GM News Updates

Business

GM Plots Temp-Worker Push With Union Still Seething Over Doomed Plants

General Motors Co. wants to hire more temporary workers at U.S. plants and trim its health care costs, said people familiar with the automakers thinking. Its union still steaming over the carmakers plans to close four U.S. factories has little interest in obliging.

June 19, 2019
Business, Fuel, TCA

Not a PR Stunt: GM Still Hopes to Sell Lordstown Plant to Workhorse

General Motors CEO Mary Barra said June 5 that the company still hopes to sell its Lordstown, Ohio, assembly plant to Workhorse Group, an electric-vehicle start-up, although questions have been raised about that companys financial wherewithal.

June 6, 2019
Business, Technology

GMs Mark Reuss: Electric Cars Will Be Average Cost and Profitable

General Motors Co. is making a big claim about its future electric cars: The automaker will be able to sell them at very average transaction prices and be profitable, GM President Mark Reuss said in a presentation June 5.

June 5, 2019
Government, Business, Equipment, Logistics

News of GM Plant Sale Leaves Union Unhappy

The president of United Auto Workers Local 1112 in Lordstown whom Trump attacked on Twitter two months ago is among a handful of workers whose job is to do maintenance at the inactive compact car factory that made its last Chevrolet Cruze in March. He was left in the dark about GMs talks to sell the factory.

May 9, 2019
Business, Technology, Autonomous

GM Self-Driving Units Valuation Swells to $19 Billion

General Motors Co.s self-driving unit drew $1.15 billion in fresh investment, with T. Rowe Price Associates Inc. joining existing backers, including Honda Motor Co. and SoftBank Vision Fund.

May 7, 2019
Business, Technology

GM Beats Profit Estimates With a Raise From Lyft

General Motors Co. needed a little help from ride-hailing company Lyft Inc. to beat analysts for first-quarter profit as cost cuts only partially made up for lower sales.

April 30, 2019
Business, Technology

GM Talks With Amazon-Backed Electric Truck Maker Said to Collapse

Talks between General Motors Co. and electric-vehicle startup Rivian Automotive Inc. about the largest U.S. carmaker buying an equity stake have reached an impasse and may be dead, sources familiar with the matter said.

April 12, 2019
Business, Technology, Logistics

Ford Boosts Output of Big SUVs for Second Time in Two Years

Ford Motor Co. is boosting production of its biggest, highly lucrative sport utility vehicles for the second time in two years at a U.S. factory already bursting at the seams.

March 19, 2019
Government, Business, Technology, Logistics

Trump Calls on GM to Bring Jobs 窪蹋勛圖厙 After Ohio Plant Closing

President Donald Trump said he wants an immediate start to talks between General Motors Co. and the United Auto Workers, extending to a third day his calls for the carmaker and union to reopen an Ohio factory.

March 18, 2019
Business, Equipment, Logistics

GMs Cruze-Producing Ohio Plant Goes Idle

A sprawling General Motors assembly plant near Youngstown, Ohio, will be idled March 6 after more than 50 years producing cars and other vehicles, a move that will eliminate nearly 1,700 hourly positions by months end.

March 6, 2019