GM's CEO no longer highest paid Detroit auto executive: GM CEO Mary Barra made $27.8 million in 2023, behind Stellantis NV CEO Carlos Tavares' compensation.
detroitnews.com/story/business/autos/general-motors/2024/04/24/gm-ceo-no-longer-highest-paid-detroit-auto-executive/73411377007/
$GM | General Motors' Potential In EV Transformation Weighed By Analysts After Q1 Beat- Was This a 'Prove Me' Quarter For CEO Mary Barra?
Analysts scrutinize ... Show more
General Motors (GM) Ends OnStar Smart Driver Program After Privacy Complaints: General Motors Co. has ended its OnStar Smart Driver program after customers ...
bloomberg.com/news/articles/2024-04-24/gm-ends-onstar-driver-safety-program-after-privacy-complaints
GM reports 1st quarter earnings increased on retail sales of trucks, improved EV sales.
freep.com/story/money/cars/general-motors/2024/04/23/gm-first-quarter-profit-boosts-full-year-outlook/73409559007/
GM will relocate headquarters from RenCen to Detroit's new Hudson's building: GM CEO Mary Barra and Rocket Companies CEO Dan Gilbert announced that GM will move ...
freep.com/story/money/cars/general-motors/2024/04/15/gm-headquarters-rencen-detroit-hudsons-tower/73328040007/
GM Doubles Down on Fresh EV Product, But It Has a (Gas) Ace Up Its Sleeve: GM leadership claims production and software hiccups are resolved, and its now full ...
motortrend.com/news/2024-general-motors-earnings-ultium-ev-production-headaches-over/
General Motors: Inspired by strong numbers: GM beats Q1 expectations with strong profit and raises full-year forecast despite China losses.
deraktionaer.de/artikel/aktien/general-motors-starke-zahlen-befluegeln-20355956.html
The smile is back at the Löwen Braunschweig: One of ten assists: Playmaker Ahmaad Rorie led the Basketball Lions Braunschweig to their first win after five ...
braunschweiger-zeitung.de/sport/loewen/article242099174/Das-Laecheln-ist-zurueck-bei-den-Loewen-Braunschweig.html
Paid articlePaid
The Tesla Cybertruck's front trunk can seriously injure misplaced fingers and the internet is on it
qz.com/tesla-cybertruck-front-trunk-frunk-injury-fingers-1851376456
Paid articlePaid
Here's the story of how Warren Buffett bought his new Cadillac: Warren Buffett has been driving a Cadillac for decades and only decided to replace his 2006 model ...
businessinsider.de/wirtschaft/international-business/hier-ist-die-geschichte-wie-warren-buffetts-seinen-neuen-cadillac-kaufte/
Warren Buffett's Cadillac upgrade involved GM chief, police, free hat: Warren Buffett upgraded his Cadillac in 2014 after GM's CEO sold him on the idea ...
businessinsider.com/warren-buffett-cadillac-car-upgrade-gm-barra-berkshire-hathaway-police-2024-3
Paid articlePaid
The struggling battery factory behind GM’s electric vehicle problems: The transition has run into many delays, including automation issues and software glitches ...
bloomberg.com/news/articles/2024-03-19/gm-s-electric-car-future-rides-on-automated-battery-factory-growth
Paid articlePaid
Mary Barra on EVs, Cruise, China, and More: General Motors’ Mary Barra has overseen rapid change at the auto maker. What she got right ...
on.barrons.com/3UYQIaM
GM says its new Chevy Bolt EV will save billions with more affordable LFP batteries
electrek.co/2024/02/28/gms-new-bolt-ev-save-billions-affordable-lfp-batteries/
Derby defeat: Only one trio convinces at Löwen Braunschweig: This hasn't happened often enough in Göttingen at the Basketball Lions Braunschweig: The strong ...
braunschweiger-zeitung.de/sport/loewen/article242008272/Derbypleite-Nur-ein-Trio-ueberzeugt-bei-Loewen-Braunschweig.html
Paid articlePaid
GM is bringing back its electric Chevy Blazer — with cheaper prices: The Detroit carmaker pulled the electric SUV in December over a series of software problems
qz.com/gm-chevy-blazer-ev-suv-cheap-price-sale-1851321232
Paid articlePaid
3 things GM needs to win over shareholders, according to CEO Mary Barra: The veteran auto executive is betting big on an electric vehicle revolution
qz.com/general-motors-gm-ceo-mary-barra-three-things-ev-cruise-1851371320
Paid articlePaid
Howes: Why Barra's 10-year rebuild of GM remains unfinished business: Barra's moves are so stunning because they're so uncharacteristic of an automaker whose ...
detroitnews.com/story/business/columnists/daniel-howes/2024/02/14/howes-why-barras-10-year-rebuild-of-gm-remains-unfinished-business/72575694007/
Mary Barra: GM’s Chair and CEO Offers No-Nonsense Inspiration : Barra inspires by example and her personal commitment to diversity, equity, and inclusion.
motortrend.com/features/mary-barra-gm-chair-ceo-promotes-diversity-equity-inclusion/
General Motors: Share shortly before buy signal: GM stock is up 7% this week and is approaching resistance last this high in April 2022.
deraktionaer.de/artikel/aktien/general-motors-aktie-kurz-vor-kaufsignal-20353613.html
GM stops sale of 2024 Chevrolet Colorado, GMC Canyon pickups due to more software problems
freep.com/story/money/cars/general-motors/2024/02/20/gm-orders-stop-sale-of-2024-chevrolet-colorado-gmc-canyon-pickups/72665743007/
GM hires former Tesla exec Kurt Kelty to help it make EVs more affordable: GM CEO Mary Barra promised Wall Street GM would finally achieve profits from its EVs ...
freep.com/story/money/cars/general-motors/2024/02/08/gm-hires-kurt-kelty-former-tesla-executive-ev-batteries/72520818007/
Chevy Blazer EV sales are still halted as GM looks to get back on track: Those looking to get their hands on GM’s highly anticipated Chevy Blazer EV may have to ...
electrek.co/2024/02/15/chevy-blazer-ev-sales-still-halted-gm-back-on-track/
Companies are learning that with great union pay raises comes a great price to pay
theglobeandmail.com/business/commentary/article-companies-are-learning-that-with-great-union-pay-raises-comes-a-great/
It’s Time For GM To Prove It Can Mass Produce EVs: General Motors is having a miserable time scaling its Ultium platform electric vehicles.
jalopnik.com/it-s-time-for-gm-to-prove-it-can-mass-produce-evs-1851263879
GM Bringing Back Plug-In Hybrids, Chevy Equinox Could Be the First: CEO Mary Barra said the upcoming PHEV powertrain for the U.S. is already in production ...
caranddriver.com/news/a46818216/gm-plug-in-hybrid-chevrolet-equinox/
GM, Ford chiefs open to EV partnerships to compete with China: (Reuters) -- The chief executives of U.S. automakers Ford Motor and General Motors said on ...
asia.nikkei.com/Business/Automobiles/GM-Ford-chiefs-open-to-EV-partnerships-to-compete-with-China
GM Reverses All-In EV Strategy to Bring Back Plug-In Hybrids: The EV craze is butting up against limited demand, and it's forcing General Motors to bring ...
thedrive.com/news/gm-reverses-all-in-ev-strategy-to-bring-back-plug-in-hybrids
Quick Glance: Software Woes Hindering Electric Vehicle Transition
- General Motors is working to resolve software issues in key electric vehicles.
- Car software bugs can be not just annoying but life-threatening.
- Various automakers are delaying new EVs due to software problems.
- Traditional automakers are struggling to adapt to software demands and restructure.
General Motors is switching gears on its EV strategy: CEO Mary Barra announced that it is getting back into a key EV alternative.
thestreet.com/electric-vehicles/general-motors-is-switching-gears-on-its-ev-strategy
GM Dealers Want Hybrids For Customers Who Aren’t Ready For EVs: Dealers are begging GM to introduce hybrid models as a middle ground between gas models and the ...
jalopnik.com/gm-dealers-want-hybrids-for-customers-who-aren-t-ready-1851205866
GM looks for a road out of Tesla's shadow: General Motors (GM.N) CEO Mary Barra on Tuesday will face the challenge of convincing investors the No. 1 U.S ...
reuters.com/business/autos-transportation/gm-looks-road-out-teslas-shadow-2024-01-29/
GM to halve spending on troubled robotaxi unit Cruise in 2024: General Motors (GM.N) said Tuesday it is cutting spending in half on troubled robotaxi unit Cruise ...
reuters.com/business/autos-transportation/gm-halve-spending-troubled-robotaxi-unit-cruise-2024-2024-01-30/
EV Slowdown Turns the Table for Leaders and Laggards: Volvo and GM are rewarded for cutting their losses, while Tesla and BYD’s valuations have come under ...
bloomberg.com/news/newsletters/2024-02-02/ev-slowdown-turns-the-table-for-leaders-and-laggards
GM slashes Cruise spending by $1 bn amid regulatory scrutiny, commits to self-driving vision
wionews.com/business-economy/gm-slashes-cruise-spending-by-1-bn-amid-regulatory-scrutiny-commits-to-self-driving-vision-685396
What GM's earnings and stock bump mean for the economy: CEO Mary Barra says the auto industry will do well in 2024
qz.com/gm-earnings-stock-mary-barra-economy-1851208942
Paid articlePaid
GM dealers think the automaker should bring back hybrids. But will it happen?: GM CEO Mary Barra says the automaker has the tech to bring back hybrids but the ...
detroitnews.com/story/business/autos/general-motors/2023/12/21/gm-dealers-think-the-automaker-should-bring-back-hybrids-but-will-it-happen/71936959007/
Barra: GM still planning to be all-electric by 2035: The automaker's CEO says GM will stick to its plans but adjust with customer demands.
detroitnews.com/story/business/autos/general-motors/2023/12/04/barra-gm-still-planning-to-be-all-electric-by-2035/71678366007/
Car Ownership Is Too Expensive For Americans Because What Are You Gonna Do, Not Have A Car?
jalopnik.com/car-ownership-is-too-expensive-for-americans-because-wh-1851208716
Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.: The CEO pushed GM hard into electric and driverless cars. The finish line keeps moving farther ...
on.wsj.com/3ttNLn3
GM said 2023 would be 'a breakout year' for EVs. But demand has fallen sharply.: After pledging to spend $35 billion on development from 2020 to 2025 ...
businessinsider.com/gm-ceo-2023-breakout-year-ev-demand-fallen-sharply-2023-12
GM CEO Mary Barra's big message to investors: The stock is undervalued: GM chair and CEO Mary Barra talks with Yahoo Finance about the road ahead after the UAW ...
finance.yahoo.com/news/gm-ceo-mary-barras-big-message-to-investors-the-stock-is-undervalued-181016180.html
Quick Glance: GM Announces $10 Billion Stock Buyback and Dividend Increase
- GM plans to raise the quarterly dividend next year by 33% to 12 cents per share; launch an accelerated $10 billion repurchase program; and reinstate its 2023 forecast to include an estimated EBIT-adjusted impact from six weeks of U.S. labor strikes.
- GM CEO Mary Barra stated that the company is finalizing a budget for next year to fully offset the additional costs of new labor agreements.
- Net income for stockholders of $9.1 billion to $9.7 billion, compared to a previous outlook of $9.3 billion to $10.7 billion.
- Adjusted earnings per share of approximately $7.20 to $7.70 including the stock buyback, compared to the previous outlook of $7.15 to $8.15.
How to End Work Meetings the Right Way: Tips & Tricks: Without a proper conclusion, meetings can leave employees confused and unproductive.
bloomberg.com/news/newsletters/2023-12-12/how-to-end-work-meetings-the-right-way-tips-tricks
GM's Barra reboots her 10-year effort to lift stagnant shares
reuters.com/business/autos-transportation/gms-barra-reboots-her-10-year-effort-lift-stagnant-shares-2023-12-14/
Chevy marketing executive could be next Miss Michigan USA: Chevy marketer Jenna Holt will compete to be Miss Michigan next year, hoping a win will give her a ...
freep.com/story/money/cars/general-motors/2023/12/20/chevy-jenna-holt-miss-michigan-dress-for-success/71916906007/
GM CEO Barra discusses what she sees as GM's 'game changer' and her future at GM: In a sweeping interview with the Economic Club of Washington, D.C. ...
freep.com/story/money/cars/general-motors/2023/12/14/gm-ceo-barra-talks-gms-game-changer-and-her-future-at-gm/71891831007/
GM confirms 2025 launch date for next-gen Chevy Bolt EV: Finally, GM’s CEO Mary Barra announced when we can expect the next-gen Chevy Bolt EV to hit the market ...
electrek.co/2023/12/05/gm-confirms-2025-launch-date-next-gen-chevy-bolt-ev/
GM 'focused on righting' ship at self-driving Cruise unit -CEO: General Motors (GM.N) CEO Mary Barra said on Monday the Detroit automaker is "very focused on ...
reuters.com/business/autos-transportation/gm-focused-righting-ship-self-driving-cruise-unit-ceo-2023-12-04/
Cruise is in danger of becoming GM's latest trendy venture that doesn't pay off: Cruise has quickly gone from one of GM's greatest business opportunities to a ...
cnbc.com/2023/12/15/cruise-looks-like-gm-latest-failed-bet-on-trendy-venture.html
Quick Glance: GM's Cruise Cuts 900+ Jobs After Recall of Robotaxis
- General Motors' Cruise autonomous vehicle unit is cutting over 900 jobs to reduce costs and revamp after a serious accident in San Francisco and subsequent regulatory scrutiny.
- Last month, the company recalled all its robotaxis tested on California roads, with regulators accusing Cruise of concealing the incident's severity.
- The job cuts come after Cruise confirmed that nine key leaders are no longer with the company amid an ongoing investigation into an October crash involving a driverless robotaxi.
- Long-term employees will receive two weeks of extra pay for each year at the company over three years.
GM boss Mary Barra’s high-tech bet unraveling after Kyle Vogt departs as CEO of embattled Cruise robo-taxi unit
fortune.com/2023/11/20/gm-mary-barra-kyle-vogt-cruise-robotaxi-self-driving-cars/
Paid articlePaid
On This Day, Dec. 10: Mary Barra becomes 1st woman to lead major automaker - UPI.com
upi.com/Top_News/2023/12/10/On-This-Day-Mary-Barra-becomes-1st-woman-to-lead-major-automaker/5861702144209/
G.M. to Cut Spending on Cruise Self-Driving Unit: General Motors will “substantially lower spending” on autonomous vehicle efforts in 2024 after accidents with ...
nytimes.com/2023/11/29/technology/cruise-general-motors.html
9 people gone from Cruise amid ongoing investigation related to pedestrian accident
freep.com/story/money/cars/general-motors/2023/12/13/9-cruise-officials-gone-from-gm-subsidiary-amid-safety-investigation/71912893007/
Quick Glance: GM's Cruise Announces Layoffs: What You Need to Know
- GM's Cruise to lay off 900 employees, equivalent to 24% of its workforce.
- The company had a total of 3,800 employees before the layoffs.
- Impacted employees to receive paychecks until Feb. 12 and at least an additional eight weeks of pay, along with tenure-based severance.
- Providing support to impacted employees with strong severance and benefits packages and expressing gratitude to departing employees for their crucial roles.
Chevrolet Confirms When The Next Bolt EV Will Return: During an Automotive Press Association event attended by Automotive News, General Motors CEO Mary Barra con ...
carbuzz.com/news/chevrolet-confirms-when-the-next-bolt-ev-will-return
A peek behind the scenes: The night GM CEO Mary Barra signed the UAW tentative agreement
eu.freep.com/story/money/cars/general-motors/2023/11/04/behind-the-scenes-gm-signed-uaw-tentative-agreement/71455556007/
Warren Buffett’s Berkshire Hathaway dumped all of its GM stock: The Buffett-led conglomerate shed all 22 million shares of General Motors
qz.com/warren-buffett-s-berkshire-hathaway-dumped-all-of-its-g-1851023437
General Motors to mandate office work for at least three days a week.: General Motors has issued a mandate that employees who live within 50 miles of the office ...
businessinsider.com/general-motors-bring-back-employees-to-office-three-days-week-2023-12
GM CEO Confirms New Chevy Bolt For 2025: Speaking at the Automotive Press Association in Detroit, GM CEO Mary Barra told the crowd she’s heard just how much ...
autoguide.com/auto/auto-news/gm-ceo-confirms-new-chevy-bolt-for-2025-44608627
CEO: GM to ‘substantially’ reduce Cruise investment after S.F. crash: General Motors plans to “substantially” scale back investments into the company’s Cruise ...
sfchronicle.com/sf/article/cruise-gm-investments-mary-barra-18521623.php
General Motors: Annual outlook boosts shares: General Motors raises its 2023 profit forecast and announces a dividend increase and $10 billion in share buybacks.
deraktionaer.de/artikel/aktien/general-motors-jahresausblick-befluegelt-die-aktie-20344612.html
GM Executives Detail UAW Deals’ $575-per-Car Costs: CEO Mary Barra and her team expect to be able to cut costs and spending to absorb the financial impact of the ...
industryweek.com/leadership/companies-executives/article/21278190/gm-executives-detail-uaw-deals-575-per-car-costs
Paid articlePaid
Ford's UAW deal shows workers can sometimes get what they want: GM and Stellantis are in talks with the UAW after it secured pay rises for workers at Ford ...
businessinsider.com/ford-uaw-strike-deal-workers-sometimes-get-what-they-want-2023-10
Quick Glance: UAW reaches preliminary contract agreement with Ford
- The four-year contract, which still needs to be approved by 57,000 union members at the company, could bring an end to the union's series of strikes at targeted factories run by Ford, General Motors, and Jeep maker Stellantis.
- The agreement with Ford could set the framework for agreements with the other two automakers, where workers will remain on strike.
- The UAW called on all workers at Ford to return to their jobs and said that will put pressure on GM and Stellantis to negotiate.
- "We told Ford to step up, and they did," said President Shawn Fain in a video address to members.
Union wage gains could threaten transition to electric vehicles: New contracts will raise production costs as automakers transition to EVs amid stiff competition ...
theglobeandmail.com/business/commentary/article-union-wage-gains-could-threaten-transition-to-electric-vehicles/
Paid articlePaid
Barra says GM offered to put Ultium plants 'under scope' of UAW master agreement: GM CEO Mary Barra says automaker agreed to put Ultium Cells LLC JV plants ...
detroitnews.com/story/business/autos/general-motors/2023/10/24/gm-ceo-explains-what-the-automaker-agreed-to-on-battery-plants/71298859007/
GM, Honda scrap plans to co-develop 'affordable' sub-$30,000 EVs: The cancellation by GM and Honda is the latest in a growing number of decisions by automakers ...
cnbc.com/2023/10/25/gm-honda-scrap-plans-to-co-develop-affordable-sub-30000-evs.html
Why GM is reviving the Bolt, the best-selling EV it almost discontinued: GM CEO Mary Barra shared more details about the company's plan to overhaul ...
cnbc.com/2023/10/24/general-motors-chevrolet-bolt-ev-ultium.html
GM's Mary Barra accuses UAW of 'theatrics' and demands they get back to bargaining table
freep.com/story/money/cars/general-motors/2023/09/29/gm-ceo-mary-barra-lashes-out-at-the-uaw-in-a-strongly-worded-statement/71008244007/
Quick Glance: GM and Ford CEOs Clash with UAW as Union Expands Strikes
- GM and Ford CEOs criticize United Auto Workers (UAW) as the union escalates the strike.
- UAW chief Shawn Fain responds by expanding the strike against the Detroit Three.
- Fain orders walk-offs at Ford's Chicago assembly plant and GM's Lansing, Michigan, assembly plant.
- Ford is reconsidering the size and scope of the $3.5 billion Marshall battery plant due to uncertainty over labor costs.
Cruise’s Suspension Marks a Setback for GM CEO Barra’s Vision: A couple of hours after Chief Executive Officer Mary Barra finished telling Wall Street analysts ...
bloomberg.com/news/articles/2023-10-28/cruise-s-suspension-marks-a-setback-for-gm-ceo-barra-s-vision
Chevrolet Equinox EV and GM Electrified Pickups Delayed: Following news that production of the Chevrolet Silverado EV would be delayed ...
thetruthaboutcars.com/cars/news-blog/chevrolet-equinox-ev-and-gm-electrified-pickups-delayed-44503435
GM Shares Second-Gen Chevrolet Bolt Successor Details: General Motors CEO Mary Barra has shared more information about the next-generation Chevrolet Bolt EV ...
carbuzz.com/news/gm-shares-second-gen-chevrolet-bolt-successor-details
Why GM is reviving the Bolt, the best-selling EV it almost discontinued: GM CEO Mary Barra shared more details about the company's plan to overhaul ...
cnbc.com/2023/10/24/general-motors-chevrolet-bolt-ev-ultium.html
UAW isn't the problem, it's automakers, big corporations | Letters to the Editor: The UAW strike, how recycling choices can hurt animals, the magic of polka and ...
freep.com/story/opinion/readers/2023/10/15/uaw-cheeto-the-dog-period-products-michigan-schools/71171250007/
Musk Weighs In On CEO Pay, Takes Aim At Mary Barra’s Salary - Lucid Gr (NASDAQ:LCID), Tesla (NASDAQ:TSLA)
benzinga.com/news/23/09/34836271/elon-musk-weighs-in-on-ceo-pay-again-now-takes-aim-at-gms-mary-barras-salary
GM’s Electric and Autonomous Future Dims in the Course of a Day: Thanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.
bloomberg.com/news/newsletters/2023-10-25/gm-s-electric-and-autonomous-future-dims-in-the-course-of-a-day
General Motors: Strikes cause sharp drop in profits: Since mid-September, the downward pressure on the shares of the US car manufacturer General Motors has ...
deraktionaer.de/artikel/mobilitaet-oel-energie/general-motors-streiks-sorgen-fuer-heftigen-gewinneinbruch-20341846.html
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 CEO Marry Barra tells CNN she’s ‘frustrated’ about the strike: General Motors CEO Mary Barra said she’s “frustrated” with the autoworker strike that began ...
cnn.com/2023/09/15/business/mary-barra-gm-ceo-uaw-strike-interview/
UAW strike day 6: With sides far apart, GM president seeks to debunk 'myths' from union
detroitnews.com/story/business/autos/2023/09/20/uaw-strike-day-6-general-motors/70908331007/
Sky-high CEO pay is in focus as workers everywhere are demanding higher wages: As autoworkers' real wages fall, top executives at the Big Three carmakers ...
npr.org/2023/09/13/1198938942/high-ceo-pay-inequality-labor-union-uaw-workers
UAW Strike: How much CEOs at Ford, GM, and Stellantis are paid: GM CEO Mary Barra's compensation was worth $29 million in 2022, while Ford CEO James Farley ...
businessinsider.com/uaw-strike-automaker-ceo-pay-focus-of-union-negotiations-2023-9
GM CEO Mary Barra reacts to the UAW strike which began after the union and the automakers failed to reach a deal on a new labor contract Thursday night. cnb.cx/3rkRZwb
Quick Glance: UAW resumes talks with Stellantis, Chrysler's parent company
- The United Auto Workers and Stellantis have resumed their negotiations as the strike against the Detroit Three automakers enters its fourth day.
- Analysts and industry representatives are questioning how long it will take for the UAW to strike at additional locations to increase pressure on the automakers.
- The strikes have halted production at plants in Michigan, Ohio, and Missouri that manufacture the Ford Bronco, Jeep Wrangler, Chevrolet Colorado, and other popular models.
- Ford has temporarily laid off 600 non-striking workers at the Michigan Bronco plant due to the impact of the work stoppage.
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics