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Page 4 - General Motors

GM warns Maharashtra's move to block its exit could hit investment

GM said it planned to seek a reversal of the state's order as soon as possible

GM warns Maharashtra's move to block its exit could hit investment
Updated On : 23 Jan 2021 | 3:26 PM IST

GM teams up with Microsoft to accelerate rollout of self-driving cars

Microsoft's Azure cloud and edge computing platform would be used to "commercialise its unique autonomous vehicle solutions at scale."

GM teams up with Microsoft to accelerate rollout of self-driving cars
Updated On : 19 Jan 2021 | 9:52 PM IST

Look, up in the sky - it's a flying Cadillac! GM unveils futuristic vehicle

DETROIT (Reuters) - General Motors Co on Tuesday presented a futuristic flying Cadillac - a self-driving vehicle which takes off and lands vertically and carries the passenger above the streets and through the air.

Look, up in the sky - it's a flying Cadillac! GM unveils futuristic vehicle
Updated On : 13 Jan 2021 | 1:38 AM IST

General Motors recalls 840K vehicles for seat belt, suspension problems

General Motors is recalling nearly 840,000 vehicles in the US for suspension problems or because the front seat belts can fail.

General Motors recalls 840K vehicles for seat belt, suspension problems
Updated On : 23 Dec 2020 | 7:42 PM IST

GM, Nikola announce reworked agreement; Nikola shares tumble 24%

The new agreement, a non-binding memorandum of understanding that doesn't expire until the end of 2021, is subject to negotiation and a definitive deal, Nikola and GM said in separate statements.

GM, Nikola announce reworked agreement; Nikola shares tumble 24%
Updated On : 30 Nov 2020 | 10:32 PM IST

Ola ropes in GM veteran Jose Pinheiro to head global e-mobility operations

Pinheiro will spearhead Ola's plan to build world-class manufacturing facilities starting with the world's largest scooter factory, and then expanding to multiple such units in India

Ola ropes in GM veteran Jose Pinheiro to head global e-mobility operations
Updated On : 30 Nov 2020 | 8:35 PM IST

General Motors must recall 5.9 million vehicles for air bag issue: agency

The National Highway Traffic Safety Administration said GM must recall the 2007-2014 trucks and SUVs

General Motors must recall 5.9 million vehicles for air bag issue: agency
Updated On : 23 Nov 2020 | 8:38 PM IST

General Motors recalling nearly 69,000 Bolt EVs worldwide for fire risks

GM said the vehicles pose a fire risk when charged to full, or nearly full capacity.

General Motors recalling nearly 69,000 Bolt EVs worldwide for fire risks
Updated On : 14 Nov 2020 | 7:10 AM IST

GM recalling nearly 69,000 Bolt electric cars worldwide due to fire risk

General Motors is recalling nearly 69,000 Chevrolet Bolt electric cars worldwide because the batteries have caught fire in five of them.

GM recalling nearly 69,000 Bolt electric cars worldwide due to fire risk
Updated On : 14 Nov 2020 | 1:02 AM IST

Demand for trucks powers General Motors' better-than-expected profit in Q3

The automaker said adjusted earnings per share came to $2.83 in the quarter, beating an analyst consensus estimate for $1.45 a share

Demand for trucks powers General Motors' better-than-expected profit in Q3
Updated On : 06 Nov 2020 | 1:04 AM IST

GM plans $2 billion investment to build electric vehicles in Tennessee

Spring Hill will be GM's third US electric vehicle factory, along with existing plants in Detroit and Orion Township, Michigan

GM plans $2 billion investment to build electric vehicles in Tennessee
Updated On : 20 Oct 2020 | 9:06 PM IST

Harley fails, Hyundai triumphs: India's auto market is unlike any other

The problems: taxation system favours smaller cars, expat CEOs don't always understand business landscape

Harley fails, Hyundai triumphs: India's auto market is unlike any other
Updated On : 07 Oct 2020 | 8:26 AM IST

GM will repay $28 million to Ohio in tax incentives after closing plant

WASHINGTON (Reuters) - General Motors Co will repay $28 million in state tax incentives to Ohio after the largest U.S. automaker came under heavy criticism for closing its Lordstown Assembly plant in March 2019.

GM will repay $28 million to Ohio in tax incentives after closing plant
Updated On : 29 Sep 2020 | 12:47 AM IST

GM faces unexpected bills as India-China tensions delay sale of India plant

GM stopped selling in the world's second most populous nation at the end of 2017 after years of low sales but the factory continues to build vehicles for export

GM faces unexpected bills as India-China tensions delay sale of India plant
Updated On : 17 Sep 2020 | 10:50 PM IST
Updated On : 15 Sep 2020 | 9:59 PM IST

GM encouraged by global recovery, will prefer long-term strategy: CEO

GM also is not looking for "a short-term pop" as it relates to its corporate structure, CEO Barra added, when asked about a possible spinoff of the automaker's electric vehicle assets

GM encouraged by global recovery, will prefer long-term strategy: CEO
Updated On : 15 Sep 2020 | 10:10 AM IST

Tesla loses more than combined GM, Ford m-cap after S&P 500 index exclusion

(Reuters) - Tesla Inc shed about $80 billion of its market value on Tuesday, an amount that overshadows the combined value of General Motors Co and Ford Motor Co , after its surprise exclusion from the S&P 500 index.

Tesla loses more than combined GM, Ford m-cap after S&P 500 index exclusion
Updated On : 09 Sep 2020 | 8:15 AM IST

Tesla skids 20% after S&P 500 snub, GM's $2-billion move on Nikola

Tesla shares fell as much as 20 per cent in intra-day trade on Tuesday, the biggest one-day loss since early February

Tesla skids 20% after S&P 500 snub, GM's $2-billion move on Nikola
Updated On : 09 Sep 2020 | 1:20 AM IST

GM CEO Mary Barra moves to remake US automaker for an all-EV future

Barra on Tuesday called the Nikola deal a "strong validation" of GM's strategy

GM CEO Mary Barra moves to remake US automaker for an all-EV future
Updated On : 08 Sep 2020 | 11:59 PM IST

General Motors posts smaller-than-expected Covid-19 hit in second quarter

GM did not provide a earnings forecast for the year, but said it ended the second quarter with $30.6 billion in cash

General Motors posts smaller-than-expected Covid-19 hit in second quarter
Updated On : 29 Jul 2020 | 6:58 PM IST