GM News Updates

Business

GMs CFO Resigns to Join Fintech Startup Stripe

General Motors Co.s chief financial officer is stepping down after two years to take a job at a financial technology company in an unexpected move prompting the automaker to appoint an acting successor.

August 11, 2020
GovernmentBusiness

Fiat Chrysler Calls GMs Bribery Allegations Preposterous

Allegations by General Motors that Fiat Chrysler Automobiles bribed union officials are preposterous and read like a script from a third-rate spy movie, FCA lawyers wrote in court documents filed Aug. 10.

August 10, 2020
GovernmentBusiness

GM Alleges Fiat Chrysler Spent Millions to Bribe UAW Leaders

General Motors is asking a federal judge to reconsider his dismissal of a lawsuit against Fiat Chrysler based on new allegations that FCA bribed union and GM officials.

August 3, 2020
BusinessTechnologyFuel

GM to Build Nationwide EV Charging Network

General Motors Co. is working with electric-vehicle charging operator EVgo Services to build a nationwide fast-charging infrastructure.

July 31, 2020
BusinessTechnology

GM Prodded to Catch Electric-Car Zeitgeist With Name Change

General Motors Co. has weathered depressions, wars and pandemics under its century-old name, but the coming shift to battery-powered vehicles may be an opportunity to rethink its generic-sounding corporate moniker in favor of something avant-garde.

July 30, 2020
BusinessTechnologyAutonomous

GMs Self-Driving Unit Cruise to Lay Off Almost 8% of Staff

Cruise, the self-driving car unit majority owned by General Motors Co., is laying off almost 8% of full-time employees to cut costs in the midst of the coronavirus pandemic.

May 14, 2020
Business

GM, Ford Credit Arms May Lose Billions on Used-Car Price Plunge

General Motors Co.s and Ford Motor Co.s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used vehicle prices, JPMorgan Chase & Co. analysts said.

April 20, 2020
GovernmentBusinessLogisticsTop 50Top 100TCA

UPS Shipping First Ventilators From GM Facility to Hospitals

UPS is shipping ventilators made in a General Motors facility to hospitals in the Chicago area.

April 17, 2020
GovernmentBusiness

GM Secures $490 Million US Contract to Make Ventilators

The U.S awarded General Motors Co. and its partner Ventec Life Systems a $489.4 million contract to make 30,000 ventilators by the end of August, finalizing a deal that briefly was a point of contention for President Donald Trump.

April 8, 2020
BusinessTechnologyTCA

GM, Honda Partner to Build Honda EVs in GM Plants

General Motors Co. and Honda Motor Co. announced an agreement April 2 to jointly develop two new electric vehicles for Honda that will be based on GMs global electric-vehicle platform thats powered by the Detroit automakers Ultium battery system.

April 3, 2020