Tag: General Motors Co

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How the once-promising EV maker went bottom-up

How the once-promising EV maker went bottom-up

Henrik Fisker stands with the Fisker Ocean electric vehicle after its unveiling at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and Aut [...]
Detroit automakers need to exit China, BofA analyst says

Detroit automakers need to exit China, BofA analyst says

Employees on the assembly line produce cars in Mazda's "Family" line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd [...]
Robotics startup cofounded by Synapse CEO raises funds with exaggerated GM claims

Robotics startup cofounded by Synapse CEO raises funds with exaggerated GM claims

3alexd | E+ | Getty ImagesA humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for [...]
Cost cuts, China come into focus

Cost cuts, China come into focus

Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022.Massimo Pinca | ReutersDETROIT – Sinc [...]
GM trims 2024 EV forecast amid slower-than-expected demand

GM trims 2024 EV forecast amid slower-than-expected demand

GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.Michael Wayland / CNBCDETROIT – General Motors is [...]
GM board approves new $6 billion share buyback authorization

GM board approves new $6 billion share buyback authorization

General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT – General Motors on Tuesday announced a new $ [...]
GM EVs at Costco Auto help drive electric vehicle sales

GM EVs at Costco Auto help drive electric vehicle sales

Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023.Kena Betancur | Corbis News | Getty ImagesDETROIT — General Motors has a not-so- [...]
Ford restores Detroit train station for $950 million campus

Ford restores Detroit train station for $950 million campus

Ford Motor is turning an abandoned train station used for decades as an infamous symbol of Detroit's downfall and blight into a new technology campus [...]
Cadillac Optiq EV to start at $54,000

Cadillac Optiq EV to start at $54,000

2025 Cadillac OptiqCadillacDETROIT – General Motors' new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wedn [...]
GM CEO Mary Barra has no plans to retire

GM CEO Mary Barra has no plans to retire

General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the au [...]
Rollback in IRA’s EV credits would benefit China, says GM board member

Rollback in IRA’s EV credits would benefit China, says GM board member

Any significant reduction or a rollback of the Inflation Reduction Act's support for electric vehicles would benefit China, according to General Motor [...]
GM Chevy Equinox EV goes on sale

GM Chevy Equinox EV goes on sale

GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle on May 16, 2024 in Detroit.Michael Wayland / CNBCDETROIT — The Chevrolet Eq [...]
Mercedes-Benz workers in Alabama vote against union

Mercedes-Benz workers in Alabama vote against union

United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. [...]
Biden’s tariffs on Chinese EVs may not deter growing threat

Biden’s tariffs on Chinese EVs may not deter growing threat

U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White Hous [...]
Ford names ex-Lucid Motors exec as next CFO, promotes current chief

Ford names ex-Lucid Motors exec as next CFO, promotes current chief

Ford's Chief Financial Officer John Lawler and Linda Zhang, chief engineer for the company's All Electric F-150 Lightning, participate in the opening [...]
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