The fully loaded version of the brand's first electric vehicle will come with a slew of off-roading technology. Production is scheduled to start in late 2021.

Corvette inventory already is extremely limited because most of the cars are preordered before they arrive at dealerships, GM said.

GM's Ultium-powered vehicles will feature a wireless management system, allowing the automaker to get the batteries to market faster, incorporate new technology quickly and easily reuse the battery later.

Most of GM's Canadian and U.S. salaried workers are not expected to return to the office until mid-2021.

GM will own 11 per cent of the EV startup. The agreement will commercialize GM's fuel cell technology in high volumes and extends the use of its fuel cell system to the semi-truck market. Shares in both companies surged on the news in early trading.

Effective Sept. 1, the Corvette's engineering team is shifting from GM's global product programs umbrella to its autonomous and electric vehicles program. The engineers will continue to develop next-gen Corvettes.

When the pandemic hit, auto industry leaders knew two things: The supply chain was in danger of crashing, and that couldn't happen.

The Chevy Silverado could get the same multifunctional tailgate as the GMC Sierra's popular Multipro, GM-trucks.com reports.

Dhivya Suryadevara, who orchestrated a restructuring plan for GM during her nearly two years running the automaker's finances, is taking a job for the online payments company Stripes. John Stapleton will be acting CFO during the search for a successor.

Cadillac's first fully electric vehicle, due in 2022, will offer more than 480 kilometres of range and advanced driver-assist technology.

GM postponed the original May debut because of the coronavirus pandemic. The pickup could better position GM to compete against off-road rivals, such as the Ford Bronco.

Production and revenue fell by more than half, but cost cutting and strong pricing allowed the automaker to nearly break even in North America despite its plants being closed for eight weeks.

The automaker plans to roll out 20 EVs by 2023, but the electrification of its lineup will be gradual, funded by the lucrative gasoline vehicles on sale today.

The 38-year GM veteran, after getting a three-year product blitz underway at Cadillac, will be in charge of the automaker's most profitable region during its US$20 billion push into electric and autonomous vehicles.

Barry Engle is leaving to pursue other leadership opportunities after 15 months in charge of North America. Cadillac chief Steve Carlisle, a Canadian, will succeed him.