GM to invest $4 billion in three US facilities General Motors said it is planning to invest about $4 billion over the next two years at three US facilities in Michigan, Kansas and Tennessee as it moves to boost production of gas-powered vehicles amid slowing electric vehicle demand. Business • 11 Jun
GM to invest $4 billion in three US facilities General Motors said it is planning to invest about $4 billion over the next two years at three US facilities in Michigan, Kansas and Tennessee as it moves to boost production of gas-powered vehicles amid slowing electric vehicle demand. Business • 11 Jun
GM says upbeat on full-year earnings General Motors continued to defy Wall Street's expectations this year, posting third-quarter results ahead of analyst projections on the back of steady gasoline-engine truck and SUV sales and a focus on keeping inventories lean. Business • 22 Oct 24
GM says upbeat on full-year earnings General Motors continued to defy Wall Street's expectations this year, posting third-quarter results ahead of analyst projections on the back of steady gasoline-engine truck and SUV sales and a focus on keeping inventories lean. Business • 22 Oct 24
General Motors beats Q1 results targets, raises forecasts General Motors has today posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 3.45% in pre-market trading. Business • 23 Apr 24
General Motors beats Q1 results targets, raises forecasts General Motors has today posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending shares up 3.45% in pre-market trading. Business • 23 Apr 24
GM shares jump as CEO promises shareholders more cash General Motors shares jumped today after the company gave investors an upbeat outlook for 2024 and signaled more capital will be returned to shareholders. Business • 30 Jan 24
GM shares jump as CEO promises shareholders more cash General Motors shares jumped today after the company gave investors an upbeat outlook for 2024 and signaled more capital will be returned to shareholders. Business • 30 Jan 24
GM withdraws 2023 guidance as UAW strike costs soar General Motors has today withdrawn its 2023 profit outlook, blaming the rising costs of United Auto Workers strikes. Business • 24 Oct 23
GM withdraws 2023 guidance as UAW strike costs soar General Motors has today withdrawn its 2023 profit outlook, blaming the rising costs of United Auto Workers strikes. Business • 24 Oct 23
GM cites chip shortage for weaker 2021 outlook General Motors has reported a higher than expected fourth-quarter profit on strong demand for trucks and SUVs during the Covid-19 pandemic but forecast weaker than expected 2021 results citing a shortage of chips used in car production. Business • 10 Feb 21
GM cites chip shortage for weaker 2021 outlook General Motors has reported a higher than expected fourth-quarter profit on strong demand for trucks and SUVs during the Covid-19 pandemic but forecast weaker than expected 2021 results citing a shortage of chips used in car production. Business • 10 Feb 21
Musk, Iger to quit Trump councils after Paris decision Tesla CEO Elon Musk and Walt Disney CEO Robert Iger said they would leave White House advisory councils after US President Donald Trump said he would withdraw from the Paris climate accord. Business • 02 Jun 17
Musk, Iger to quit Trump councils after Paris decision Tesla CEO Elon Musk and Walt Disney CEO Robert Iger said they would leave White House advisory councils after US President Donald Trump said he would withdraw from the Paris climate accord. Business • 02 Jun 17
PSA nears deal to buy Opel from GM - sources PSA Group and General Motors hope to announce the French carmaker's acquisition of Opel within days after narrowing differences on pension liabilities at GM's European division and other issues, sources have told Reuters. Business • 03 Mar 17
PSA nears deal to buy Opel from GM - sources PSA Group and General Motors hope to announce the French carmaker's acquisition of Opel within days after narrowing differences on pension liabilities at GM's European division and other issues, sources have told Reuters. Business • 03 Mar 17
GM takes responsibility for ignition scandal General Motors CEO Mary Barra said the company would take full responsibility for the faulty ignition scandal and compensate victims of accidents tied to the defects. Business • 05 Jun 14
GM takes responsibility for ignition scandal General Motors CEO Mary Barra said the company would take full responsibility for the faulty ignition scandal and compensate victims of accidents tied to the defects. Business • 05 Jun 14
GM's Barra will earn much more than predecessor The new General Motors boss, Mary Barra, will earn a total pay package of $14.4m this year, 60% more than her male predecessor. Business • 11 Feb 14
GM's Barra will earn much more than predecessor The new General Motors boss, Mary Barra, will earn a total pay package of $14.4m this year, 60% more than her male predecessor. Business • 11 Feb 14
