Reuters — About 5,000 General Motors salaried workers took buyouts to leave the company, putting the company well on the way to hitting a US$2 billion cost-cutting target, the automaker’s […] Read more
1.
Tag Archives gm
GM buyouts cut 5,000 jobs, CFO says
Not much more room seen to raise prices
GM’s truck production cut signals a turn in U.S. auto sales
Company to idle Indiana plant for two weeks
Detroit | Reuters — New vehicle sales in the United States are expected to increase in February, but the decision by General Motors to cut production of large pickup trucks […] Read more
GM recalls 825,000 trucks, SUVs over headlight issue
Recall includes 85,000 units in Canada
Washington | Reuters — General Motors said Wednesday it was recalling 825,000 trucks and SUVs in North America because daytime running lights may not deactivate when the headlights are on, […] Read more
Ford, GM upgrade their heavy-duty pickup profit machines
New features aimed at business productivity
Detroit | Reuters — Ford Motor Co. on Tuesday took the wraps off the latest version of its Super Duty pickup, providing a look at how the U.S. automaker will […] Read more
GM CEO says ‘we are selling every truck we can build’
Rising fuel prices not seen undermining big truck demand, yet
Detroit | Reuters — General Motors CEO Mary Barra said on Monday the automaker is “selling every truck we can build” and expanding North American truck-building capacity, even as U.S. […] Read more
GM ramps up EV push with plans to make battery materials in Canada
Automaker and BASF both plan CAM plants at Becancour
Reuters — General Motors and South Korea’s POSCO Chemical will build a $400 million facility to produce battery materials in Canada as the carmaker ramps up plans to produce mainly […] Read more
GM to chase rivals with US$105,000 electric Silverado
Less expensive retail Silverado EV to follow in 2024
Detroit | Reuters — General Motors’ US$35 billion electric vehicle strategy will face its biggest test in 2023 when it launches an electric version of its Chevrolet Silverado pickup with […] Read more
Electric truck battle heats up between Ford, GM
Ford to double output at Michigan
Detroit | Reuters — Ford Motor Co. said Tuesday it will nearly double annual production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles as the model has […] Read more
GM aims to tackle chip shortage with new designs
Chip-making investments to be in U.S., Canada
Reuters — General Motors aims to tackle the global semiconductor shortage with new designs built in North America, president Mark Reuss said on Thursday. Reuss told an investor conference GM […] Read more
GM says chip situation improving
All of automaker's pickup truck plants operating
Reuters — Top U.S. automaker General Motors said on Friday the semiconductor chip shortage that has hit production at automakers worldwide was abating, while reporting its first quarterly sales fall […] Read more
Cyber-Savvy Farmer
