General Motors News Updates

GovernmentBusinessEquipmentLogistics

GM, Ford Slip as Auto Sector Hit by Trump’s Mexico Threat

U.S. automakers and parts suppliers were among the sectors hit hardest in early trading May 31 after President Donald Trump’s threat to impose a tariff of up to 25% on Mexican goods. General Motors Co. and Ford Motor Co. each fell more than 3%.

May 31, 2019
GovernmentBusinessLogistics

UAW Says GM Dismissed Concessions Before Idling Cruze Plant in Ohio

Three weeks after employees at the Lordstown General Motors Co. compact car plant assembled their last Chevrolet Cruze, employees are filing into the United Auto Workers Local 1112 hall to sign up for unemployment benefits and try to figure out if they should take a transfer to another GM plant or wait it out.

March 29, 2019
GovernmentBusinessTechnologyTCA

GM to Invest $300 Million, Create 400 Jobs at Michigan Plant

General Motors Co. will invest $300 million in its Orion Township. Mich., assembly plant, a move that will create 400 jobs in suburban Detroit.

March 22, 2019
BusinessLogisticsTCA

GM Plans Electric Investment in Michigan Plant

General Motors Co. will throw a bone to President Donald Trump on March 22 by announcing an investment in its electric-car plant north of Detroit after enduring days of intense criticism for idling an Ohio factory.

March 21, 2019
GovernmentBusinessLogistics

Trump Suggests GM Should Sell Idled Ohio Auto Plant

President Donald Trump said March 20 that General Motors Co. should sell an idled plant in Lordstown, Ohio, or restart production. The company said it’s received inquiries about factory.

March 21, 2019
BusinessTechnologyAutonomousTCA

Detroit at Center of Autonomous Tech Universe, Navigant Report Shows

A new study by Navigant Research rates three companies as leaders in the race to develop and make money on self-driving, autonomous cars and trucks.

March 14, 2019
BusinessTechnologyAutonomous

GM Cruise Falls Short of Self-Driving Test Miles Projection

In late 2017, the co-founder of General Motors Co.’s self-driving unit told investors the company was on the verge of putting 1 million miles a month on its autonomous test cars. That projection proved to be quite a stretch.

February 14, 2019
BusinessTechnologyEquipment

Spotlight Shines on Pickup Trucks as Electric Vehicle Race Expands

Plug-in pickup trucks look to be the next frontier in the budding electric vehicle industry as startup Rivian Automotive is said to be in talks with General Motors Co. and Amazon.com.

February 13, 2019
Business

GM 4Q Earnings Easily Beat Analysts’ Estimates

General Motors Co. reported fourth-quarter earnings that blew away estimates and reiterated the upbeat profit forecast for 2019 it gave last month. The shares rose in U.S. early trading.

February 6, 2019
BusinessTechnology

GM’s Diesel Pickups Pave Way to Electric Future

The vehicles that will secure the next decade for General Motors Co. aren’t covered in self-driving sensors or loaded with batteries. No, the future depends on hulking pickup trucks that often run on diesel and cost more than the average BMW.

February 5, 2019