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.
November 29, 2018General Motors
Government, Business, Technology, Logistics, Autonomous
GM's assembly plant in Lordstown, Ohio, is set to close in 2019. (General Motors)
Trucking Braces for Fallout From GM Plant Closings
GM's assembly plant in Lordstown, Ohio, is set to close in 2019. (General Motors)
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.
November 29, 2018
Government, Business, TCA
Anthony Lanzilote/Bloomberg News
Trump Threatens Punishment After GM Announces Layoffs, Plant Closures
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.
November 28, 2018
Business
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)
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.
March 1, 2018
Business, Autonomous
Daimler Trucks
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.
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.
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.
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
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.
May 17, 2010Follow Us
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