General Motors Co. said it reached an agreement with partner LG Electronics Inc. to recover from the South Korean company $1.9 billion of the $2 billion in costs for a recall of batteries in its Chevrolet Bolt electric vehicle.
October 12, 2021Business, Equipment, Safety, Fuel
GM Gets LG to Cover $1.9 Billion in Bolt EV Recall Costs
Business, Technology, Fuel, Autonomous
GM Vows to Surpass Tesla in Electric Vehicle Sales
WARREN, Mich. — General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most tasks on the road.
October 6, 2021Business, Technology, Fuel, Autonomous, TCA
GM’s Future EVs Get Range Boost With Wolfspeed Deal
General Motors’ future electric vehicles will offer more range on a single charge and charge faster because of a new supplier agreement it announced with Wolfspeed Inc.
October 4, 2021Business, Technology, Equipment, Fuel
GM Debuts Midsize Electric Delivery Van
General Motors Co.’s electric van unit plans to build a new midsized cargo hauler called the EV410, and has signed up Verizon Communications Inc. as the first buyer, the company said Sept. 28.
September 28, 2021Business, Technology, Equipment
GM Plans ‘Substantial Shifts’ in Supply Chain as Chip Shortage Persists
General Motors Co. is planning to revamp its supply chain as the pandemic-triggered chip shortage and rising demand for chip-intensive vehicles have demonstrated the need for an overhaul.
September 20, 2021Business, Technology, Fuel
GM Looking at LG to Pay for Battery Recall
The long-distance relationship between General Motors Co. and its battery partner, LG Energy Solution, is being tested like never before. At issue: who will pick up a roughly $1 billion tab for the recall of 73,000 Bolt EVs.
August 23, 2021Government, Business
Workers at Mexico GM Plant Oust Union
MEXICO CITY — Workers at a General Motors plant in Mexico have voted to end a collective bargaining contract negotiated by an old-guard union accused of intimidation tactics in earlier votes. It was an early display of the effectiveness of labor mechanisms negotiated under the U.S.-Mexico-Canada Trade Agreement.
August 19, 2021Business, Equipment
Despite Chip Shortage, GM Posts $2.8 Billion Profit
DETROIT — Despite a computer chip shortage that temporarily closed some of its factories, General Motors made a healthy $2.8 billion net profit in the second quarter.
August 4, 2021Business, Technology, Autonomous
GM Sues Ford in Fight Over Branding of Self-Driving Cars
General Motors Co. is suing its competitor Ford Motor Co. for violating a trademarked driver-assist technology that’s used for hands-free features, according to a lawsuit.
July 26, 2021Government, Business, Technology, Safety
GM Issues Second Bolt Recall for Faulty Batteries
DETROIT — General Motors is recalling some older Chevrolet Bolts for a second time to fix persistent battery problems that can set the electric cars ablaze.
July 23, 2021