General Motors

New Corvette
General Motors
July 19, 2019 - 9:05 am
By Peter Valdes-Dapena, CNN Business (CNN) -- General Motors has unveiled the eighth generation of the Chevrolet Corvette. The model is, arguably, the biggest change for the Corvette since the sports car was first introduced in 1953. The Corvette has changed a lot over the years, but it has always...
Read More
In this May 10, 2019, file photo a container ship is unloaded at the Virginia International Gateway terminal in Norfolk, Va.
Steve Helber/AP Photo, File
May 31, 2019 - 8:46 am
By Michelle Chapman, AP Business Writer The surprise announcement by President Donald Trump of an escalating tariff regime against Mexico is sending ripples through almost every economic sector in the U.S., pulling at the shares of companies that make cars, operate railroads, or sell anything with...
Read More
Fiat logo
Gene J. Puskar/AP, file
May 27, 2019 - 11:03 am
PARIS (AP) — Fiat Chrysler proposed on Monday to merge with France's Renault to create the world's third-biggest automaker and combine their investments in the race to make new electric and autonomous vehicles. The merged company would reshape the global industry: it would make some 8.7 million...
Read More
Mark Blinch/Reuters via CNN
January 04, 2019 - 10:25 pm
By Peter Valdes-Dapena (CNN) -- Some year soon, the late-night food delivery from your local restaurant might arrive at your front door without the delivery guy. General Motors' subsidiary Cruise Automation, which makes technology for self-driving cars, has teamed up with food delivery company...
Read More
General Motors CEO Mary Barra speaks to reporters after a meeting with Sen. Sherrod Brown, D-Ohio, and Sen. Rob Portman, R-Ohio, to discuss GM's announcement it would stop making the Chevy Cruze at its Lordstown, Ohio, plant.
AP Photo/J. Scott Applewhite
December 10, 2018 - 9:17 am
WASHINGTON (AP) — General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker tries to deal with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers. Preserving the $7,500 tax incentive...
Read More
Trump says he was 'very tough' on GM's Barra over plant closures
Susan Walsh/AP
November 27, 2018 - 9:50 am
By Kevin Liptak, CNN (CNN) -- President Donald Trump publicly chastised General Motors CEO Mary Barra on Monday over her decision to close four plants in the US because of sagging demand for sedans. The President, speaking to reporters on his way to a pair of campaign stops in Mississippi, said he'...
Read More
In this June 10, 2011, file photo, a worker checks the paint on a Camaro at the GM factory in Oshawa, Ontario.
Frank Gunn/The Canadian Press via AP, File
November 26, 2018 - 11:05 am
By Tom Krisher and Rob Gillies, Associated Press DETROIT (AP) — General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles. The reduction includes...
Read More
General Motors
(AP Photo/Paul Sancya, File)
October 03, 2018 - 4:49 pm
(AP) -- General Motors and Honda are teaming up on self-driving vehicle technology as big automakers and tech giants race to develop the next generation of personal transportation. Japan's Honda Motor Co. will invest $2.75 billion in the autonomous vehicle unit run by General Motors Co., called GM...
Read More
General Motors headquarters, Renaissance Center in Detroit
May 31, 2018 - 10:17 am
By Chris Isidore and Peter Valdes-Dapena (CNN Money) -- Japan's Softbank is pouring more money into the future of American cars. Softbank will invest $2.25 billion in General Motors' autonomous vehicle efforts, months after it took a large ownership stake in Uber . GM announced it is also investing...
Read More