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General Motors

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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Automakers make push to reopen plants [Video]

Automakers make push to reopen plants

Global automakers reeling from the COVID-19 pandemic are accelerating efforts to restart factories from Wuhan to Maranello to Michigan, using safety protocols developed for China and U.S. ventilator..

Credit: Reuters Studio     Duration: 01:55Published
GM gets $500 mln ventilator contract [Video]

GM gets $500 mln ventilator contract

The United States awarded General Motors a $489 million contract Wednesday to produce ventilators to treat severely sick coronavirus patients. Fred Katayama reports.

Credit: Reuters Studio     Duration: 01:05Published
Tesla engineers show off prototype ventilator [Video]

Tesla engineers show off prototype ventilator

Tesla engineers have shown off a prototype ventilator that founder Elon Musk says will be supplied free to U.S. hospitals. Julian Satterthwaite reports.

Credit: Reuters Studio     Duration: 01:32Published
Trump uses defence mechanism to ensure ventilator production [Video]

Trump uses defence mechanism to ensure ventilator production

US President Donald Trump invokes defence mechanism to compel General Motors to make ventilators. Mr Trump said: "This afternoon, I invoke the Defence Production Act to compel General Motors to accept,..

Credit: PA - Press Association STUDIO     Duration: 00:47Published
Trump tells GM to make ventilators amid patient surge [Video]

Trump tells GM to make ventilators amid patient surge

U.S. President Donald Trump on Friday invoked emergency powers to require General Motors to build much-needed ventilators as U.S. hospitals brace for a patient surge. Lisa Bernhard has more.

Credit: Reuters Studio     Duration: 03:16Published
Trump invoking Defense Production Act to acquire more ventilators [Video]

Trump invoking Defense Production Act to acquire more ventilators

U.S. President Donald Trump on Friday said that he is invoking the Defense Production Act to require General Motors Co to build much-needed ventilators for coronavirus patients after he accused the..

Credit: Reuters Studio     Duration: 01:58Published
General Motors And Ventec Partner To Make Critically Needed Ventilators [Video]

General Motors And Ventec Partner To Make Critically Needed Ventilators

As hospitals confront a critical shortage of ventilators due to the novel coronavirus, GM is stepping up. GM announced they will be retooling a plant in Indiana to manufacture ventilators with Ventec..

Credit: Wochit News     Duration: 00:32Published
Global businesses pitch in to help battle coronavirus [Video]

Global businesses pitch in to help battle coronavirus

Companies all over the world are joining in the battle against coronavirus, helping to make ventilators, face masks and hand sanitizer. Joe Davies reports.

Credit: Reuters Studio     Duration: 01:26Published
Stocks resume trading after halt as recession fears grow [Video]

Stocks resume trading after halt as recession fears grow

Wall Street trading was forced to temporarily stop during Wednesday's session after a 7-percent plunge in the S&P 500 set off so-called circuit breakers. Conway G. Gittens has the market update.

Credit: Reuters Studio     Duration: 02:11Published
Australian PM 'angry' at General Motors decision [Video]

Australian PM 'angry' at General Motors decision

Australian Prime Minister Scott Morrison said on Monday (February 17) that he was angry and disappointed at General Motors decision to retire the Holden brand, although not surprised.

Credit: Reuters Studio     Duration: 01:18Published

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Fiat Chrysler, GM try discounts, online buying to lift plunging U.S. sales

With auto showrooms shut during the coronavirus pandemic, Fiat Chrysler and General Motors Co moved to reboot demand with seven-year, no-interest loans and programs allowing customers to buy vehicles..
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Trump's attack on GM over ventilators quickly turns to praise

President Donald Trump, who excoriated General Motors Co on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackle the coronavirus pandemic, has abruptly..
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Coronavirus: Trump orders General Motors to make ventilators

The US president said "GM was wasting time" and action was needed to save American lives.
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Trump tells GM: Stop 'wasting time', build ventilators to address coronavirus

U.S. President Donald Trump on Friday invoked emergency powers to require General Motors Co to build much-needed ventilators for coronavirus patients after he accused the largest U.S. automaker of..
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Trump drags GM, Ford into political war over ventilators to fight coronavirus

General Motors Co and Ford Motor Co got dragged into the political war over much-needed ventilators for coronavirus patients Friday as U.S. President Donald Trump lashed out at the automakers for..
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Trump blasts GM, Ford over ventilators; could order action

U.S. President Donald Trump blasted General Motors Co and Ford Motor Co on Friday, calling on the two U.S. automakers to quickly build badly needed ventilators for COVID-19 patients and suggesting he..
Reuters - Published

Trump says GM efforts 'never seem to work out'

President Donald Trump criticized General Motors on Friday and cited the Defense Production Act after saying the automaker reduced the number of ventilators it said that it could provide to hospitals..
Reuters - Published

Factbox: Ford and General Motors' electric vehicle plans

Ford Motor Co and General Motors Co , the top two U.S. automakers, have more than two dozen new battery electric vehicles (EVs) in the pipeline, according to their executives and suppliers familiar..
Reuters - Published

Detroit's near future based on SUVs, not EVs, production plans show

General Motors Co and Ford Motor Co have widely touted their commitment to emission-free electric cars, but their production plans show a growing reliance on ever-larger gas-powered vehicles.
Reuters - Published

General Motors to draw down $16 billion in credit, suspends 2020 outlook

General Motors Co said on Tuesday it will draw about $16 billion from its credit lines in a bid to beef up liquidity amid rising business impact from the fast-spreading coronavirus outbreak.
Reuters - Published

Ford, GM, Tesla getting 'go ahead' to make ventilators: Trump

U.S. President Donald Trump said on Sunday that U.S. automakers Ford Motor Co, General Motors Co and Tesla Inc had been given the green light to produce ventilators and other items needed during the..
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GM, Ford say employees have tested positive for Covid-19

General Motors Co and Ford Motor Co said on Tuesday they each have had one employee, both working at U.S. engineering centers, test positive for coronavirus.
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GM employee at Michigan tech center tests positive for coronavirus

General Motors Co said on Tuesday an employee at its Michigan technical center tested positive for coronavirus.
Reuters - Published

GM, Ford to have white-collar employees work remotely starting Monday

U.S. automakers General Motors Co and Ford Motor Co said on Friday they will have most of their white-collar workforce working remotely as of Monday to protect against the spread of the coronavirus.
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GM to add 1,200 jobs at Michigan plants to meet SUV demand

No. 1 U.S. automaker General Motors Co said on Friday it plans to add more than 1,200 jobs at its Lansing plants in Michigan to meet growing demand for its SUVs.
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GM shuts Australia, NZ operations; sells Thai plant to Great Wall

General Motors Co said it would wind down its Australian and New Zealand operations and sell a Thai plant in the latest restructuring of its global business, costing the U.S. auto maker $1.1 billion.
Reuters - Published

Timeline: General Motors streamlines its international operations

General Motors Co is retreating from more markets outside the United States and China, saying on Sunday that it will wind down its Australian and New Zealand operations, while selling a plant in..
Reuters - Published

General Motors to wind down Australia, New Zealand operations, sell Thailand plant

General Motors Co is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in Australia and New Zealand..
Reuters - Published

GM to restart production in China from Feb. 15

General Motors said on Monday it would restart production in from Feb. 15 in China, where the country is dealing with a coronavirus epidemic which has killed more than 900 people.
Reuters - Published

GM forecasts flat 2020 profit after a rough 2019; shares gain

General Motors Co on Wednesday forecast flat profits for 2020 and reported a better-than-expected fourth quarter result as it kicked off a new effort to win over investors stampeding into shares of..
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GM rolls back 'radical' plan to offer only three-cylinder engines in some China cars: sources

General Motors is backtracking on an aggressive promotion of three-cylinder engines in China that saw some Buick and Chevrolet models offered only in that option - a move which proved highly unpopular..
Reuters - Published

Companies Trump said would create thousands of jobs have failed to deliver

In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they..
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Trump's first presidential portfolio lags job, stock market growth

In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they..
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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

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 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,..
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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 .
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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.
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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..
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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

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




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