Tag: Paul Jacobson
General Motors’ China business runs into problems
A worker checks the quality of a vehicle before rolling off the assembly line at the production workshop of SAIC General Motors Wuling in Qingdao, Eas [...]
General Motors cuts 500 salaried employees
Mary Barra, CEO, GM at the NYSE, November 17, 2022.Source: NYSEDETROIT – General Motors is cutting hundreds of salaried positions as it follows other [...]
Barra expects EV profit to be comparable to gas vehicles by 2025
Mary Barra, CEO, GM at the NYSE, November 17, 2022.Source: NYSEGeneral Motors expects its new electric vehicle profits to be in-line with cars and tru [...]
GM to reinstate quarterly dividend, ups share buybacks to $5 billion
Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on Ma [...]
What investors should know before Tuesday’s fourth-quarter earnings
General Motors CEO Mary Barra speaks at the General Motors Factory ZERO electric vehicle assembly plant on November 17, 2021 in Detroit, Michigan.Nic [...]
Why Ford’s stock is surging while GM shares are flat after Q3 earnings
The General Motors world headquarters office is seen at Detroit's Renaissance Center.Paul Hennessy | LightRocket | Getty ImagesDETROIT – Both Ford [...]
Here’s how GM is laying out its plans for the future
GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan.Photo by Steve Fecht for General MotorsDETRO [...]
GM works to ensure its new Hummer EV avoids battery defects
A 2019 Chevrolet Bolt EV caught fire at a home in Cherokee County, Georgia on Sept. 13, 2021, according to the local fire department.Cherokee Count [...]
GM increases impact of chip shortage to 200,000 vehicles in 2nd half
General Motors Co. Chevrolet Traverse sports utility vehicles (SUV) sit on the assembly line at the company's Lansing Delta Township Assembly Plant [...]
GM misses Wall Avenue Q2 earnings expectations, raises 2021 steerage
Common Motors on Wednesday missed Wall Avenue's earnings expectations for the second quarter regardless of a document working revenue. It additiona [...]
GM ups spending on EVs and autonomous automobiles to $35 billion by 2025
DETROIT — Normal Motors mentioned Wednesday it's going to improve spending on electrical and autonomous automobiles to $35 billion by means of 2025 [...]
GM expects inflation, semiconductor scarcity so as to add $three billion in further prices in second half
Model new Chevrolet automobiles are displayed on the gross sales lot at Stewart Chevrolet on Might 14, 2021 in Colma, California.Justin Sullivan | [...]
Basic Motors (GM) earnings Q1 2021
Basic Motors staff work on the meeting line on the Fairfax Meeting & Stamping Plant in Kansas Metropolis, Kansas.Jim Barcus for Basic MotorsDET [...]
GM CFO ‘more and more assured’ firm will hit 2021 earnings targets
Normal Motors staff work on the meeting line on the Fairfax Meeting & Stamping Plant in Kansas Metropolis, Kansas.Jim Barcus for Normal MotorsN [...]
Chip scarcity has Detroit automakers struggling to keep up truck manufacturing and meet orders
An worker works on a Ford Motor Co. Tremendous Obligation Truck engine on the Ford Kentucky Truck Plant in Louisville, Kentucky, Sept. 30, 2016.Luk [...]