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Monday, January 18, 2021

General Motors

GENERAL MOTORS NEWS

CES 2021 Day 2 recap: GM shows a flying car, Razer unveils a high-tech N95 mask and more

January 13, 2021 10:26 am

A concept flying car, a high-tech N95 mask, new processors for laptops, and the world's first laptop with a 360Hz refresh rate were shown on the second day of CES 2021.

General Motors recalling nearly 69,000 Bolt electric cars due to fire risk

November 14, 2020 12:33 pm

The recall covers Bolts from the 2017 through 2019 model years, including nearly 51,000 in the U.S.

GM hires new chief financial officer from Delta Airlines

October 31, 2020 2:29 pm

The Detroit-based company said on Friday that Paul Jacobson will start the new position on December 1.

Explained: Why an all-electric version of the Hummer is a game-changer

October 22, 2020 7:22 am

The iconic tank-like supertruck is back, without its biggest handicap – the giant, gas-guzzling engine. If GM's gamble pays off, it could be the most resounding endorsement yet of a decisive shift to electric from fossil fuels.

General Motors wants judge removed in legal fight with Fiat Chrysler

June 27, 2020 3:48 pm

US District Judge Paul Borman, who described the lawsuit as a "nuclear option" that would be a "waste of time and resources" for years if he allows the case to move forward ordered GM CEO Mary Barra and Fiat Chrysler CEO Mike Manley to sit down without lawyers by July 1 and reach a "sensible resolution of this huge legal distraction."

Chain S Sandhu: Boy from Punjab who lived the American dream

June 13, 2020 12:05 pm

From starting out as a Staff Development Engineer at General Motors to acquiring NYX and making it one of the fastest growing companies in the state of Michigan, Chain received dozens of awards from the Asian, Asian-Indian, and Punjabi community for his vision, leadership, and philanthropy.

Tesla's market value zooms past that of GM and Ford - combined

January 09, 2020 11:21 am

Tesla Inc's stock jumped nearly 5 per cent on Wednesday, closing at a record $492.14 per share and elevating its market capitalization to almost $89 billion, or $2 billion larger than the sum of General Motors' and Ford's respective market caps of $50 billion and $37 billion.

General Motors strike affects about 1,50,000 auto industry workers, says consulting firm

October 09, 2019 8:12 am

About 75,000 employees of auto parts suppliers have either been temporarily laid off or have seen their wages shrink due to the slump in demand from GM, according to the AEG report.

Amazon, GM in talks to invest in electric pickup maker Rivian: sources

February 13, 2019 11:45 am

The deal would give Amazon and General Motors minority stakes in Rivian, the sources said. It would be a major boost for the Plymouth, Michigan-based startup, which aspires to be the first car maker to the US market with an electric pickup.

General Motors CEO will keep 'open mind' on plant closings, acknowledges anger

December 06, 2018 8:02 am

GM said last week it would close five North American assembly plants next year and cut up to 15,000 jobs as it blames slow selling car sales for the need to restructure.