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General motors

General Motors board approves another $6 billion share repurchase as the automaker gains momentum

General Motors board approves another $6 billion share repurchase...

Wed, Jun 12, 2024

GM, which announced in April that it was moving its Detroit headquarters to a new downtown office building next year, in January raised its dividend to 12 cents per share from the previous 9 cents per share.

General Motors results beat targets, forecast raised, shares jump

General Motors results beat targets, forecast raised, shares jump

Wed, Apr 24, 2024

Michigan-based GM boosted its adjusted pre-tax profit projection for the year to $12.5 billion to $14.5 billion, from its previous range of $12 billion to $14 billion.

GM recalling 820,000 pickup trucks for tailgate issue

GM recalling 820,000 pickup trucks for tailgate issue

Sun, Mar 03, 2024

The recall covers about 570,000 trucks in the United States and 250,000 in Canada.

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Automakers oppose US bid to force recall of 52 million air bag inflators

Automakers oppose US bid to force recall of 52 million air bag in...

Wed, Dec 20, 2023

Delphi Automotive, part of Autoliv (ALV.N), manufactured approximately 11 million of the inflators through 2004 under a licensing agreement with ARC, which manufactured the remaining 41 million.

GM cancels 1,245 layoffs at factories in Brazil, union says

GM cancels 1,245 layoffs at factories in Brazil, union says

Sun, Nov 05, 2023

The announcement was made a day after a Brazilian labor court rejected the U.S. automaker's request for an injunction to maintain the layoffs.

Canadian union Unifor strikes at GM after contract talks fail

Canadian union Unifor strikes at GM after contract talks fail

Tue, Oct 10, 2023

The union had chosen the company as its second bargaining target of the Detroit Three automakers after Ford.

Hyundai Motor to acquire General Motors' Telegaon plant in Maharashtra

Hyundai Motor to acquire General Motors' Telegaon plant in M...

Mon, Mar 13, 2023

The Talegaon plant is a General Motors assembly and powertrain production facility located in Talegaon, Maharashtra, India. In 2017, the facility took over vehicle production from the GM India Halol plant, which was closed.

General Motors layoff 2023: Over 500 employees sacked by automaker

General Motors layoff 2023: Over 500 employees sacked by automake...

Thu, Mar 02, 2023

The timing of the job cuts seems odd as it roughly comes a month after GM CEO Mary Barra and CFO Paul Jacobson told investors that the company was not planning any layoffs.

General Motors lays off 500 workers to cut costs

General Motors lays off 500 workers to cut costs

Thu, Mar 02, 2023

The timing of the job cuts seems odd as it roughly comes a month after GM CEO Mary Barra and CFO Paul Jacobson told investors that the company was not planning any layoffs.

Top-selling automaker in US: Big feat! Toyota dethrones General Motors for the 1st time

Top-selling automaker in US: Big feat! Toyota dethrones General M...

Wed, Jan 05, 2022

Detroit-based General Motors has lost the crown of top-selling automaker in the US, handing over the baton to Japanese giant Toyota Motor.

Consumer Electronics Show: General Motors, Google, others join retreat from CES over rising COVID-19 cases

Consumer Electronics Show: General Motors, Google, others join re...

Fri, Dec 24, 2021

U.S. automaker General Motors Co, Alphabet Inc.`s Google and its self-driving auto-technology company Waymo on Thursday joined the companies no longer attending the Consumer Electronics Show (CES) in person early next month due to rising COVID-19 infections.

General Motors's 2022 Hummer EV to debut later this year, reveals new motor to power future EVs

General Motors's 2022 Hummer EV to debut later this year, re...

Fri, Sep 24, 2021

These three electric motors can be used in one EV – variations of the 2022 GMC HUMMER EV will feature three separate 255-kW motors, yielding a GM-estimated output of 1,000 horsepower.

EXCLUSIVE: GM to boost spending on electric vehicles 30%, add two new battery plants - sources

EXCLUSIVE: GM to boost spending on electric vehicles 30%, add two...

Wed, Jun 16, 2021

General Motors Co will boost global spending on electric and autonomous vehicles to $35 billion through 2025, a 30% jump over its most recent forecast as it pursues EV leadership, people briefed on the matter told Reuters

GM will repay $28 million to Ohio in tax incentives after closing plant

GM will repay $28 million to Ohio in tax incentives after closing...

Tue, Sep 29, 2020

General Motors Co will repay $28 million in state tax incentives to Ohio after the largest U.S. automaker came under heavy criticism for closing its Lordstown Assembly plant in March 2019. GM`s agreement with the Ohio Tax Credit Authority also requires the Detroit automaker to pay $12 million for "community support programs" in the Mahoning Valley

GM appeals directly to employees as strike losses mount

GM appeals directly to employees as strike losses mount

Sat, Oct 12, 2019

General Motors Co took the unusual step of appealing directly to its unionized employees in a blog post on Friday that laid out its latest offer aimed at ending a month-long strike.

Nearly 50,000 General Motors workers slated to go on strike

Nearly 50,000 General Motors workers slated to go on strike

Mon, Sep 16, 2019

Almost 50,000 General Motors workers are slated to strike work across the US after the nation`s biggest carmaker failed to reach a pay and conditions deal with their union, reports said on Sunday.

This really happened! When Michelin-General Motors took air out of tyres for passenger vehicles - Testing and plans

This really happened! When Michelin-General Motors took air out o...

Fri, Jun 21, 2019

It was a big moment at Movin’On Summit for sustainable mobility when mobility company Michelin and auto giant General Motors (GM) presented a new generation of airless wheel technology for passenger vehicles — the MICHELIN Uptis Prototype Unique Punctureproof Tire System.

General Motors, Bechtel to build EV charging stations

General Motors, Bechtel to build EV charging stations

Wed, May 29, 2019

General Motors said on Tuesday it will partner with construction firm Bechtel Corp to build fast-charging stations across the United States for electric vehicles, and is seeking investors to fund the collaboration.

General Motors says no cut in Chevrolet Bolt sticker price as US tax credit for EVs drops

General Motors says no cut in Chevrolet Bolt sticker price as US...

Fri, Mar 29, 2019

GM has laid out an aggressive electric vehicle strategy, vowing to bring at least 20 EV models to market by 2023. In January, Tesla Inc cut the prices of its EVs by $2,000 after its EV tax credit fell from $7,500 to $3,750 after it hit the 200,000 EV sales milestone.

General Motors sold 200,000 e-vehicles in US by 2018, triggering tax-credit phaseout: Source

General Motors sold 200,000 e-vehicles in US by 2018, triggering...

Wed, Jan 02, 2019

The largest U.S. automaker reached the figure in the fourth quarter of 2018, which means the credit will fall to $3,750 in April, and then drop to $1,875 in October for six months. The credit will completely disappear by April 2020. The 200,000 figure covers GM`s cumulative EV sales since 2010.

US agency probes 1.7 million General Motors SUVs over wiper failures

US agency probes 1.7 million General Motors SUVs over wiper failu...

Wed, Nov 07, 2018

The U.S. National Highway Traffic Safety Administration (NHTSA) said on Tuesday it was investigating whether General Motors Co , should recall an additional 1.7 million sport utility vehicles due to an issue with windshield wiper failures.

General Motors will recall more than 3.3 million vehicles in China: market regulator

General Motors will recall more than 3.3 million vehicles in Chin...

Sat, Sep 29, 2018

General Motors` joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with the suspension system, China`s market regulator said on Saturday.

Who is Dhivya Suryadevara; the Indian-American just named as first woman CFO at General Motors

Who is Dhivya Suryadevara; the Indian-American just named as firs...

Thu, Jun 14, 2018

Chennai-born Dhivya Suryadevara, 39, has been GM's vice president of corporate finance since July 2017. She will report to Chief Executive Officer (CEO) Mary Barra, 56, who has been head of the automaker since 2014.

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