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Keyword: gm

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  • G.M. Drops Its Support for Trump Climate Rollbacks and Aligns With Biden

    11/23/2020 12:09:19 PM PST · by Alter Kaker · 36 replies
    New York Times ^ | 11/23/2020 | Coral Davenport
    WASHINGTON — General Motors abandoned President Trump’s battle to nullify California’s fuel economy rules meant to curb global warming, the strongest sign yet that corporate America is moving on from Mr. Trump and adapting to an incoming Democratic administration. The company also signaled that it was ready to work with President-elect Joseph R. Biden Jr., who has promised swift action to reduce climate-warming emissions in the auto sector. “President-elect Biden recently said, ‘I believe that we can own the 21st century car market again by moving to electric vehicles.’ We at General Motors couldn’t agree more,” Mary Barra, the General...
  • GM exploring 'flying car' market using its Ultium electric battery

    09/17/2020 10:41:18 AM PDT · by RomanSoldier19 · 19 replies
    Corporate and private investors have poured at least $2.3 billion into more than 100 aerial vehicle startups, including drones and electric air taxis. GM is weighing all options - whether to build, supply or partner - as it decides whether to join such automakers as Hyundai Motor Co, Toyota etc. General Motors, the US carmaker is exploring possibilities in the aerial taxi market, including whether to build the vehicles known colloquially as "flying cars," as part of a push to look for growth in related transportation markets, two people familiar with the matter said. Chief Executive Mary Barra on Monday...
  • From PepsiCo to GM, Big Advertisers Set to Cancel Commitments to TV Networks

    05/12/2020 8:56:03 AM PDT · by abb · 92 replies
    The Wall Street Journal ^ | May 12, 2020 | Suzanne Vranica
    Big advertisers from General Motors Co. to PepsiCo Inc. to General Mills Inc. are seeking to walk back spending commitments they made to broadcast and cable networks, a dynamic that is testing the industry’s five-decade-old way of doing business. TV ad spending fell in the initial weeks of the coronavirus pandemic, but was insulated from an even bigger drop. That is because the majority of the roughly $42 billion spent on national TV ads in the U.S. is bound by contractual commitments that are made well in advance of a new TV season, which starts each September. Under those “upfront”...
  • General Motors and Honda to co-develop electric vehicles

    04/05/2020 9:07:43 AM PDT · by Olog-hai · 22 replies
    Fox News ^ | 04/03/2020 | Gary Gastelu
    General Motors will work with Honda to design and develop two electric vehicles using GM’s new EV platform, the automakers announced Thursday. Details on what type of vehicles they are building were not revealed, but Honda will design the bodies and interiors and expects to start selling them in North America by 2024. Honda is already an investor in GM’s Cruise autonomous car division, and they have previously worked together on battery technology. Honda recently said it would discontinue sales of the electric version of its Clarity model, which was the only all-electric car it sold in the U.S. …
  • Trump invokes Defense Production Act to force GM to make ventilators for coronavirus fight

    03/27/2020 3:36:01 PM PDT · by Berlin_Freeper · 46 replies
    nbcnews.com ^ | March 27, 2020 | Dartunorro Clark
    President Donald Trump invoked the rarely used Defense Production Act on Friday to order the Department of Health and Human Services to compel General Motors to manufacturer ventilators hours after he sharply criticized the company for slow-walking production. "Our negotiations with GM regarding its ability to supply ventilators have been productive, but our fight against the virus is too urgent to allow the give-and-take of the contracting process to continue to run its normal course," Trump said in a statement. "GM was wasting time. Today’s action will help ensure the quick production of ventilators that will save American lives." Trump,...
  • Trump ORDERS GM to open their shuttered Ohio plant and 'start making ventilators NOW' as he threatens to invoke special defense powers claiming company tried to price gouge

    03/27/2020 1:41:16 PM PDT · by Zenyatta · 51 replies
    Daily Mail ^ | 3/27/2020 | Geoff Earle
    President Donald Trump is demanding General Motors start manufacturing desperately needed ventilators 'NOW' – after a stunning report his administration stalled a potential deal over the cost. After sustaining weeks of questions and criticisms about why his administration hadn't demanded rush orders for medical equipment weeks ago, Trump took to Twitter to demand GM get on the task 'FAST.' He even demanded they reopen a shuttered Ohio plant – even though the company has already put forward a proposal to start assembly at a plant in Indiana.
  • All ‘Big Three’ factories to be idled, including Fort Wayne GM plant

    03/18/2020 10:28:16 AM PDT · by John W · 26 replies
    ABC21 Fort Wayne ^ | March 18, 2020 | Jonathan Shelley
    <p>FORT WAYNE, Ind. (AP and WPTA21) - Two people briefed on the matter say Detroit's three automakers have agreed to close all of their factories due to worker fears about the coronavirus.</p> <p>Automakers are expected to release details of the closure later today.</p>
  • GM Wants to Produce a Lot of (electric) Cars — and Less of Everything Else

    02/07/2020 6:23:52 AM PST · by karpov · 95 replies
    Barron's ^ | February 6, 2020 | Al Root
    General Motors, the auto maker that sells millions of cars and trucks each year, has a new production target: zero. CEO Mary Barra hasn’t lost her mind. Instead, GM’s goal is a future with zero crashes, zero emissions and zero congestion, the company said at an investor event following the release of its fourth-quarter earnings. It’s a bold vision to say the least. Zero EmissionsNo greenhouse gases coming from a tail pipe, of course, is all about vehicle electrification. GM, it seems, is leaving the traditional motor behind. “We believe climate change is real, it’s a global concern and the...
  • Exclusive: U.S. talks with GM over deploying self-driving cars without steering wheels

    12/20/2019 9:50:01 PM PST · by conservative98 · 52 replies
    R ^ | 12/20/19 | David Shepardson
    WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration is holding talks with General Motors Co (GM.N) on the automaker’s petition to deploy a limited number of self-driving vehicles on American roads without steering wheels or other human controls, the head of the agency said on Friday.
  • Mexico Unveils First Highway Paved With Recycled Plastic

    11/28/2019 8:38:29 AM PST · by Tolerance Sucks Rocks · 53 replies
    Yahoo! Finance ^ | November 25, 2019 | FreightWaves, Benzinga
    The first-ever highway partially made of reclaimed plastic was inaugurated in Mexico on Nov. 13. The 2.5-mile stretch of highway in the state of Guanajuato in central Mexico used 1.7 tons of recycled plastic, or the equivalent of 425,000 plastic packaging units, according to Dow Plastics Technology Mexico. "The advantage of using recycled plastic products is that they can be used on all types of highways, not only in high-performance products, which can extend the life span of any paved road," Paula Sans, Dow Mexico's director of packaging and specialty plastics, said in a release. The newly paved stretch of...
  • GM Hits Fiat Chrysler with Bombshell Corruption Lawsuit

    11/21/2019 8:58:43 AM PST · by fishtank · 14 replies
    IEN ^ | 11-21-19 | Alex Shanahan, Anna Wells
    GM Hits Fiat Chrysler with Bombshell Corruption Lawsuit by Alex Shanahan, Anna Wells 11-21-2019 "GM says Fiat Chrysler has been in cahoots with the UAW for years, and it's cost them billions."
  • GM reaches deal with union to end strike

    10/25/2019 3:25:45 PM PDT · by yesthatjallen · 35 replies
    The Hill ^ | 10/25/19 | Tal Axelrod
    General Motors (GM) has reached a deal with employees to end the longest automotive strike in 50 years. GM employees with the United Auto Workers (UAW) union ratified the 2019 Collective Bargaining Agreement on Friday evening, UAW said in a statement. The contract includes an $11,000 per member signing bonus, performance bonuses, two 3 percent annual raises and two 4 percent lump sum payments while holding the line on health care costs. “General Motors members have spoken,” said Terry Dittes, UAW vice president and director of the UAW-GM Department. “We are all so incredibly proud of UAW-GM members who captured...
  • GM stops paying for health care coverage for striking UAW members

    09/23/2019 2:37:35 PM PDT · by matt04 · 55 replies
    General Motors is playing hardball with striking UAW members. The company is pulling the plug on the healthcare coverage effective Tuesday, Sept. 17. That means the tab will have to be picked up by the union for workers to continue coverage. The same fund that pays workers $250 a week strike pay, and there's a total $750 million in the fund. “How I look at it is, we’re here for the company, we were here for them during all the downturns," said Stephanie Carpenter, a 22-year employee of GM who was picketing in front of the company's headquarters Tuesday. "They...
  • Striking a Pose

    09/17/2019 4:23:11 AM PDT · by NOBO2012 · 13 replies
    MOTUS A.D. ^ | 9-17-19 | MOTUS
    Donald Trump’s economy is booming. So the UAW decided to call a nationwide strike against GM. They’re demanding the same things they’ve been demanding for as long as I can remember: higher wages, better pension, better job security, better healthcare (what’s wrong with Obamacare?!), and better profit sharing. The Dems will all be onboard, since they always side with the ‘little guy.’ In this case the little guys who build cars for a living - the same cars the Dems’ Green New Deal wants you not to buy, not to  drive and when elected they plan to outlaw, along with...
  • UAW to go on strike after negotiations with GM fall through

    09/15/2019 8:34:09 AM PDT · by springwater13 · 152 replies
    The UAW announced Sunday morning that it would strike "effective at midnight tonight" after contract negotiations fell through. During a press conference on Sunday, the union's vice president said it informed GM that its membership would follow through after the contract ended Saturday at 11:59 p.m.. "This is our last resort," said VP Terry Dittes. A spokesman said the strike impacts about 48,000 UAW workers at GM plants across the country.
  • Union Workers Vote to Authorize Strikes While Negotiating with GM

    09/04/2019 7:16:56 AM PDT · by ChicagoConservative27 · 17 replies
    Breitbart ^ | 09/03/2019 | John Binder
    Union auto workers voted, by a large majority, to authorize strikes while the United Auto Workers (UAW) union negotiates contracts with General Motors, Ford Motor Company, and Fiat Chrysler. UAW members voted about 96 percent to allow union workers to strike while UAW leaders negotiate contracts with GM, Ford, and Chrysler — a vote that merely authorizes strikes and does not indicate that strikes will be held. UAW President Gary Jones said in a statement:
  • The very first two Pontiac Firebirds ever built are for sale on Ebay

    05/12/2019 7:50:30 AM PDT · by ETL · 40 replies
    FoxNews.com/auto ^ | May 11, 2019 | Gary Gastelu | Fox News
    The first two production Pontiac Firebirds ever built are currently up for sale, but if you want them, you have to buy the pair, because the seller wouldn’t have it any other way. The 1967 coupe and convertible spent their early days as Pontiac show cars before being released for public sale and have reportedly been together ever since. They didn’t lead a pampered life, however, and by 2014 were in pretty rough shape and not in running condition. That’s when the folks at Gas Monkey Garage of “Fast and Loud” fame heard about them and bought the birds for...
  • Requiem for 4,000 Fox Jobs Lost -- Welcome to the New Hollywood

    03/28/2019 10:23:16 AM PDT · by Jyotishi · 87 replies
    The Wrap ^ | March 24, 2019 | Sharon Waxman
    To have fought your way into the dream machine, only to find that after years of quality work there is no job for you -- that is a harsh blow and a sign of our era How do you take the measure of 4,000 jobs lost in an industry with the size and scope of Hollywood? That's the number of pink slips being handed by Disney to Fox employees now that the merged mega-studio won't need them anymore. Four. Thousand. Jobs. It's undoubtedly the largest layoff from a single entertainment company in a generation -- maybe ever -- a fact...
  • GM confirms plans to build new EV, invest $300 million in Michigan plant

    03/22/2019 6:04:27 PM PDT · by Libloather · 30 replies
    Reuters via Yahoo ^ | 3/22/19 | David Shepardson
    (Reuters) - General Motors Co confirmed on Friday it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle. The largest U.S. automaker has come under heavy criticism from President Donald Trump in recent days over its decision to end production at its Lordstown, Ohio, assembly plant earlier this month. GM officials said the announcement was planned well before Trump's series of angry GM tweets that started on Saturday. Trump called GM CEO Mary Barra on Sunday to urge her to reverse the decision to end production at the Ohio...
  • GM Announces 400 Jobs, New Electric Car Days After Venomous Trump Tweets

    03/22/2019 12:25:37 PM PDT · by SeekAndFind · 30 replies
    TPM ^ | 03/22/2019 | By Mike Householder and Tom Krisher
    ORION TOWNSHIP, Mich. (AP) — Less than a week after a series of critical tweets from the president over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a new electric vehicle at a factory north of Detroit. The company says it will spend $300 million at its plant in Orion Township, Michigan, to manufacture a Chevrolet vehicle based on the battery-powered Bolt. GM wouldn’t say when the new workers will start or when the new vehicle will go on sale, nor would it say if the workers will be new hires or come...