Page 5 - General Motors

Tesla, Wall Street's most controversial stock, on verge of joining S&P 500

With a market capitalization of about $250 billion, Tesla would be among the most valuable companies ever added to the S&P 500, larger than 95% of the index's existing components

Federal judge throws out GM's racketeering lawsuit against Fiat Chrysler

GM filed racketeering lawsuit against FCA last November, alleging its rival bribed United Auto Workers union officials over many years.

China's Great Wall Motor commits Rs 7,600 crore investment in India

The company has committed an investment of $1 billion (about Rs 7,600 crore) in India in a phased manner with an estimated employment for over 3,000 people

IT firms to face heat as global enterprises put digital projects on hold

Digital initiatives of several global enterprises have been cancelled or postponed in the last couple of months as the Covid-19 crisis has prompted firms to halt non-revenue generating ventures

Bond market signals rocky road ahead for Tata Motors, Jaguar Land Rover

JLR bonds trading at record yield of 13.2%, more than double since the pandemic broke out

Ola Electric to launch global electric two-wheeler; buys dutch scooter firm

Deal will bolster Ola Electric's engineering and design capabilities with Etergo's extensive vehicle development experience with leading auto firms Tesla, General Motors, Ferrari, Jaguar and BMW

GM, Ford, Fiat Chrysler target to reopen factories from May 18: Report

Ford said in a statement it is yet to determine when it will resume production at its North American plants, while Fiat Chrysler said it will communicate new restart dates in due course

Ford issues $8 bn debt securities after coronavirus causes $2 bn loss

The Dearborn, Michigan-based company, which lost its investment-grade status in March, raised new funds with a three-part debt offering, according to a regulatory filing.

Donald Trump forces General Motors to make ventilators, invokes wartime law

Trump invoked the Korean War-era Defense Production Act, which allows a president to force companies to make products for national defence.

GM to tout its electric vehicles to investors swooning over Musk's Tesla

GM is by far the larger manufacturer by volume, and generates more cash and profits. But in the electric vehicle market, Tesla is the leader

GM Korea to suspend assembly line as coronavirus outbreak hits parts supply

GM Korea heavily relies on China for the wiring harnesses that connect vehicles' complex electronics

Fiat Chrysler asks US court to toss out GM racketeering claims: Report

The company has previously said GM's suit is baseless and aimed at disrupting the Italian-American automaker's proposed merger with France's Peugeot SA

GM's Cruise unveils Origin, an electric car sans steering wheel, pedals

Cruise's Chief Executive Officer, Dan Ammann, said the boxy vehicle with sliding doors will be used for the company's own ride-hailing service

Great Wall Motors signs agreement to buy General Motors' Talegaon plant

The move marks the entry of one of the world's largest SUV makers into the Indian market

China's Great Wall to buy GM's Talegaon plant for about $300 mn: Report

The deal will give a jumpstart to Great Wall's plans to build and sell cars in India

Tesla's stock market value zooms past that of GM and Ford, combined

Tesla's stock has more than doubled in the past three months

General Motors sues Fiat Chrysler over 'bribes' to union for unfair benefit

The suit comes only weeks after the UAW ended a lengthy strike at GM

Fiat Chrysler shrugs GM lawsuit, says confident of Peugeot deal by Dec

PSA declined to comment on the lawsuit and any potential impact on the merger talks.

Parts with passports: How free trade is driving General Motors' engines

The parts make four international border crossings in all, without a single tariff levied

Google's Android Auto for phone screens now available for Android 10 users

The app is now live in the Play Store, it is basically the same as the previous app but just adds an icon that is slightly different and it is only compatible with Android 10 on certain devices.