Stories Tagged as
General Motors
GM aims to cut billons as it eyes driverless vehicle service
Feb 6, 2018
General Motors reports fourth-quarter earnings before the market opens today. Analysts are expecting an earnings increase for the big carmaker, which retook the lead from Tesla in market valuation last year. GM stock rallied 20 percent in 2017 as the company unveiled bold plans for driverless taxis. Click the above audio player to hear the […]
Automakers step up autonomous car plans
by
Amy Scott
Jan 16, 2018
The future of driving may be closer than we thought. General Motors has announced plans to mass produce a fully autonomous car without a steering wheel or pedals in 2019 — if it gets the go-ahead from federal regulators. Ford and other manufacturers aren’t far behind. Click the audio player above to hear the full […]
GM wards off stock split as investors demand higher profits
by
Andy Uhler
Jun 6, 2017
The automaker is competing against electric and autonomous car companies as well as Ford and Honda.
GM pulls out of Europe as profits elude
Mar 6, 2017
General Motors is out — of Europe, that is. The carmaker is selling its two European car brands Vauxhall and Opel to a French carmaker called PSA Group, which owns Peugeot and Citroen. GM is selling its European brands for $2 billion and is agreeing to be on the hook for $4 billion in pensions […]
GM announces record profit share for its workers. Where does it go from here?
Feb 7, 2017
General Motors has announced record earnings of $12.5 billion last year. The company’s 52,000 hourly workers will take home profit-sharing checks of as much as $12,000. It’s an impressive feat, considering where the company was less than a decade ago. But the car company is not resting on its laurels.
President Trump wants more US auto plants — but there are obstacles
by
Annie Baxter
Jan 24, 2017
President Trump told the heads of General Motors, Ford and Fiat Chrysler today that he wants to see new auto plants built in the U.S. He signed an executive order to streamline the permitting process for getting domestic manufacturing projects off the ground, the goal being to reduce what he called the “incredibly cumbersome, long, […]
Detroit automakers respond to more Trump tariff threats
Jan 3, 2017
Building abroad makes economic sense for U.S. automakers.
For public good, not for profit.
GM responds to demand for bigger cars by thinning its workforce
Dec 20, 2016
Consumers are shifting gears away from compact cars as gas prices remain low.
U.S. automakers’ push into China faces hurdles
Nov 25, 2016
Big American trucks used to be banned, and they're still subject to high tariffs, but GM and Ford seem to think the time is right.
Full interview: Lyft president on driverless cars, background checks
by
Molly Wood
May 18, 2016
Lyft's John Zimmer has a vision for the future.