Tag: GM

EV & Electric Cars, News

GM Sales Soar in 2025 Despite Q4 Slump

General Motors had a banner year, selling over 2.8 million vehicles across its four brands—Buick, Cadillac, Chevrolet, and GMC—in 2025. But the company's strong performance was marred by a significant fourth-quarter dip in sales.Key TakeawaysTotal GM sales increased 5.5% to 2.8 million vehicles in 2025.All four brands saw declines in Q4, with Cadillac's drop of 16.7% being the sharpest.Electric vehicle models experienced significant decreases compared to gas-powered counterparts.The numbers tell a story of success and struggle for GM. Total sales rose by over half a million vehicles from the previous year, but that didn't stop Q4 from seeing a 6.9% dip in sales volume across all brands. Buick had it tough with a 10.5% drop in its last quarter.Chevrolet's numbers were mixed; while some mode...
GM’s Lotus Ownership Ends in Failure and Relinquishment
Industry & Business, News

GM’s Lotus Ownership Ends in Failure and Relinquishment

General Motors has officially relinquished its ownership stake in sports car maker Lotus, ending a partnership that began over two decades ago but ultimately proved unsuccessful. The move marks the end of an era for both companies.Key TakeawaysGM sells off its remaining 25% stake in Lotus Engineering to Malaysian company Proton Holdings.The deal includes a technology transfer agreement allowing GM and Proton to collaborate on future projects.This marks the end of GM's involvement with Lotus, which began when it acquired shares from Italian automaker Fiat in 1996.General Motors initially bought into Lotus Engineering as part of its strategy to expand globally. However, despite early optimism and shared projects such as the Omega sports car concept, relations soured over time due to differin...
Chevy Brightdrop Electric Van: A Great Deal for Fleet Managers
EV & Electric Cars, Industry & Business, News

Chevy Brightdrop Electric Van: A Great Deal for Fleet Managers

When General Motors announced it would stop producing the Chevy Brightdrop electric van, many fleet managers might have thought their chance to get a piece of this innovative vehicle had passed. However, GM's decision has actually opened up an incredible leasing opportunity that could save your company thousands.Key Takeaways$699 monthly lease with $2,999 down payment available through January 2ndAdditional $3,000 discount for Costco Executive MembersPrecious manufacturer support and parts longevity ensure long-term reliabilityThe Chevy Brightdrop electric van was designed specifically with fleet needs in mind. Now that GM has decided to stop production, they're offering an unbeatable lease deal: $699 per month for 39 months with a down payment of just $2,999. This is on top of the already...