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, 2018GovernmentBusinessTechnologyAutonomousEditorial
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, 2018Business
Detroit Pickup Truck Sales Drop as US Auto Demand Poised to Slow
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, 2018Business
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, 2010Business
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, 2010Business
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, 2010Business
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, 2010