GM News Updates

GovernmentBusiness

GM to Spend $3.5B in Michigan Under Revised Tax Credit Deal

Michigan on Jan. 22 agreed to revise decadelong tax breaks for General Motors in exchange for the company’s commitment to spend at least $3.5 billion more over 10 years.

January 23, 2020
BusinessTechnologyAutonomous

GM’s Cruise Unveils New Robotaxi Concept

The service still being developed by GM’s Cruise subsidiary will rely on a boxy, electric-powered vehicle called “Origin†that was unveiled late Jan. 21 in San Francisco amid much fanfare.

January 22, 2020

Think Tank Says UAW Deals Increased Automakers’ Labor Costs

DETROIT — New contracts between the United Auto Workers union and Detroit’s three automakers substantially increased the cost gap between Detroit and foreign automakers with U.S. factories, an industry think tank says.

January 15, 2020
BusinessEquipment

GM Promotes 1,350 Temp Workers to Full-Time Status After Strike

General Motors Co. delivered on one of the key promises made in its labor contract that ended a 40-day strike in October by giving 1,350 temporary staffers full-time status.

January 15, 2020
BusinessTechnologyEquipmentFuel

GM Set to Revive Hummer Brand With Electric Truck and SUV

General Motors Co. is moving forward with plans to revive its polarizing Hummer brand, this time as an electric truck instead of an emblem of gasoline consumption, according to people familiar with the matter.

January 10, 2020
BusinessTechnologyFuelTCA

GM, Tesla Head for New Year Without Electric Vehicle Tax Credits

General Motors Co. and Tesla are about to become the first automakers that will have to sell EVs without the benefit of a $7,500 federal tax credit.

December 27, 2019
BusinessTechnology

After Century of Automaking, Last GM Truck Rolls Off Canada Line

After more than a century and 20 million autos built, the General Motors Co. plant in Oshawa, Ontario, will make its last vehicle Dec. 18 when a final pickup truck rolls off the line.

December 18, 2019
BusinessTechnologyFuel

GM Loans Ohio Plant Buyer $40 Million to Launch Electric Truck

General Motors Co. loaned the buyer of its half-century-old assembly plant in Ohio $40 million to help the cash-strapped startup roll out an electric pickup truck.

December 10, 2019
BusinessTechnologyEquipmentFuel

GM to Build $2.3 Billion Battery Plant in Lordstown, Ohio

General Motors Co. and its battery partner, South Korea’s LG Chem Ltd., will jointly invest $2.3 billion in a new electric vehicle battery plant to be built in Lordstown, Ohio, the same city where the automaker controversially idled and then sold a 53-year-old compact-car factory.

December 5, 2019
BusinessEquipmentTCA

GM Announces $175 Million Diesel Truck Engine Component Plant in Ohio

The Dayton, Ohio, area will soon be home to a new General Motors plant making components for Duramax diesel truck engines.

November 22, 2019