Teslarati
JUNE 9, 2023
The move by the two Detroit giants is seen as a major boost for Tesla, whose Supercharger Network has been a difference-maker in the EV ownership experience of its consumers. Tesla bull Dan Ives of Wedbush Securities dubbed GM’s adoption of the NACS as a notable tailwind for the electric vehicle maker. per share on Friday.
Teslarati
SEPTEMBER 20, 2023
General Motors (GM) has shut down a manufacturing plant in Kansas and laid off the site’s roughly 2,000 workers after the automaker stated plans to do so last week. The news comes as the latest amidst strikes from the United Auto Workers (UAW) union targeting Ford, GM and Stellantis. We have delivered a record offer.
Green Car Congress
JULY 8, 2010
General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Girsky, GM vice chairman, Corporate Strategy and Business Development.
Green Car Congress
JULY 6, 2009
The approval marks a necessary step toward the emergence of GM from bankruptcy; the US Treasury has said it would halt funding to GM if the asset sale was not concluded by 10 July. will change its name to General Motors Company and continue to operate under GM’s historic corporate and sub brands. The old GM: 10%.
Teslarati
FEBRUARY 2, 2022
“In the auto industry, Detroit is leading the world in electric vehicles. I can remember your dramatic announcement that by 2035, GM would be 100% electric. You electrified the entire automotive industry. share of the US EV market in the fourth quarter. . Credit: General Motors. You know how critical it is?
Green Car Congress
JANUARY 4, 2012
Relative to the last downturn, operating profiles are more resilient as a result of capacity reduction, lower fixed costs, and a more manageable labor cost structure linked to the recently ratified United Auto Workers (UAW) contracts. —“2012 Outlook: US Auto Manufacturers and Suppliers”. than was seen in 2010 and 2011.
Green Car Congress
JUNE 23, 2009
According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. According to the report, “Fixing Detroit: How Far, How Fast, How Fuel Efficient?” mpg) would increase Detroit automakers’ gross profits by roughly $3 billion per year and increase sales by the equivalent of two large assembly plans.
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