factory in the United States
GM pauses production of Cruise Origin built in Detroit amid safety investigation: GM and its self-driving subsidiary Cruise have temporarily stopped production ...
freep.com/story/money/cars/general-motors/2023/11/07/cruise-origin-gm-production-autonomous-detroit-factory-zero/71486285007/
GM has lost $800 million in UAW's strike so far: Detroit automaker withdraws its 2023 guidance for the year because of uncertainty over financial impact of the ...
detroitnews.com/story/business/autos/general-motors/2023/10/24/gm-has-lost-800-million-in-uaws-strike-so-far/71293423007/
Quick Glance: GM profit impacted by strikes, potential for further losses with strike expansion
- A strike by auto workers against General Motors is expected to reduce pretax earnings by $800 million this year, with an additional $200 million per week afterwards, according to the company's CFO.
- GM reported net income of over $3 billion from July to September, a 7% decrease compared to the same period last year due to lost production from the strike and increased warranty costs, stated Jacobson.
- The company has also withdrawn its previous full-year pretax earnings estimates, citing uncertainty regarding the duration of the strike and the number of factories that would be affected.
- However, excluding one-time items, GM reported earnings of $2.28 per share, surpassing Wall Street's estimate of $1.87.
GM, Cruise, Honda joint-venture to launch self-driving ride-hail service in Japan in 2026
detroitnews.com/story/business/autos/general-motors/2023/10/19/gm-cruise-honda-to-launch-av-ride-hail-service-in-japan-in-2026/71240199007/
GM Is Stalling EV Production Because Demand Is Falling Off: The Detroit automaker is scrubbing plans to quickly expand production of its Silverado EV ...
thedrive.com/news/gm-is-stalling-ev-production-because-demand-is-falling-off
GM delays Orion transition for EV truck production by one year: The delay means the Oakland County factory will be down until late 2025 after it ends production ...
detroitnews.com/story/business/autos/general-motors/2023/10/17/gm-delays-orion-transition-for-ev-truck-production-by-one-year/71215590007/
GM delays electric trucks a year, with no Chevy Bolt EV extension: Volume production of the Chevy Silverado EV and GMC Sierra EV are getting pushed back a whole ...
greencarreports.com/news/1141150_gm-delays-electric-trucks-a-year-with-no-chevy-bolt-ev-extension
GM postpones expanding production of electric trucks: General Motors is putting off adding a second factory for production of its electric pickups until late ...
cnn.com/2023/10/17/business/gm-delaying-ev-truck-second-plant/
GM's self-driving arm Cruise expects to start building Origins at Factory Zero soon
freep.com/story/money/cars/general-motors/2023/09/07/cruise-ceo-expects-government-approval-to-build-gms-self-driving-car/70788223007/
All-electric Escalade IQ to bow in August, GM says: Full-size luxury SUV to be built at Factory Zero Detroit-Hamtramck Assembly Center alongside other EVs.
detroitnews.com/story/business/autos/general-motors/2023/06/20/all-electric-escalade-iq-to-bow-in-august-gm-says/70336021007/
UAW intensifies fight against lower-wage GM subsidiary use inside plants: Spring Hill Assembly UAW fought to win back jobs in transition to EVs ...
detroitnews.com/story/business/autos/general-motors/2023/05/17/uaw-intensifies-fight-against-gm-subsidiary-use-inside-plants/70218268007/
General Motors to invest US$650 million in Lithium Americas: General Motors Co. has signed a deal to invest in Lithium Americas Corp. which is developing the ...
torontosun.com/business/money-news/general-motors-to-invest-us650-million-in-lithium-americas
The GMC Hummer EV SUV Is Finally Going Into Production: GMC has announced that the eagerly anticipated Hummer EV SUV variant went into production on Monday ...
robbreport.com/motors/cars/gmc-hummer-ev-suv-variant-production-begins-1234802129/
Redefining the 'corner-office philosophy': Why GM's renovated offices include pool table, game areas, treadmills
usatoday.com/story/money/cars/2022/12/27/gm-renovations-sustainable-workplaces/10947123002/
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