Auto Industry Detroit GM Motoring 
Teslarati
JUNE 9, 2023
Tesla shares ( NASDAQ:TSLA ) surged over 5% on Friday amidst investors’ positive sentiments following the announcement that General Motors would be joining Ford in adopting the Texas-based EV maker’s North American Charging Standard (NACS) for its electric cars. “This is a major win for Tesla. 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. Terms of the sale were not disclosed.
Teslarati
FEBRUARY 2, 2022
According to the Tesla supporters, the US President has shown a tendency to ignore Tesla’s leadership, with Biden instead propping up veteran automakers like General Motors as leaders in the country’s EV movement. Credit: General Motors. “In the auto industry, Detroit is leading the world in electric vehicles.
Green Car Congress
JULY 6, 2009
Judge Robert Gerber of the US Bankruptcy Court for the Southern District of New York approved the sale of substantially all of General Motors Corporation’s assets to NGMCO, Inc., will change its name to General Motors Company and continue to operate under GM’s historic corporate and sub brands. The old GM: 10%.
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
FEBRUARY 3, 2009
General Motors is working with communities such as San Francisco to develop a plan of action to establish the supporting technical and policy infrastructure required for broad commercialization of plug-in electric vehicles such as the upcoming Chevrolet Volt. GM described its approach at the Washington Auto Show. Earlier post.).
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