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, 2019GM News Updates
GM Self-Driving Unit’s Valuation Swells to $19 Billion
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, 2019GM 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, 2019Ford 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, 2019Trump Calls on GM to ‘Bring Jobs °®¶¹´«Ã½â€™ 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, 2019GM’s 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 month’s end.
March 6, 2019GM Grants Reprieve to One of the Plants It’s Closing Until January 2020
General Motors Co. is extending production at one of the U.S. car factories slated to shutter this year.
February 25, 2019Union Sues GM, Says Laid-off Workers Should Replace Temps
DETROIT — The United Auto Workers union is accusing General Motors of violating a national contract by using temporary workers instead of employing full-timers who were laid off from its factories.
January 3, 2019GM to Lay Off Nearly 15,000 Workers
DETROIT — General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.
November 26, 2018How General Motors Became a Force in Autonomous Sector
GM Cruise is running neck-and-neck with Waymo, a subsidiary of Google, to be first to bring fully autonomous cars to market. The two companies are considered the leaders in a crowded field, and San Francisco is the proving grounds to refine the technology.
July 19, 2018Follow Us
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