General Motors (GM) hopes slow and steady wins the EV race after reporting strong sales growth in its electric vehicle ...

Shares of General Motors are rising Wednesday after the automaker announced a new $6 billion stock buyback plan and raised its quarterly dividend.

GM reported Tuesday it sold 693,363 vehicles in the first quarter in the U.S., compared with a 1.5% slide one year ago to 594,233 vehicles sold.

Roughly 30% of GM vehicles sold in the U.S. during the first three quarters of 2024 were assembled in Canada and Mexico.

General Motors found a way to combat tariff and economic fears: return cash to shareholders. GM stock rose by about 3.8% to $48.46 on Wednesday after the company unveiled plans to hand investors ...