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Marry Barra Of General Motors Company (NYSE:GM) Expects To Run Plants At Full Capacity To Produce Popular Vehicles Soon To Realize Profits In China And Other Nations

CEO of General Motors Company (NYSE:GM) plans to operate all the plants to manufacture EV and derive handsome profits mainly in China because she expects a pickup in demand. She anticipates a recovery in demand for new vehicles despite ongoing coronavirus crisis. Low inventory Several auto plants are closed during coronavirus crisis for two months, […]

General Motors Company (NYSE:GM) Is Making An Electric Van Giving A Nod To The EV Trend

General Motors Company (NYSE:GM) is reportedly working on an electric van that is targeted towards the business community and will be ideal for delivery services. The announcement about the American automobile manufacturer’s decision to launch an electric van highlights the growing interest in EVs by traditional automobile manufacturers. It also means more competition for Tesla […]

Ford Motor Co. (NYSE:F) And General Motors Co. (NYSE:GM) Report Sales Growth In China Through Ventures

It seems the largest auto market in the world is starting to recovers from the effects of the COVID-19 pandemic after Ford Motor Company’s (NYSE:F) two joint ventures reported growth in YoY sales in April. Ford Sales growth in China through a joint venture Chongqing Changan Automobile Ltd, which is the company’s main joint venture, […]

Fiat Chrysler Automobiles NV (NYSE:FCAU), General Motors Company (NYSE:GM), And Ford Motor Company (NYSE:F) Decides To Shutdown Plants On Fears Of COVID-19

The big three automakers – Fiat Chrysler Automobiles NV (NYSE:FCAU), General Motors Company (NYSE:GM), and Ford Motor Company (NYSE:F) decides to shut down their plants on fears of COVID-19 pandemic and on growing pressure from United Auto Workers (UAW) Union. A Sudden change in the decision On the night of Tuesday, the three large automakers […]

General Motors (NYSE:GM) Turns To Battery Development In A Bid To Compete With Tesla Inc (NASDAQ:TSLA)

General Motors (NYSE:GM) was quite impressed after managing to make an adjusted net income amounting to $50 billion. These are financial results for the past five years. Matters seem different for Tesla Inc (NASDAQ:TSLA), which incurred a loss of about $5 billion. On a good day, one would expect investors to opt for GM, but […]

General Motors (NYSE:GM) Unveils An Electric Car Battery Staging Completion To Tesla Inc (NASDAQ:TSLA) Product

Tesla Inc (NASDAQ:TSLA) needs to watch General Motors (NYSE:GM) closely! That is considering the momentum the business guru has been showcasing lately. It is clear now that GM is challenging Tesla in its game. The development of its latest electric vehicle battery is a cause for alarm for the rival. It is a battery said […]

General Motors Company (NYSE:GM) Announce $3 Billion Investment For Production Of Electric Trucks

General Motors Company (NYSE:GM) has announced a $3 billion investment for the production of a range of all-electric pickup trucks and SUVs and also autonomous vehicles unveiled by Cruise. GM to produce electric trucks Out of the total investment, the company is putting $2.2 billion to its Detroit-Hamtramck plant for the development of electric vehicles. […]

Temporary Workers at the Centre of Negotiations Between General Motors (NYSE:GM) and UAW

The United Auto Workers’ strike against General Motors (NYSE:GM) has entered its 10th day with several issues under consideration. But the parties are arguing most about on point, which is the use of temporary employees. Differences in compensation for Temporary workers The temporary workers are at the center of negotiation between the company and the […]

UAW Initiates Work Stoppage amid Breakdown of Negotiations with General Motors (NYSE:GM)

On Sunday night, the United Auto Workers union initiated a strike against General Motors (NYSE:GM). Approximately 46,000 workers at over 50 GM facilities downed their tools for the first time in 12 years. Notably, the work stoppage came into effect after UAW and GM failed to agree on a new labor deal. Putting profits ahead […]

General Motors Company (NYSE:GM) To Recall 3.4 Million SUVs and Pickups with Brake Problems

General Motors Company (NYSE:GM) is recalling 3.4 million SUVs and pickup trucks in the US to fix a brake issue. GM recalls vehicles to fix a brake problem The company is recalling the Chevrolet Silverado and GMC Sierra 1500. This also includes 2500 and 3500 pickup trucks from 2014 through 2018 models years. The recall […]

Ford Motor Company (NYSE:F) Signals A Pick In US Auto Demand

Ford Motor Company (NYSE:F) has reported that the July sales in US fell compared to the same month and time last year. The results for the Fiat Chrysler Automobiles NV (NYSE:FCAU) were weaker, and the same results also applied to Nissan. This is evident that the automobile demand in the US might be falling or […]

Ford Motor Company (NYSE:F) Falcon Ute Shuts Its Production Operations In Australia

Ford Motor Company (NYSE:F) will be closing its Australian doors by the end of 2016 having rolled out its last unit of a two-door coupe utility vehicle on July 29 in Melbourne. Hostile manufacturing costs, weak sales, as well as losses of AUD$141 million and AUD$290 million, are some of the quoted factors that are […]

UAW Chooses Fiat Chrysler Automobiles NV (NYSE:FCAU) For Negotiations

The United Auto Workers (UAW) has chosen Fiat Chrysler Automobiles NV (NYSE:FCAU) for negotiating a new labor agreement. The move came as a surprise as Fiat Chrysler is the smallest of the three auto makers in Detroit. The move also dodges the union’s tradition of negotiating with the strongest company to extract the best terms […]

General Motors Company (NYSE:GM) Reports Higher Growth In U.S. Compared To China In First Half

General Motors Company (NYSE:GM) reported Higher margins in the USA than China in light of the slowing Chinese economy in the first half of the year. The company had earlier posted low sales margins in the Chinese market owing to the slowed economy. China has been the biggest market for the company. Most customers had […]

General Motors Company (NYSE:GM) Setting The Stage For Announcement Of Navistar Partnership For Commercial Trucks

Analysts believe that General Motors Company (NYSE:GM) about to announce a commercial truck partnership with Navistar International. The Automotive manufacturer recently announced a partnership with ISUZU MOTORS LTD ADR (OTCMKTS:ISUZY) where the two will work together to develop new-generation cab over medium-duty truck. Sources believe that the partnership with Navistar will also focus on the […]

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