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The Latest Breaking News from General Motors Co

Mary Barra Net Worth 2024: The General Motors CEO's Financial Success

Mary Barra may be one of the toughest women in a man's world. Being the CEO of GM makes her a worthy subject when it comes to determining someone's net worth.

International Business Times

Ford cuts price on electric version of F-150 truck by up to 17%

Ford Motor Co. is slashing prices on the electric version of its best-selling F-150 pickup by as much as 17%, as it moves to fend off new competition coming from Tesla Inc. and General Motors Co.

Tribune News Service

UAW's fight against GM's battery joint venture intensifies with new union report

DETROIT — The United Auto Workers is intensifying its fight against General Motors Co. and partner LG Energy Solution for the "high risk and low pay" it is offering the workforce at its Ultium Cells LLC joint-venture battery cell plant in Warren, Ohio.

Tribune News Service

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GM posts 19% year-over-year sales increase in second quarter

DETROIT — General Motors Co.'s sales in the second quarter increased 19% year over year, the Detroit automaker said Wednesday.

Tribune News Service

General Motors acquires Israeli battery software startup

General Motors Co. has acquired Israel-based battery software startup ALGOLiON Ltd. for an undisclosed amount, the Detroit automaker said in a news release Friday.

Tribune News Service

GM CEO Views Tesla’s Musk As Both Competitor And Partner

GM and Tesla have teamed up for EV charging, but the two companies are still competing for market share in the space.

Zenger

GM announces another EV supply chain deal

General Motors Co. and Australia-based Element 25 Limited have signed an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate annually to the Detroit automaker, the companies said Monday.

Tribune News Service

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GM increasing price for base Silverado EV Work Truck

General Motors Co. is kicking off production of the Chevrolet Silverado EV with some upgraded specs for the coming truck, and a higher price for the base model.

Tribune News Service

GM expands Duramax diesel engine operations to support HD truck production

General Motors Co. is investing $920 million at its Ohio Duramax operations for production of diesel engines for future heavy-duty trucks, the company announced last week.

Tribune News Service

General Motors Co. (GM) vs. Nikola Corp. (NKLA): Which Is the Better Buy?

Automobile demand is expected to bounce back this year after a disappointing 2022. The rapid switch from ICE vehicles to electric vehicles will likely drive the growth of General Motors (GM) and Nikola (NKLA). Let’s compare these two stocks' fundamentals to identify which is a better buy now.

StockNews.com

GM receives tax incentives to support potential $3.5 billion Indiana battery plant

An Indiana county council on Tuesday evening approved tax incentives for a $3.5 billion battery plant investment by General Motors Co. and battery partner Samsung SDI.

Tribune News Service

GM nixed Apple CarPlay, Android Auto. Here's why

General Motors Co.’s controversial decision to ditch two popular phone projection systems from its future electric vehicles could be risky, but the company insists the move will pay off by giving consumers a more vehicle-embedded infotainment experience.

Tribune News Service

GM CEO Mary Barra on the industry's transformation, progress on DEI, and return to office

DETROIT — General Motors Co. CEO Mary Barra touched on everything from how the Detroit automaker is approaching one of the most monumental shifts in automotive industry history to the company's progress on diversity, equity and inclusion efforts to GM's return-to-office strategy in a wide-ranging discussion Thursday.

Tribune News Service

US Supreme Court won't hear GM's 2019 racketeering lawsuit against Fiat Chrysler

The U.S. Supreme Court has denied a request from General Motors Co. to hear its racketeering lawsuits against crosstown competitor Fiat Chrysler Automobiles, now known as Stellantis NV.

Tribune News Service

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Chevrolet debuts first Silverado HD ZR2 performance truck

For the first time ever, General Motors Co. is bringing its ZR2 off-roading badge to the heavy-duty Chevrolet Silverado.

Tribune News Service

GM leads $50 million funding round in EnergyX lithium startup

Energy Exploration Technologies Inc. and General Motors Co. on Tuesday said the automaker's investment arm GM Ventures is leading a $50 million Series B financing round for the lithium startup.

Tribune News Service

GM China auto sales down 25% in first quarter

DETROIT — General Motors Co. and its joint ventures in China reported a 25% decline in first-quarter sales with 462,000 vehicles delivered in the country.

Tribune News Service

GM sales up 17.6% in Q1 as EVs hit new milestone

DETROIT — General Motors Co. reported a year-over-year 17.6% sales increase in the first quarter, despite rising interest rates, continued inflation and growing economic uncertainty.

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Tribune News Service

GM changes infotainment strategy for future EVs

General Motors Co. on Friday said it's moving away from using the phone projection systems of Apple CarPlay and Android Auto.

Tribune News Service

Fain wins historic UAW presidential race, will be sworn in Sunday

DETROIT — United Auto Workers presidential candidate Shawn Fain has defeated incumbent Ray Curry in a historic, first-ever direct election for the union's highest office, the federal monitor overseeing the vote confirmed Saturday afternoon.

Tribune News Service

Meet the chief engineer behind BrightDrop, GM's newest brand

WARREN, Michigan — From the moment she started her career at General Motors Co., Kathy Gillespie never feared the unknown.

Tribune News Service

GM offers US employees voluntary separation program

DETROIT — To achieve $2 billion in cost savings, General Motors Co. is offering a voluntary separation program to its employees, the automaker confirmed Thursday.

Tribune News Service

GM cutting executive, white-collar jobs

A month after CEO Mary Barra said General Motors Co. was "not planning layoffs," the Detroit automaker is cutting a small number of executive-level and salaried jobs, The Detroit News has confirmed.

Tribune News Service

Ford to announce $2.5B battery plant in Michigan with Chinese partner

Ford Motor Co. on Monday is expected to detail a multi-billion-dollar investment with a Chinese company to build an electric-vehicle battery plant on a site in mid-Michigan, The Detroit News has confirmed.

Tribune News Service

GM makes deal with wafer maker to secure semiconductor part supply

General Motors Co. and GlobalFoundries are forming a long-term agreement to give GM a dedicated supply of a critical part on semiconductors, the companies announced Thursday.

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