General Motors

General Motors Appoints Ex-Tesla, Google Exec as New Head of Manufacturing

General Motors Appoints Ex-Tesla, Google Exec as New Head of Manufacturing

General Motors appoints an ex-Tesla and Google executive to be the new head of manufacturing.

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LG Chem Signs Deal With GM to Build $3 Billion EV Battery Cathode Factory — the Largest of Its Kind in the US

LG Chem Signs Deal With GM to Build $3 Billion EV Battery Cathode Factory — The Largest of Its Kind in the US

LG Chem has entered into an agreement with General Motors (GM), which includes a plan to build a massive battery cathode factory in Tennessee.

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General Motors Lowers Its Growth Expectations Amid Steel And Aluminum Tariffs

GM Achieves its Best US Vehicle Sales in 2023 Since 2019

General Motors (GM) marked a significant achievement in 2023, reporting a 14.1% increase in U.S. vehicle sales.

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Tesla, Nissan, GM and Other EV Models Lose US Tax Credits

Tesla, Nissan, GM and Other EV Models Lose US Tax Credits

Several electric vehicle (EV) models, including the Nissan Leaf, Chevrolet Blazer EV, Tesla Cybertruck All-Wheel Drive, and some Tesla Model 3s, are no longer eligible for tax credits of up to $7,500.

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General Motors Stock Jumps 10% as the Automaker Announces $10 Billion Buyback, Dividend Hike

General Motors Stock Jumps 10% as the Automaker Announces $10 Billion Buyback, Dividend Hike

General Motors (GM) has unveiled a $10 billion accelerated share repurchase program and reinstated its 2023 earnings guidance.

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General Motors Pledges $328 Million Investment, Retains Workers

General Motors announced its plans to invest $328 million to to its Tonawanda and Lockport plants. The news came as a relief to the workers who felt reassured of their future as the company will retain hundreds of jobs on both plants.

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Toledo Investment with GM

General Motors Co.is planning to invest to make a very big investment with the Toledo Transmission.

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GM Recycles Water Bottles for Its SUV Insulation Part

GM is using its recycled water bottles to build an insulation part for its Chevrolet Equinox engine. The effort is a part of the company’s initiative to achieve zero waste.

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Lyft Teams Up With GM to Launch Car Rental Program as It Aims to Get More Drivers

App-based ride-hailing service Lyft announced its new initiative with GM, a car rental program called Express Drive. Aiming to grow its base of drivers, the new program will allow drivers to apply without owning a qualifying car but renting in instead.

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General Motors Acquired Silicon Valley-based Cruise Automation, Aims to Integrate Autonomous Cars Software to Manufacturing

General Motors is moving forward to compete in the autonomous car markets. The giant automaker has acquired a driverless cars software maker, Cruise Automation, for reportedly more than $1 billion.

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Additional 200,000 Recalled Vehicles on GM Saab and Saturn Models Over Airbag Issues

General Motors discontinued and then sold its Saab and Saturn brands. Ironically, it made an announcement today that these cars from both brands consist of parts that could explode from the Takata airbag. The said cars’ manufacturing date was way back 2003 and a total of 180,000 vehicles are recalled in the U.S. while 20,000 units are from Canada.

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GM Recalls 473,000 Trucks and SUVs in Canada, US Due to Brake Pedal Issues

GM is about to roll out yet another recall program, this time affecting 47300 vehicles in North America. The leading automaker has found issues with the brake nut that could lead to failure of this vital function. This is nowhere close to the first time the company called back its cars for some fix, and seems it won't be the last either.

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Ford to open new plant in Mexico: Reports

Ford is reportedly intending to start a new plant in Mexico with an aim to boost its production capacity of US plants. This move by the company reflects its rival General Motors' investment plan of $5 billion to multiply the production capacity in Mexico within 2018.

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Ford Q4 earnings beat analyst forecast

Ford Motor said its fourth-quarter earnings beat Wall Street analysts' expectations and reiterated 2016 pre-tax profit forecast to be identical to or greater than the previous year.

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Toyota plans to take over the rest of Daihatsu

Toyota Motor is seriously contemplating a buyout of Daihatsu Motor Co., which would give the company direct access to Daihatsu’s 660 cc mini vehicles. This investment would fetch Toyota great returns in the emerging markets and also enable leveraging of the low-cost production model that has long been Daihatsu’s competitive advantage.

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