GM News Updates

Government, Business

Hope of Coming Back to Shuttered GM Plant Fades for Workers

Many former Lordstown assembly plant workers now spread across GM factories in seven states were hoping that the automaker would agree during contract talks to revive production that ended in March and rescue their old jobs. But that hope is dwindling.

September 27, 2019
Business

GM Reverses Course, Says Strikers Will Keep Health Coverage

DETROIT 鈥 General Motors now says striking workers will get company-paid health insurance, nine days after telling the union that coverage would be cut off.

September 26, 2019
Business

GM Strike Risk at 12-Year High With Weekend Deadline Approaching

Union leaders from General Motors Co. factories across the country are flying into Detroit this weekend to either agree to take a proposed labor contract offered by the automaker to their members for a vote, or go on strike.

September 11, 2019
Business

GM Plots Temp-Worker Push With Union Still Seething Over Doomed Plants

General Motors Co. wants to hire more temporary workers at U.S. plants and trim its health care costs, said people familiar with the automaker鈥檚 thinking. Its union 鈥 still steaming over the carmaker鈥檚 plans to close four U.S. factories 鈥 has little interest in obliging.

June 19, 2019
Business, Fuel, TCA

Not a PR Stunt: GM Still Hopes to Sell Lordstown Plant to Workhorse

General Motors CEO Mary Barra said June 5 that the company still hopes to sell its Lordstown, Ohio, assembly plant to Workhorse Group, an electric-vehicle start-up, although questions have been raised about that company鈥檚 financial wherewithal.

June 6, 2019
Business, Technology

GM鈥檚 Mark Reuss: Electric Cars Will Be Average Cost 鈥 and Profitable

General Motors Co. is making a big claim about its future electric cars: The automaker will be able to sell them at 鈥渧ery average transaction prices鈥 and be profitable, GM President Mark Reuss said in a presentation June 5.

June 5, 2019
Government, Business, Equipment, Logistics

News of GM Plant Sale Leaves Union Unhappy

The president of United Auto Workers Local 1112 in Lordstown 鈥 whom Trump attacked on Twitter two months ago 鈥 is among a handful of workers whose job is to do maintenance at the inactive compact car factory that made its last Chevrolet Cruze in March. He was left in the dark about GM鈥檚 talks to sell the factory.

May 9, 2019
Business, Technology, Autonomous

GM Self-Driving Unit鈥檚 Valuation Swells to $19 Billion

General Motors Co.鈥檚 self-driving unit drew $1.15 billion in fresh investment, with T. Rowe Price Associates Inc. joining existing backers, including Honda Motor Co. and SoftBank Vision Fund.

May 7, 2019
Business, Technology

GM Beats Profit Estimates With a Raise From Lyft

General Motors Co. needed a little help from ride-hailing company Lyft Inc. to beat analysts for first-quarter profit as cost cuts only partially made up for lower sales.

April 30, 2019
Business, Technology

GM Talks With Amazon-Backed Electric Truck Maker Said to Collapse

Talks between General Motors Co. and electric-vehicle startup Rivian Automotive Inc. about the largest U.S. carmaker buying an equity stake have reached an impasse and may be dead, sources familiar with the matter said.

April 12, 2019