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THE TRUTH ABOUT: General motors co - The Untold Story

GM buys SoftBank’s $2.1 Billion stake in Cruise self-driving unit

General Motors Co. bought out the SoftBank Vision Fund 1’s stake in self-driving startup Cruise LLC for $2.1 billion, ending the Japanese investment firm’s involvement in the business and giving the Detroit automaker 80% ownership.

Tribune News Service

Cadillac launching Lyriq production next week, adding Super Cruise updates over the air

Cadillac, General Motors Co.'s luxury brand, on Tuesday confirmed that limited production of its first-ever battery-electric vehicle, the Lyriq crossover, will begin Monday at GM's Spring Hill plant in Tennessee.

Tribune News Service

GM to turn EVs into back-up power sources in pilot with Pacific Gas and Electric

California-based Pacific Gas and Electric Co. and General Motors Co. said Tuesday they are launching a pilot program to use the automaker's electric vehicles as on-demand power sources for homes in the utility's service area.

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GM is beefing up its Washington team. Here's why

General Motors Co. is making several top-level hires to its Washington team as it seeks to influence Democratic policymakers who share its vision for an electric transportation future.

Tribune News Service

Wall Street is changing its mind about automakers like Ford and GM. Here's why

Wall Street has long taken a dim view of legacy automakers — but that's begun to change as the likes of Ford Motor Co. and General Motors Co. demonstrate they're serious contenders in the electric and digital revolution that's reshaping the automotive industry.

Tribune News Service

Cruise, GM seek NHTSA approval for commercial use of self-driving shuttle

General Motors Co. and Cruise LLC, the autonomous vehicle company it has a majority stake in, have filed an application with the National Highway Traffic Safety Administration to build and commercially deploy a self-driving shuttle.

Tribune News Service

GM to bring back Bolt production after months-long shutdown

General Motors Co. will bring back production of the Chevrolet Bolt EV and EUV the week of April 4 after a months-long shutdown as it worked through a recall on the products, the automaker told employees Tuesday.

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GM hires Biden niece, former Obama aide to head environment, sustainability and governance policy

General Motors Co. has hired Missy Owens, a former official in the Obama administration and niece of President Joe Biden, to head environment, sustainability and governance policy on its "growing team" in Washington, the automaker confirmed Wednesday.

Tribune News Service

General Motors Teeters At A Pivotal Level: Traders Beware

General Motors Co. (NYSE: GM) shares are trading lower Tuesday, but appear to have bounced off a key support level and have been holding above the level.

Benzinga

GM agrees to electrify medium-duty trucks with Lightning eMotors

General Motors Co. is collaborating with Colorado-based Lightning eMotors to fully electrify commercial vehicles for use in several applications, including school buses, shuttle buses, delivery and work trucks.

Tribune News Service

GM boosts profit through supply struggle, eyes EVs in '22 and beyond

General Motors Co. saw its way through several supply constraints last year and came out more profitable and ready to accelerate its electric vehicle plans.

Tribune News Service

Elon Musk slams Biden on Twitter over GM, Ford meeting

WASHINGTON — Tesla Inc. CEO Elon Musk ripped into President Joe Biden on Twitter Thursday over his meeting with General Motors Co. CEO Mary Barra and Ford Motor Co. CEO Jim Farley.

Tribune News Service

GM, Ford CEOs push EV credits and chip funding at White House

General Motors Co. CEO Mary Barra and Ford Motor Co. CEO Jim Farley urged passage of President Joe Biden's social safety net and climate policy bill at the White House Wednesday.

Tribune News Service

Autoworkers worry about GM's use of lower-paid employees to build EVs

As General Motors Co. prepares for its electric vehicle future with multibillion-dollar investments in Lansing, Orion Township and elsewhere, autoworkers worry about the growing number of employees making less than traditional union-represented employees at the Detroit automaker.

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GM wins tax abatement for potential $1.3B EV investment at Orion plant

Orion Township, Michigan officials on Tuesday approved a tax abatement for a proposed $1.3 billion investment by General Motors Co. to build electric vehicles at its Orion Assembly plant in Lake Orion.

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