General Motors

Government, Business, Technology, Logistics, Autonomous

Trucking Braces for Fallout From GM Plant Closings

GM Lordstown, Ohio, plant GM's assembly plant in Lordstown, Ohio, is set to close in 2019. (General Motors)

The decision by General Motors to cease production at five of its factories in the United States and Canada will have consequences for trucking companies that serve those plants.

Daniel P. Bearth | Staff Writer
November 29, 2018
Government, Business, Technology, Autonomous, Editorial

Editorial: Trouble on the Homefront for GM

The Nov. 26 announcement from General Motors Co. that it plans to shut down five factories and lay off thousands of workers sent shock waves through the government and business communities, and with good reason.

Transport Topics
November 29, 2018
Government, Business, TCA

Trump Threatens Punishment After GM Announces Layoffs, Plant Closures

GM Sign Anthony Lanzilote/Bloomberg News

WASHINGTON – President Donald Trump threatened Nov. 27 to end consumer subsidies for electric cars sold by General Motors in the wake of the company’s announcement of layoffs and plant closures in Michigan, Ohio and Maryland.

Todd Spangler | Detroit Free Press
November 28, 2018
Business

Detroit Pickup Truck Sales Drop as US Auto Demand Poised to Slow

Fiat Chrysler Automobiles NV Jeep Wrangler vehicles are unveiled during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, Calif. Nov. 29, 2017. (Patrick T. Fallon/Bloomberg News)

General Motors Co. and Fiat Chrysler Automobiles NV reported hefty sales declines for the big trucks they’re overhauling this year, a troubling sign for a lucrative segment that’s held up well as the broader U.S. auto market shrinks.

Jamie Butters | Bloomberg News
March 1, 2018
Business, Autonomous

Driverless Vehicles May Cut US Auto Sales by 40%, Analyst Says

Daimler Trucks

U.S. auto sales may drop about 40% in the next 25 years because of shared driverless cars, forcing mass-market producers such as General Motors Co. and Ford Motor Co. to slash output, a Barclays analyst said.

Bloomberg News
May 20, 2015
Business

GM Reports $2.1 Billion Third-Quarter Profit

General Motors Co. Wednesday reported a $2.1 billion third-quarter profit, as it prepares for a new initial public offering as soon as next week, Bloomberg reported.

Transport Topics
November 10, 2010
Business

GM Reports $1.3 Billion Second-Quarter Profit

General Motors Co. said Thursday it posted a $1.3 billion second-quarter profit, as it prepares to sell its stock to the public, the Associated Press reported.

Transport Topics
August 12, 2010
Business

Auto Sales Rise in May

General Motors Co. and Ford Motor Co. posted sales increases in May as customers bought more sport utility vehicles, Bloomberg reported Wednesday

Transport Topics
June 2, 2010
Business

GM Sees First Profit Since 2007

General Motors Co. said Monday it earned $865 million in the first quarter, its first quarterly profit since 2007.

Transport Topics
May 17, 2010