GM’s stock is soaring toward its best day in five years. Why investors are cheering.

General Motors is celebrating a stock surge it hasn’t seen in five years, thanks to lower-than-expected tariff costs and rising vehicle prices. The company’s decision to trim EV production this year could further boost profits in the coming months, bolstering investor enthusiasm.

GM plans another shift shutdown at its Factory Zero EV plant in Detroit-Hamtramck

General Motors’ Factory Zero in Detroit-Hamtramck will continue some operations in September, yet two shifts will remain paused until October 6. The temporary shutdown reflects GM’s ongoing adjustments to its electric vehicle production schedule at the plant.

GM plans another shift shutdown at its Factory Zero EV plant in Detroit-Hamtramck