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American automotive manufacturing company

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General Motors: American automotive manufacturing company
General Motors Company, commonly referred to as General Motors (GM), is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in Detroit's Renaissance Center. It was originally founded by William C. Durant on September 16, 1908 as a holding company. The company is the largest American automobile manufacturer, and one of the world's largest. As of 2019, General Motors is ranked #13 on the Fortune 500 rankings of the largest United States corporations by total revenue.

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Tesla's furious rally pushes market value past $100 billion

Tesla Inc shares surged on Wednesday, and the company became the first publicly listed U.S. automaker to cross $100 billion in market valuation, more than Ford Motor Co and General Motors Co combined.
Reuters - Published

If you're up for riding in a robotaxi, General Motors' Cruise wants you to meet Origin — at some point

General Motors' Cruise unveils a boxy robotaxi for ride-sharing, though no word on when consumers can start hailing them.
USATODAY.com - Published

Videos for General Motors


Tesla tops $100 billion in market valuation [Video]Tesla tops $100 billion in market valuation

Tesla's stock surge Wednesday drove the electric car maker's valuation past the $100 billion mark, making it the first U.S. automaker to achieve that milestone. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:07Published

Tesla seeks shift from 'Made in China' to 'Designed in China' [Video]Tesla seeks shift from 'Made in China' to 'Designed in China'

U.S. electric car maker Tesla plans to open a design and research center in China to make "Chinese-style" vehicles, the company said in a recruitment notice on its official WeChat account. Ciara Lee..

Credit: Reuters Studio     Duration: 01:08Published

Ford's China sales drop 26% [Video]Ford's China sales drop 26%

Ford's vehicles sales in China fell for the third straight year, down 26% in 2019. As Fred Katayama reports, that's less than half of what it sold in 2016.

Credit: Reuters Studio     Duration: 00:49Published

Tesla stock worth more than GM, Ford combined [Video]Tesla stock worth more than GM, Ford combined

Electric car company Tesla made history of a different kind Wednesday when a pop in its stock gave the company a higher stock market value than General Motors and Ford combined. Conway G. Gittens has..

Credit: Reuters Studio     Duration: 00:30Published

Investors nervous but more room for bull run: wealth manager [Video]Investors nervous but more room for bull run: wealth manager

Investors are skittish, says Gerber Kawasaki CEO Ross Gerber, but with a "ton of money out there," he sees more upside for stocks.

Credit: Reuters Studio     Duration: 05:03Published

GM's China sales drop further [Video]GM's China sales drop further

General Motors' vehicle sales fell for a second straight year in China, dented by a slowing economy and weakness in sport utilites. As Fred Katayama reports, Chevy sales tumbled 20%.

Credit: Reuters Studio     Duration: 01:15Published

Elon Musk's Tesla Decade [Video]Elon Musk's Tesla Decade

Elon Musk is a member of the "PayPal Mafia," and CEO and founder of both Tesla and SpaceX. In 2016, he also founded The Boring Company. In October, Tesla surpassed GM to become the most valuable car..

Credit: Wochit News     Duration: 00:37Published

GM Issues Recalls of Nearly 1 Million Vehicles [Video]GM Issues Recalls of Nearly 1 Million Vehicles

General Motors (GM) issued the double recalls on Thursday. More than half a million 2019 GMC Sierra 1500 vehicles, Chevrolet Silverado 1500 and Cadillac CT6 are being recalled because of a possible..

Credit: Cover Video STUDIO     Duration: 01:11Published

GM doubles down on SUVs to fund electric future [Video]GM doubles down on SUVs to fund electric future

General Motors unveiled the first of a new generation of large sport utility vehicles designed to haul in the cash to pay for electric vehicles the automaker promises for the future. Caroline Malone..

Credit: Reuters Studio     Duration: 01:12Published

Strongest U.S. hiring in 10 months [Video]Strongest U.S. hiring in 10 months

U.S. job growth increased by 266,000 in November, the biggest jump in 10 months, despite a slump in the manufacturing sector and overall uncertainty due to numerous trade spats between the U.S. and..

Credit: Reuters - Politics     Duration: 01:41Published

 

GM's Cruise unveils its first driverless vehicle

The launch comes six months after Cruise delayed its self-driving vehicle service in San Francisco.
BBC News - Published

Astros fire manager, GM after MLB suspensions for sign stealing

The Houston Astros fired Manager A.J. Hinch and General Manager Jeff Luhnow on Monday after Major League Baseball suspended them each for a year for a cheating scandal that involved stealing pitch..
Reuters - Published

MLB finds Astros guilty of sign stealing, GM and manager banned for a year

The Houston Astros general manager Jeff Luhnow and manager AJ Hinch have been suspended without pay for a year.
BBC News - Published

GM to revive Hummer name, but not the brand, in a new all-electric pickup

GM is reviving the Hummer name, building an all-electric pickup to be sold in early 2022.
USATODAY.com - Published

GM to revive Hummer name with electric pickups, SUVs: sources

General Motors Co will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles and will tout the return with a Super Bowl ad featuring NBA star Lebron James,..
Reuters - Published

U.S. adds 145,000 jobs in December; unemployment holds at 3.5%

u.s. adds 145,000 jobs in december; unemployment holds at 3.5%
U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors. The Labor Department said Friday that the..
WorldNews - Published

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

For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co .
Reuters - Published

General Motors shocks nearly 1,000 temp workers with full-time promotions; Ford promotes 592

Ford Motor Co. also moved 592 temporary workers to permanent full-time status on Monday, the UAW said
USATODAY.com - Published

Larry David says former Jets GM laughed at him when he told him to draft Lamar Jackson

Larry David is a huge Jets fan. And, apparently, pretty, pretty, pretty good at evaluating young QB talent. He told ex-GM to take Lamar Jackson
USATODAY.com - Published

Why SUVs are getting bigger and bigger: GM, Toyota, Ford enlarge hefty vehicles

GM's decision to bulk up the Chevrolet Suburban and Tahoe makes the automaker the latest to enlarge already-big SUVs. Why? Americans want more space.
USATODAY.com - Published

Why GM is developing technology for self-driving vehicles for the US military

GM is gambling that the military will want to buy its car technology to use on military vehicles. That's why the automaker started GM Defense.
USATODAY.com - Published

Exclusive: U.S. talks with GM over deploying self-driving cars without steering wheels

The U.S. National Highway Traffic Safety Administration is holding talks with General Motors Co on the automaker's petition to deploy a limited number of self-driving vehicles on American roads without..
Reuters - Published

U.S. agency upgrades probe into 1.7 million GM vehicles

The U.S. National Highway Traffic Safety Administration (NHTSA) said Tuesday it is upgrading an investigation into 1.7 million General Motors Co vehicles for windshield wiper failures.
Reuters - Published

GM to invest $1.5B in Missouri plant

gm to invest $1.5b in missouri plant
WENTZVILLE, Mo. -- General Motors will invest $1.5 billion to make what it calls the "next generation" of midsize pickups at its plant near St. Louis, the company's president said Friday. GM will use..
WorldNews - Published

GM unveils redesigned, larger Chevrolet Tahoe and Chevrolet Suburban SUVs

General Motors has reengineered its Chevrolet Tahoe and Suburban SUVs for 2021 and, surprise, made the popular vehicles even bigger.
USATODAY.com - Published

GM, doubling down on big SUVs, unveils longer Chevy Tahoe, Suburban

General Motors Co could expand the lineup of vehicles using its large truck and sport utility vehicle architecture and sees big opportunities in over-the-air software updates, President Mark Reuss told..
Reuters - Published

GM doubles down on big SUVs to pay for tomorrow's electric cars

General Motors Co on Tuesday unveiled the first of a new generation of large sport utility vehicles designed to haul in the cash to pay for electric vehicles the automaker promises for the future.
Reuters - Published

Strong U.S. job growth showcases economy's resilience

U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, the strongest sign yet..
Reuters - Published

US jobs growth jumps in November

The economy added a higher-than-expected 266,000 jobs, helped by the return of striking GM workers.
BBC News - Published

Strong November Jobs Report Counters Anxieties Over Weakening Economy

The Labor Department’s report was much stronger than the one last month, helped in part by the end of a General Motors strike.
NYTimes.com - Published

Instant View: U.S. Nov payrolls up by most in 10 months

U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy..
Reuters - Published

Economy added booming 266,000 jobs in November and the unemployment rate fell to 3.5%

Employers added booming 266,000 jobs in November, a total partly inflated by the return of striking GM workers. Economists expected 184,000 gains.
USATODAY.com - Published

U.S. nonfarm payrolls increase by the most in 10 months

U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy..
Reuters - Published

Returning General Motors workers seen boosting U.S. November payrolls

U.S. job growth likely accelerated in November as former striking workers returned to General Motors' payrolls, which would confirm that the economy remained on a moderate expansion path despite a..
Reuters - Published

GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio

General Motors Co and South Korea's LG Chem said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest..
Reuters - Published

GM, LG Chem partner to build $2.3B battery plant near closed factory in Lordstown, Ohio

GM and LG Chem will invest $2.3 billion and build a new plant near Lordstown, Ohio, to build batteries for electric cars.
USATODAY.com - Published

GM, LG Chem to announce EV battery joint venture in Ohio

South Korea's LG Chem said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors .
Reuters - Published

General Motors kills the Buick Regal: GM continues to cut passenger cars

General Motors is taking further steps to reduce its passenger car lineup by killing the Buick Regal after nearly half a century of sales.
USATODAY.com - Published

GM to lay off 800 workers at Detroit plant that will be retooled to make electric vehicles

GM will lay off hundreds of workers at its Detroit-Hamtramck plant. The automaker will retool the plant to make electric vehicles.
USATODAY.com - Published

12 most anticipated new cars and trucks of 2020: These upcoming vehicles are ones to watch

Electric vehicles from General Motors, Ford, Tesla, Rivian, Volkswagen and Porsche make our list of most anticipated new cars and trucks of 2020.
USATODAY.com - Published

GM building new plant in Ohio to make engine components

gm building new plant in ohio to make engine components
General Motors is building a $175 million plant in Ohio to produce truck engine components that will employ about 100 people. Plant construction is underway and is expected to be ......
WorldNews - Published

GM recalls 640,000 trucks because seat-belts can cause fires

Automaker says high-tech seat-belts can squirt gasoline, potentially setting carpets ablaze
CBS News - Published

Fiat Chrysler chairman sees Peugeot deal finalized by year-end

Fiat Chrysler Chairman John Elkann said on Thursday he was confident the group would finalize its tie-up with Peugeot owner PSA this year and dismissed concerns about a lawsuit launched by rival..
Reuters - Published

GM lawsuit won't torpedo Fiat Chrysler merger with Peugeot: source

Fiat Chrysler's (FCA) planned $50 billion merger with Peugeot owner PSA Group will not be blown off course by a shock lawsuit against FCA from General Motors, a source close to FCA said on Thursday.
Reuters - Published

Fiat Chrysler says Peugeot talks progressing despite GM lawsuit

Fiat Chrysler (FCA) said on Thursday talks with Peugeot owner PSA Group to create a $50 billion carmaking group were going well, despite FCA being sued for "substantial damages" by General Motors late..
Reuters - Published

As Tesla preps 'Cybertruck,' electric pickups gain steam. But does anyone want one?

Electric pickups are coming. The only question is, will Americans buy them? Tesla, Ford, GM, Rivian and others think the answer is yes.
USATODAY.com - Published

GM sues Fiat Chrysler, alleging union bribes cost it billions

General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt..
Reuters - Published

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