General Motors

Government, Business, Logistics

UAW Says GM Dismissed Concessions Before Idling Cruze Plant in Ohio

GM Shuttered General Motors plant in Lordstown, Ohio. (Maddie McGarvey/Bloomberg News)

Three weeks after employees at the Lordstown General Motors Co. compact car plant assembled their last Chevrolet Cruze, employees are filing into the United Auto Workers Local 1112 hall to sign up for unemployment benefits and try to figure out if they should take a transfer to another GM plant or wait it out.

David Welch | Bloomberg News
March 29, 2019
Government, Business, Technology, TCA

GM to Invest $300 Million, Create 400 Jobs at Michigan Plant

GM General Motors headquarters building (Michigan Municipal League)

General Motors Co. will invest $300 million in its Orion Township. Mich., assembly plant, a move that will create 400 jobs in suburban Detroit.

Brandon Champion |
March 22, 2019
Business, Logistics, TCA

GM Plans Electric Investment in Michigan Plant

GM Jeff Kowalsky/Bloomberg News

General Motors Co. will throw a bone to President Donald Trump on March 22 by announcing an investment in its electric-car plant north of Detroit after enduring days of intense criticism for idling an Ohio factory.

David Welch | Bloomberg News
March 21, 2019
Government, Business, Logistics

Trump Suggests GM Should Sell Idled Ohio Auto Plant

GM General Motors shuttered the Lordstown, Ohio plant that was producing the Chevy Cruze. (Allison Farrand/Bloomberg News)

President Donald Trump said March 20 that General Motors Co. should sell an idled plant in Lordstown, Ohio, or restart production. The company said it’s received inquiries about factory.

Margaret Talev | Bloomberg News
March 21, 2019
Business, Technology, Autonomous, TCA

Detroit at Center of Autonomous Tech Universe, Navigant Report Shows

Waymo A Waymo, customized Chrysler Pacifica Hybrid, used for Google's autonomous vehicle program near the company's headquarters in Mountain View, Calif. (Getty Images)

A new study by Navigant Research rates three companies as leaders in the race to develop and make money on self-driving, autonomous cars and trucks.

Mark Phelan | Detroit Free Press
March 14, 2019
Business, Technology, Autonomous

GM Cruise Falls Short of Self-Driving Test Miles Projection

GM David Paul Morris/Bloomberg News

In late 2017, the co-founder of General Motors Co.’s self-driving unit told investors the company was on the verge of putting 1 million miles a month on its autonomous test cars. That projection proved to be quite a stretch.

David Welch | Bloomberg News
February 14, 2019
Business, Technology, Equipment

Spotlight Shines on Pickup Trucks as Electric Vehicle Race Expands

Pickup A Rivian Automotive R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News)

Plug-in pickup trucks look to be the next frontier in the budding electric vehicle industry as startup Rivian Automotive is said to be in talks with General Motors Co. and

Esha Dey | Bloomberg News
February 13, 2019

GM 4Q Earnings Easily Beat Analysts’ Estimates

GM Michigan Municipal League

General Motors Co. reported fourth-quarter earnings that blew away estimates and reiterated the upbeat profit forecast for 2019 it gave last month. The shares rose in U.S. early trading.

David Welch and Melinda Grenier | Bloomberg News
February 6, 2019
Business, Technology

GM’s Diesel Pickups Pave Way to Electric Future

GM The General Motors Co. GMC 2020 Next Generation Sierra Denali heavy duty truck. (Sandy Huffaker/Bloomberg News)

The vehicles that will secure the next decade for General Motors Co. aren’t covered in self-driving sensors or loaded with batteries. No, the future depends on hulking pickup trucks that often run on diesel and cost more than the average BMW.

David Welch | Bloomberg News
February 5, 2019
Business, Technology, Fuel

Tesla Loses Most Valuable Carmaker Crown as GM Catches Up

Tesla cars and SUVs in a production line A line of new Tesla Model X SUVs (center) sit with Tesla Model S cars following assembly for the European market at the Tesla factory in Tilburg, Netherlands. (Jasper Juinen/Bloomberg)

If the outlooks from the two auto companies are anything to go by, GM looks set to be winning the race for the year.

Esha Dey | Bloomberg News
January 18, 2019