Government, Business, Equipment, Logistics

News of GM Plant Sale Leaves Union Unhappy

GM GM Lordstown plant in Ohio. (Maddie McGarvey/Bloomberg News)

The president of United Auto Workers Local 1112 in Lordstown — whom Trump attacked on Twitter two months ago — is among a handful of workers whose job is to do maintenance at the inactive compact car factory that made its last Chevrolet Cruze in March. He was left in the dark about GM’s talks to sell the factory.

David Welch | Bloomberg News
May 9, 2019
Business, Technology, Autonomous

GM Self-Driving Unit’s Valuation Swells to $19 Billion

GM An electric, self-driving General Motors Cruise. (David Paul Morris/Bloomberg News)

General Motors Co.’s self-driving unit drew $1.15 billion in fresh investment, with T. Rowe Price Associates Inc. joining existing backers, including Honda Motor Co. and SoftBank Vision Fund.

David Welch | Bloomberg News
May 7, 2019
Business, Technology

GM Beats Profit Estimates With a Raise From Lyft

Lyft Kyle Grillot/Bloomberg News

General Motors Co. needed a little help from ride-hailing company Lyft Inc. to beat analysts for first-quarter profit as cost cuts only partially made up for lower sales.

David Welch | Bloomberg News
April 30, 2019
Business, Technology

GM Talks With Amazon-Backed Electric Truck Maker Said to Collapse

Truck Model of the Rivian pickup at the LA Auto Show. (Patrick T. Fallon/Bloomberg News)

Talks between General Motors Co. and electric-vehicle startup Rivian Automotive Inc. about the largest U.S. carmaker buying an equity stake have reached an impasse and may be dead, sources familiar with the matter said.

David Welch | Bloomberg News
April 12, 2019
Business, Technology, Logistics

Ford Boosts Output of Big SUVs for Second Time in Two Years

Ford Ford plant in Louisville, Ky. (Luke Sharrett/Bloomberg News)

Ford Motor Co. is boosting production of its biggest, highly lucrative sport utility vehicles for the second time in two years at a U.S. factory already bursting at the seams.

Keith Naughton | Bloomberg News
March 19, 2019
Government, Business, Technology, Logistics

Trump Calls on GM to ‘Bring Jobs Home’ After Ohio Plant Closing

GM Lordstown, Ohio GM plant that is slated to close. (Allison Farrand/Bloomberg News)

President Donald Trump said he wants an immediate start to talks between General Motors Co. and the United Auto Workers, extending to a third day his calls for the carmaker and union to reopen an Ohio factory.

Mark Niquette and Ben Brody | Bloomberg News
March 18, 2019
Business, Equipment, Logistics

GM’s Cruze-Producing Ohio Plant Goes Idle

GM Allison Farrand/Bloomberg News

A sprawling General Motors assembly plant near Youngstown, Ohio, will be idled March 6 after more than 50 years producing cars and other vehicles, a move that will eliminate nearly 1,700 hourly positions by month’s end.

Mark Gillispie and Tom Krisher | Associated Press
March 6, 2019
Government, Business

GM Grants Reprieve to One of the Plants It’s Closing Until January 2020

GM Anthony Lanzilote/Bloomberg News

General Motors Co. is extending production at one of the U.S. car factories slated to shutter this year.

David Welch | Bloomberg News
February 25, 2019
Business, Logistics

Union Sues GM, Says Laid-off Workers Should Replace Temps

GM Jeff Kowalsky/Bloomberg News

DETROIT — The United Auto Workers union is accusing General Motors of violating a national contract by using temporary workers instead of employing full-timers who were laid off from its factories.

Associated Press
January 3, 2019
Business, Technology, Logistics, Autonomous

GM to Lay Off Nearly 15,000 Workers

GMC logo Patrick T. Fallon/Bloomberg News

DETROIT — General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.

Tom Krisher and Rob Gillies | Associated Press
November 26, 2018