WEATHER ALERT
GM's shares post biggest percentage gain in over 4 years as company reports $3 billion profit in 3Q
Read full article: GM's shares post biggest percentage gain in over 4 years as company reports $3 billion profit in 3QShares of General Motors surged nearly 10% Tuesday after the automaker posted a $3 billion third-quarter profit that was slightly less than a year ago.
Cruise will dispatch some of its trouble-ridden robotaxis to join Uber's ride-hailing service
Read full article: Cruise will dispatch some of its trouble-ridden robotaxis to join Uber's ride-hailing serviceCruise’s trouble-ridden robotaxis are on the road to joining Uber’s ride-hailing service next year as part of a multiyear partnership bringing together two companies that once appeared poised to compete for passengers.
A very strong quarter at General Motors is overshadowed by potential headwinds for industry
Read full article: A very strong quarter at General Motors is overshadowed by potential headwinds for industryU.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago.
Trump uses false claim about Chinese auto plants in Mexico to call for UAW president to be fired
Read full article: Trump uses false claim about Chinese auto plants in Mexico to call for UAW president to be firedDonald Trump made a pitch for votes from autoworkers in key swing states during his acceptance speech for the Republican presidential nomination.
GM will pay $146 million in penalties because 5.9 million older vehicles emit excess carbon dioxide
Read full article: GM will pay $146 million in penalties because 5.9 million older vehicles emit excess carbon dioxideGeneral Motors will pay nearly $146 million in penalties to the federal government because 5.9 million of its older vehicles don’t comply with emissions and fuel economy standards.
GM brings in new CEO to steer troubled Cruise robotaxi service while Waymo ramps up in San Francisco
Read full article: GM brings in new CEO to steer troubled Cruise robotaxi service while Waymo ramps up in San FranciscoGeneral Motors has named a veteran technology executive with roots in the video game industry to steer its troubled robotaxi service Cruise.
GM board approves another $6 billion share repurchase as the automaker gains momentum
Read full article: GM board approves another $6 billion share repurchase as the automaker gains momentumThe board of General Motors has approved another $6 billion share repurchase as the Detroit automaker adds to its 2024 momentum.
More women made the list of top paid CEOs in 2023, but their numbers are still small compared to men
Read full article: More women made the list of top paid CEOs in 2023, but their numbers are still small compared to menMore women are reaching the top ranks of the corporate suite of S&P 500 companies, but their numbers are still miniscule compared to their male counterparts.
GM's Cruise to start testing robotaxis in Phoenix area with human safety drivers on board
Read full article: GM's Cruise to start testing robotaxis in Phoenix area with human safety drivers on boardGeneral Motors’ troubled Cruise autonomous vehicle unit says it will start testing robotaxis in Arizona this week with human safety drivers on board.
General Motors reports strong first-quarter profits as prices help offset small US sales dip
Read full article: General Motors reports strong first-quarter profits as prices help offset small US sales dipDespite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.
Mario Andretti offended by F1 rejection. 'If they want blood, well, I’m ready,' says 1978 champ
Read full article: Mario Andretti offended by F1 rejection. 'If they want blood, well, I’m ready,' says 1978 champMario Andretti says he was deeply offended by the language Formula One Management used in denying his family and General Motors the opportunity to join the global motorsports series.
General Motors to move Detroit HQ to new downtown building, plans to redevelop Renaissance Center
Read full article: General Motors to move Detroit HQ to new downtown building, plans to redevelop Renaissance CenterGeneral Motors will move its Detroit headquarters to a new downtown office building next year and redevelop its iconic home along the Detroit River.
GM is nearly doubling the road miles where drivers can use its partially automated driving system
Read full article: GM is nearly doubling the road miles where drivers can use its partially automated driving systemGeneral Motors is adding about 350,000 miles, or about 563,000 kilometers, of roadways in the U.
GM's troubled robotaxi service faces another round of public ridicule in regulatoryhearing
Read full article: GM's troubled robotaxi service faces another round of public ridicule in regulatoryhearingGeneral Motors’ troubled robotaxi service Cruise has endured a public lashing from a California judge.
Formula One's invitation for in-person meeting with Andretti Cadillac went to a spam email folder
Read full article: Formula One's invitation for in-person meeting with Andretti Cadillac went to a spam email folderFormula One's invitation to Andretti Cadillac for an in-person meeting about its application to join the motorsports series wound up in an email span folder.
Major automakers may be using Chinese aluminum produced with Uyghur forced labor, rights group says
Read full article: Major automakers may be using Chinese aluminum produced with Uyghur forced labor, rights group saysA new report says automakers including Tesla, General Motors, Volkswagen and Toyota are failing to ensure they are not using forced labor as part of their China supply chains.
Formula One rejects Michael Andretti's bid to join series, will reconsider when GM has engine built
Read full article: Formula One rejects Michael Andretti's bid to join series, will reconsider when GM has engine builtFormula One has rejected Andretti Global’s application to join the global racing series in 2025 or 2026.
GM's Cruise robotaxi service targeted in Justice Department inquiry into San Francisco collision
Read full article: GM's Cruise robotaxi service targeted in Justice Department inquiry into San Francisco collisionGeneral Motors is facing a U.S. Justice Department investigation into a gruesome collision that critically injured a pedestrian and derailed its self-driving car ambitions.
More US auto buyers are turning to hybrids as sales of electric vehicles slow
Read full article: More US auto buyers are turning to hybrids as sales of electric vehicles slowAmerica’s automakers have staked their futures on the notion that electric vehicles will dominate sales in the coming years, spurred by buyers determined to reduce carbon emissions and save on fuel.
GM's Cruise robotaxi service faces fine in alleged cover-up of San Francisco accident's severity
Read full article: GM's Cruise robotaxi service faces fine in alleged cover-up of San Francisco accident's severityCalifornia regulators are alleging a San Francisco robotaxi service owned by General Motors covered up the severity of an accident involving one of its driverless cars, raising the specter they may add a fine to the recent suspension of its California license.
GM says it can handle rising labor costs as it announces huge share buyback and dividend increase
Read full article: GM says it can handle rising labor costs as it announces huge share buyback and dividend increaseClearly frustrated with its languishing share price, General Motors is announcing a massive stock buyback plan, raised its dividend and told investors it can absorb increased labor costs from a six-week autoworkers strike.
Ford and Stellantis workers join those at GM in approving contract settlement that ended UAW strikes
Read full article: Ford and Stellantis workers join those at GM in approving contract settlement that ended UAW strikesThe United Auto Workers union has overwhelmingly ratified a new contract with Ford and Stellantis, a pact that, along with similar deals with General Motors, will raise pay across the industry.
Union workers at Stellantis and Ford close to ratifying deals that would end lengthy labor disputes
Read full article: Union workers at Stellantis and Ford close to ratifying deals that would end lengthy labor disputesMembers of the United Auto Workers union were close to approving contract agreements with Stellantis and Ford on Friday with voting at both companies overwhelmingly in favor.
General Motors becomes 1st of Detroit automakers to seal deal with unionized workers
Read full article: General Motors becomes 1st of Detroit automakers to seal deal with unionized workersUnited Auto Workers union members have voted to approve a new contract with General Motors, making the company the first Detroit automaker to get a ratified deal that could end a contentious and lengthy labor dispute.
Vote on tentative contract with General Motors too close to call as more tallies are reported
Read full article: Vote on tentative contract with General Motors too close to call as more tallies are reportedVoting on the tentative contract agreement between General Motors and the United Auto Workers union appears to be too close to call as tallies at more factories were announced.
Andretti's F1 effort boosted by General Motors plan to supply engines starting in 2028
Read full article: Andretti's F1 effort boosted by General Motors plan to supply engines starting in 2028General Motors has registered with Formula One’s governing body to become an engine supplier starting in 2028 in what is seen as a huge boost to Michael Andretti’s bid to join the global motorsports series.
General Motors tells AP it is only interested in entering Formula One with Andretti Global
Read full article: General Motors tells AP it is only interested in entering Formula One with Andretti GlobalGeneral Motors will not break its partnership with Andretti Global to enter Formula One and is not interested in considering other teams to partner with to gain entry to the global motorsports series.
GM, Stellantis among group investing $33M in company that makes magnets without rare earth metals
Read full article: GM, Stellantis among group investing $33M in company that makes magnets without rare earth metalsThe venture capital arms of General Motors and Stellantis are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors without using expensive rare-earth metals.
New vehicles from Detroit's automakers are planned in contracts that ended UAW strikes
Read full article: New vehicles from Detroit's automakers are planned in contracts that ended UAW strikesStellantis plans to build a new midsize pickup truck, along with battery-run versions of six Jeep, Ram and Dodge vehicles.
Biden spent weeks of auto strike talks building ties to UAW leader that have yet to fully pay off
Read full article: Biden spent weeks of auto strike talks building ties to UAW leader that have yet to fully pay offPresident Joe Biden made a major commitment to cultivate a relationship with the new head of the United Auto Workers before the start of strikes at General Motors, Ford and Stellantis.
UAW reaches deal with General Motors that ends strikes against Detroit automakers pending votes
Read full article: UAW reaches deal with General Motors that ends strikes against Detroit automakers pending votesThe United Auto Workers union says it reached a tentative contract with General Motors, the last of the Detroit Three automakers to agree to a deal.
UAW escalates strike against lone holdout GM after landing tentative pacts with Stellantis and Ford
Read full article: UAW escalates strike against lone holdout GM after landing tentative pacts with Stellantis and FordThe United Auto Workers union has widened its strike against General Motors, the lone holdout among the three Detroit automakers, after reaching a tentative contract agreement with Jeep maker Stellantis.
UAW and Stellantis reach tentative contract deal as union adds strike at Tennessee GM factory
Read full article: UAW and Stellantis reach tentative contract deal as union adds strike at Tennessee GM factoryJeep maker Stellantis reached a tentative contract agreement with the United Auto Workers union on Saturday as it escalated strikes against General Motors by adding a plant in Tennessee.
General Motors and Stellantis in talks with United Auto Workers to reach deals that mirror Ford's
Read full article: General Motors and Stellantis in talks with United Auto Workers to reach deals that mirror Ford'sGeneral Motors and Jeep maker Stellantis are meeting with United Auto Workers bargainers to see if they can reach a contract agreement that mirrors a deal signed with crosstown rival Ford.
Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakers
Read full article: Autoworkers reach a deal with Ford, a breakthrough toward ending strikes against Detroit automakersThe United Auto Workers union says it has reached a tentative contract agreement with Ford that could be a breakthrough to end the nearly 6-week-old strikes against Detroit automakers.
California regulators suspend recently approved San Francisco robotaxi service for safety reasons
Read full article: California regulators suspend recently approved San Francisco robotaxi service for safety reasonsCalifornia regulators have revoked the license of a robotaxi service owned by General Motors after determining its driverless cars that recently began transporting passengers throughout San Francisco are a dangerous menace.
Autoworkers strike at Stellantis plant shutting down big profit center, 41,000 workers now picketing
Read full article: Autoworkers strike at Stellantis plant shutting down big profit center, 41,000 workers now picketingThe United Auto Workers union has once again escalated its strikes against Detroit Three automakers, this time adding a factory that makes Ram pickup trucks for Stellantis.
General Motors delays electric pickup truck production at plant near Detroit as US EV demand slows
Read full article: General Motors delays electric pickup truck production at plant near Detroit as US EV demand slowsGeneral Motors will delay electric pickup truck production at a factory near Detroit due to slowing U.S. demand for electric vehicles, to better manage its capital investments, and to make some engineering changes.
US regulators investigate GM's Cruise division over incidents involving pedestrians in roadways
Read full article: US regulators investigate GM's Cruise division over incidents involving pedestrians in roadwaysThe National Highway Traffic Safety Administration is investigating General Motors’ Cruise autonomous vehicle division after receiving reports of incidents where vehicles may not have used proper caution around pedestrians in roadways.
Canadian auto workers, GM reach tentative contract agreement, ending strike that began at midnight
Read full article: Canadian auto workers, GM reach tentative contract agreement, ending strike that began at midnightGeneral Motors and the union representing Canadian auto workers have reached a tentative contract agreement, ending a strike that began just after midnight.
The future of electric vehicles looms over negotiations in the US autoworkers strike
Read full article: The future of electric vehicles looms over negotiations in the US autoworkers strikeElectric vehicles and their potential impact on job security have become central to negotiations in the U.S. autoworkers strike.
Auto workers stop expanding strikes against Detroit Three after GM makes battery plant concession
Read full article: Auto workers stop expanding strikes against Detroit Three after GM makes battery plant concessionThe United Auto Workers union says it will not expand its strikes against Detroit’s three automakers after General Motors made a breakthrough concession on unionizing electric vehicle battery plants.
United Auto Workers strikes spread as 7,000 more workers at two plants join the picket line
Read full article: United Auto Workers strikes spread as 7,000 more workers at two plants join the picket lineThe United Auto Workers union expanded its strikes against Detroit automakers, ordering 7,000 more workers to walk off the job in Illinois and Michigan.
Auto workers still have room to expand their strike against car makers. But they also face risks
Read full article: Auto workers still have room to expand their strike against car makers. But they also face risksEven after escalating its strike against Detroit automakers, the United Auto Workers union still has plenty of leverage in its effort to force the companies to agree to significant increases in pay and benefits.
The UAW strike is growing, again. What to know as 7,000 more auto workers join the union’s walkouts
Read full article: The UAW strike is growing, again. What to know as 7,000 more auto workers join the union’s walkoutsThe United Auto Workers strike against Detroit automakers has spread to dozens of facilites nationwide.
Auto workers expand their strike to 38 locations in 20 states. Biden plans visit to show support
Read full article: Auto workers expand their strike to 38 locations in 20 states. Biden plans visit to show supportAuto workers have expanded their strike against major carmakers, walking out of 38 General Motors and Stellantis parts-distribution centers in 20 states.
Jeep maker Stellantis makes a new contract offer as auto workers prepare to expand their strike
Read full article: Jeep maker Stellantis makes a new contract offer as auto workers prepare to expand their strikeDetroit carmakers are announcing more layoffs that they blame on fallout from the United Auto Workers strike.
United Auto Workers threaten to expand targeted strike if there is no substantive progress by Friday
Read full article: United Auto Workers threaten to expand targeted strike if there is no substantive progress by FridayThe United Auto Workers union is preparing to expand its strike against Detroit’s Big Three unless it sees progress in contract negotiations.
What's at stake as 13,000 workers go on strike at major US auto makers
Read full article: What's at stake as 13,000 workers go on strike at major US auto makersAbout 13,000 auto workers have walked off the job at three targeted factories after their union leaders couldn’t reach a deal with Detroit’s automakers.
UAW chief says offers from Detroit companies are inadequate, says union is ready to go on strike
Read full article: UAW chief says offers from Detroit companies are inadequate, says union is ready to go on strikeWith just over 24 hours left before a strike deadline, United Auto Workers President Shawn Fain says offers from Detroit automakers aren’t enough and the union is getting ready to strike.
UAW poised for midnight strike at plants in Wayne, Michigan, Toledo, Ohio, and Wentzville, Missouri
Read full article: UAW poised for midnight strike at plants in Wayne, Michigan, Toledo, Ohio, and Wentzville, MissouriThe United Auto Workers union says it will go on strike at three factories as it presses Detroit companies to come up with better wage and benefit offers.
Why the United Auto Workers union is poised to strike major US car makers this week
Read full article: Why the United Auto Workers union is poised to strike major US car makers this weekAbout 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble.
Auto union rejects wage offers from Detroit companies with strike deadline 6 days away
Read full article: Auto union rejects wage offers from Detroit companies with strike deadline 6 days awayThe United Auto Workers union has rejected wage and benefit offers from all three Detroit automakers, raising tensions just six days before a strike deadline for 146,000 employees.
With strike looming, General Motors makes wage offer, which auto union leader calls 'insulting'
Read full article: With strike looming, General Motors makes wage offer, which auto union leader calls 'insulting'General Motors made its first wage-and-benefit offer to the United Auto Workers that falls far short of the union’s initial demands.
Workers win raises at General Motors joint venture battery plant in Ohio as contract talks continue
Read full article: Workers win raises at General Motors joint venture battery plant in Ohio as contract talks continueUnionized workers at a General Motors joint-venture electric vehicle battery plant in Ohio will see pay raises while they continue to negotiate a contract.
With contracts set to expire Sept. 14, auto union chief says talks with Detroit 3 aren't going well
Read full article: With contracts set to expire Sept. 14, auto union chief says talks with Detroit 3 aren't going wellWith about three weeks until contracts expire with Detroit’s three automakers, the head of the United Auto Workers union says bargaining isn’t going well.
GM's Cruise autonomous vehicle unit agrees to cut fleet in half after 2 crashes in San Francisco
Read full article: GM's Cruise autonomous vehicle unit agrees to cut fleet in half after 2 crashes in San FranciscoGeneral Motors’ Cruise autonomous vehicle unit has agreed to cut its fleet of San Francisco robotaxis in half as authorities investigate two recent crashes in the city.
FIA wonders how it can deny General Motors a spot on Formula One grid, president tells AP
Read full article: FIA wonders how it can deny General Motors a spot on Formula One grid, president tells APThe president of the FIA is telling The Associated Press the motorsports governing body has received more than five applications for expansion into Formula One.
Stellantis is signing up EV charging companies to assemble its own network, won't comment on Tesla
Read full article: Stellantis is signing up EV charging companies to assemble its own network, won't comment on TeslaStellantis says it is pulling together a network of public electric vehicle chargers that could include Tesla and nearly all of the other chargers in the U.S., Canada and Europe.
GM, Samsung SDI teaming to build more than $3B EV battery cell plant in Indiana
Read full article: GM, Samsung SDI teaming to build more than $3B EV battery cell plant in IndianaGeneral Motors and Samsung SDI are teaming up to create a more than $3 billion electric vehicle battery cell plant in Indiana.
Electric vehicles can’t travel far when hauling heavy cargo, new AAA study shows
Read full article: Electric vehicles can’t travel far when hauling heavy cargo, new AAA study showsA new study from the AAA Automotive Engineering research team finds that electric vehicles lose a significant amount of range when loaded with heavy cargo.
With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers
Read full article: With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumersStarting next year, owners of electric vehicles made by General Motors and Ford will be able to charge their EVs at many of Tesla’s charging stations, the largest such network in the country.
GM to invest $500 million at plant that makes large SUVs in Arlington, Texas
Read full article: GM to invest $500 million at plant that makes large SUVs in Arlington, TexasGeneral Motors says it will sink more than $500 million into its Arlington, Texas, assembly plant to get ready for the next generation of big SUVs with internal-combustion engines.
Going green: Nel Hydrogen to build in Michigan, work with GM
Read full article: Going green: Nel Hydrogen to build in Michigan, work with GMThe green hydrogen company Nel announced plans Wednesday to build a massive new plant in Michigan as it works with General Motors to drive down the cost of hydrogen.
Tesla hikes price of Model Y after US alters tax credit rule
Read full article: Tesla hikes price of Model Y after US alters tax credit ruleTesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits.
GM to sink over $900M into 4 plants, Flint to get new engine
Read full article: GM to sink over $900M into 4 plants, Flint to get new engineGeneral Motors says it will spend more than $900 million to update four factories, with the bulk going to an engine plant in Flint, Michigan, to build the next-generation V8 for big pickup trucks and SUVs.
Andretti partners with General Motors for Cadillac F1 bid
Read full article: Andretti partners with General Motors for Cadillac F1 bidGeneral Motors will attempt to enter Formula One by partnering with Andretti Global under its Cadillac banner as it supports Michael Andretti’s bid to launch a two-car American team.
GM joint venture gets $2.5B loan to build battery plants
Read full article: GM joint venture gets $2.5B loan to build battery plantsA joint venture between General Motors and South Korean battery company LG Energy Solution has closed on a $2.5 billion federal loan to help finance three lithium-ion battery cell plants in Ohio, Tennessee, and Michigan.
Reformers take 6 of 14 UAW board seats, could win majority
Read full article: Reformers take 6 of 14 UAW board seats, could win majorityReform-minded candidates won several races as members of the United Auto Workers union voted on their leaders in an election stemming from a bribery and embezzlement scandal involving former union officials.
Parts shortage forces Ford to cut its 3Q earnings forecast
Read full article: Parts shortage forces Ford to cut its 3Q earnings forecastA parts shortage that has thousands of Ford’s most-profitable vehicles sitting on lots waiting to be fully assembled has forced the automaker to slash its third-quarter earnings forecast.
A less-glitzy Detroit auto show returns after 3-year absence
Read full article: A less-glitzy Detroit auto show returns after 3-year absenceWhen it came time to showcase its electric Chevrolet Equinox SUV to the public this year, General Motors decided against doing so at the big Detroit auto show, as it typically would have done in the past.
Senate deal should make it easier to buy electric vehicles
Read full article: Senate deal should make it easier to buy electric vehiclesThe surprise deal by Senate Democrats on a pared-down bill to support families, boost infrastructure and fight climate change is likely to jump-start sales of electric vehicles.
Energy Dept. backs $2.5B loan to GM venture for EV batteries
Read full article: Energy Dept. backs $2.5B loan to GM venture for EV batteriesA joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.
Hobbled by chip, other shortages, GM profit slides 40% in Q2
Read full article: Hobbled by chip, other shortages, GM profit slides 40% in Q2General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and caused the company’s U.S. sales to fall more than 15%.