Lawmakers press GM CEO on California emissions, Mexico labor
General Motors Chief Executive Mary Barra faced questions from U.S. lawmakers on Wednesday on a workers’ vote at a company plant in Mexico and the company's support for emissions reductions.
GM boosting electric and autonomous vehicle spending to $35 billion, two new factories planned
General Motors is increasing its investments in electric and autonomous vehicles to $35 billion by 2025. The automaker will build two additional battery factories in the U.S. in addition to the two previously announced.
GM to boost spending on electric vehicles 30%, add two new battery plants - sources
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 trucks losing another fuel economy feature due to chip shortage
GM is removing the stop/start feature from V8-powered light duty full-size trucks due to the ongoing semiconductor shortage. The feature shuts off the engine to save fuel when the vehicle is not in motion.
GM lifts forecast as chip shortage eases, stock hits record
Shares of General Motors Co.
Chevrolet Corvette production parked this week due to parts shortage
Production of the Chevrolet Corvette Stingray has been suspended until June 1 due to a parts shortage. The sports car is the quickest-selling vehicle on sale today.
Warren Buffett's Berkshire Hathaway shakes up investment holdings
Warren Buffett's Berkshire Hathaway cut back on financial, energy and drug stocks but beefed up its grocery and wireless holdings while adding an insurer.
Dow hits record, Nasdaq falls for 4th session
Stock investors eye GM, jobs data and Trump's Facebook ban which was upheld.
GM optimistic in full year earnings, even with chip shortage
GM CEO Mary Barra says the automaker can deliver for investors in 2021 despite production challenges.
Pfizer, GM earnings and jobs report top week ahead
A busy earnings week includes GM, Pfizer results as well as the upcoming trial for disgraced former Theranos CEO Elizabeth Holmes.
GM finds fix for Chevrolet Bolt EV fire risk
General Motors has developed new software that can detect a manufacturing issue in some Chevrolet Bolt electric car battery packs so that they can be identified and replaced.
GM President Reuss says chip shortage is 'worst' auto supply issue ever as sale prices rise
GM President Mark Ruess told Fox Business that the global semiconductor shortage is the worst supply issue the automotive industry has ever seen as industry professionals predict it could stretch into 2022 or longer.
12 states urging Biden to ban gas and diesel cars by 2035
A dozen governors are asking President Biden to push for regulations that would ban the sale of new internal combustion engine cars across the U.S. by 2035. The states are following the lead of California, where Governor Gavin Newsom passed an executive order to the same effect last year.
Union, automakers prepared to fight for higher battery-plant wages: It's a 'moral obligation'
The United Auto Workers union is calling on General Motors to pay full union wages at electric vehicle battery factories, thrusting what had been a festering conflict into the spotlight.
General Motors and LG announce $2.3B Tennessee battery factory
General Motors and LG Energy Solutions are building a battery factory in Spring Hill, Tenn., to support electric car manufacturing at GM's nearby assembly plant. The $2.3 billion facility is scheduled to open in 2023.
Ford and Tesla CEOs trade Twitter barbs and it gets personal
Ford took swipes at GM and Tesla in its announcement and it is getting ugly.
Walmart joins $2.75 billion funding round for GM's Cruise autonomous car division
Walmart has become an investor in GM's Cruise autonomous car division after testing the technology as a delivery service. The retail giant said the electric vehicles will help it reach a goal of becoming zero emissions by 2040.
Ford, GM among Michigan companies opposing Republican-backed voting limits
In Michigan, Democratic Governor Gretchen Whitmer has vowed to veto bills that Republicans have proposed, including new restrictions on absentee and mail ballots
Chip shortage forces more production cuts by GM, Ford
The shutdowns likely will crimp dealer inventory of vehicles made at the plants
Biden spending plan includes $100B for electric vehicle rebates
The Department of Transportation has sent a letter to congressional staff that said President Biden's proposed infrastructure plan includes $100 billion in new credits for electric vehicle purchases.



















