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General Motors to Move from Long-Running Detroit HQ Into a New Location Across Town

The Truth About Cars

Automakers have an impact on industries that reach far beyond cars and drivers. Real estate is one area where the sector has a significant footprint, and one of the industry’s biggest names is making waves in Detroit’s downtown. Image: Linda Parton via Shutterstock] Become a& TTAC& insider.

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Automotive industry develops new guidance for measuring recycled content of automotive products

Green Car Congress

The Suppliers Partnership for the Environment (SP) and the Automotive Industry Action Group (AIAG) have published a new guidance document, “ Measuring Recycled Content of Automotive Products.”. R3: Recycled portion of purchased raw material, including materials recovered or generated by other industries.

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Talegaon plant workers likely to drop legal options, Hyundai close to GM plant acquisition | Autocar Professional

Baua Electric

When contacted, the General Motors Employees Union’s president, Sandeep Bhegade told Autocar Professional that the union is currently in talks with the management to reach a swift resolution to the issue. The General Motors workers union had filed two writ petitions in the Mumbai High Court.

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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co., Credit Suisse is acting as exclusive financial advisor and Shearman & Sterling is acting as international legal counsel to Tengzhong on this transaction. Citi is acting as financial advisor to GM.

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Hyundai India completes acquisition of GM’s Talegaon plant, signs MoU with Maha govt | Autocar Professional

Baua Electric

Hyundai Motor India Ltd. HMIL) has completed the acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. Un Soo Kim, MD and CEO, Hyundai Motor India Ltd. in Davos on January 18. in Davos on January 18. The Company has committed to invest Rs 6,000 crore in Maharashtra.

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Stellantis Investors Fume Over CEO Pay Amid Job Cuts, Plant Closures, Supplier Strife

The Truth About Cars

General Motors has been trimming employment numbers for years and recently announced plans to abandon the iconic Renascence Center to set up shop within a smaller building. Legal challenges have also been raised on behalf of the manufacturer. It doesn’t appear to have made the automaker popular with its suppliers.

Legal 113
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Cruise Outsources Review of Regulatory Response

The Truth About Cars

On Friday, Cruise confirmed that its board had hired an outside law firm and technology consultants after the California Department of Motor Vehicles suspended its driverless vehicle operations. But the hiring of a legal team and technology experts makes it sound like it’s gearing up to defend itself. That’s understandable.