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The Latest Breaking News from General Motors Co

GM's BrightDrop to make vans for DHL Express Canada, starts Ontario production

INGERSOLL, Ontario — General Motors Co.'s BrightDrop electric delivery vehicle company is adding DHL Express Canada logistics company as a customer, the automaker said Monday.

Tribune News Service

GM, LG investing $275 million to increase Tennessee battery plant capacity

General Motors Co. and LG Energy Solution are investing $275 million at their Tennessee Ultium Cells LLC joint-venture battery plant to increase cell production there when it opens in late 2023, the company announced Friday.

Tribune News Service

Musk Says Apple Mostly Stopped Advertising on Twitter

Billionaire Elon Musk said in a tweet on Monday that Apple Inc has mostly stopped advertising on Twitter. Apple and Twitter did not immediately respond to requests for comment. Earlier in November, Musk said Twitter had seen a "massive" drop in revenue and blamed activist groups for pressuring advertisers. Several…

Asharq Al-Awsat

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GM battery plant employees to vote for UAW representation in December

An election to unionize the first General Motors Co. and LG Energy Solution battery cell manufacturing plant is scheduled for Dec. 7 and Dec. 8, according to a National Labor Relations Board filing.

Tribune News Service

GM startup BrightDrop projects $1 billion in revenue next year

BrightDrop, a General Motors Co. startup, focused on offering electric delivery options, told investors on Thursday it's on track to reach $1 billion in revenue in 2023.

Tribune News Service

General Mills latest to halt Twitter ads as Musk takeover sparks brand exodus

Cheerios and Lucky Charms cereal company joins General Motors Co and Audi among others in pulling money from the platform

The Guardian - US

GM to collaborate on battery separator technology, build plant

General Motors Co. and battery manufacturer Microvast said Wednesday they will jointly develop specializedelectric-vehicle battery separator technology and build a new separator plant in the U.S.

Tribune News Service

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GM: All American sites will be powered with renewables by 2025

General Motors Co. said Wednesday that based on current projections, it will be able to power all of its U.S. sites with renewable energy by 2025 — five years ahead of its previous target of 2030.

Tribune News Service

GM brings in $3 billion in profits during third quarter

General Motors Co. on Tuesday said it made $3.3 billion in net income in the third quarter, up from 2021's third quarter profits of $2.4 billion despite a tight supply inventory still hindering sales and lessening demand amid economic uncertainty.

Tribune News Service

GM beats expectations, nets $3.3 billion profit in third quarter

Tribune News Service

GM reveals Edition 1 of GMC Sierra EV Denali

General Motors Co. is again revealing another pricey electric version of one of its popular trucks: the GMC Sierra.

Tribune News Service

GM white-collar employees to return to office 3 days a week Jan. 30

General Motors Co. has informed its white-collar workforce they have to return three days a week to the office starting at the end of January.

Tribune News Service

Harley is rethinking its headquarters as CEO rejects a return to office

Companies from Apple Inc. to General Motors Co. to Goldman Sachs Group Inc. are grappling with how to coax employees back to the office. Harley-Davidson Inc. is taking a different tack: let them stay home.

Tribune News Service

GM expands benefits eligibility to include US domestic partners

General Motors Co. is expanding benefits eligibility for U.S. salaried employees to include their domestic partners, regardless of gender, starting Jan. 1, 2023.

Tribune News Service

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GM to invest in Australian minerals company to secure nickel, cobalt supplies

General Motors Co. on Tuesday said it has secured a new source of nickel and cobalt for its Ultium battery cells through an investment of up to $69 million in an Australian minerals exploration company.

Tribune News Service

GM creates new energy business

General Motors Co. announced Tuesday it's forming a new business called GM Energy for energy management products and services to expand growth opportunities beyond selling vehicles.

Tribune News Service

Ford, GM report mixed Q3 results in China as auto market continues COVID recovery

Crosstown rivals General Motors Co. and Ford Motor Co. reported mixed results in China in the third quarter as the world's largest car market continued its recovery from COVID-related disruptions earlier this year.

Tribune News Service

GM Defense selected to develop battery prototype for military use

GM Defense, a subsidiary of General Motors Co., has been selected by the Pentagon's Defense Innovation Unit to develop a battery pack prototype for testing and analysis on Department of Defense platforms, the company said Thursday.

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GM sees 24% 3Q sales increase, says it's prepping early for EV launches in 2023

General Motors Co. U.S. dealers sold 555,580 vehicles in the third quarter, up 24% from last year as inventory levels improved and demand remained strong despite rising interest rates.

Tribune News Service

GM partners with Silicon Valley company on battery tech

General Motors Co. and Palo Alto-based OneD Battery Sciences have entered a joint research development agreement for the potential use of OneD's silicon nanotechnology in GM's battery cells to increase energy density for longer range at a lower cost.

Benzinga

Is iPhone Demand Really Slowing Down?, Lyft Freezes Hiring, Biogen's New Drug Slows Alzheimer's Progression: Top Financial Media Stories Wednesday, Sept. 28

Bloomberg

Tribune News Service

GM delays timeline on employees returning to the office amid backlash

General Motors Co. executives are delaying the timeline for bringing white-collar workers back to the office after backlash from a decision released last week requiring employees to return to in-person work three days a week, according to a Tuesday memo.

Tribune News Service

GM tells white-collar employees to return to office 3 days a week

General Motors Co. white-collar employees will be expected to return to the office three days a week later this year, the company said Friday.

Tribune News Service

General Motors invests $760 million for EV-related work at Toledo transmission plant

General Motors Co. is investing $760 million at its Toledo Propulsion Systems plant for the production of drive units that will be used for future battery electric trucks, including the Chevrolet Silverado EV, GMC Sierra EV and GMC Hummer EVs, the company said Friday.

Tribune News Service

GM invests in battery recycling company

GM Ventures, General Motors Co.'s investment arm, has made a strategic investment in Canada-based Lithion Recycling Inc.'s Series A financing round to support a new strategic partnership between the companies.

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