General Motors

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Trump Issues New Threat in Wake of GM Closures

Says 25% tariff on imported cars 'is being studied now'

(Newser) - In the wake of General Motors' restructuring and layoffs, President Trump has followed up his threat to slash GM subsidies with a suggestion of new auto tariffs. If the 25% US tariff on small truck imports was also applied to imported cars, "many more cars would be built here... More »

Trump Issues a Threat to GM

Warns subsidies will be reviewed

(Newser) - President Trump took to Twitter on Tuesday to express his displeasure with GM's planned 14,000 layoffs and five plant shutterings; National Economic Council director Larry Kudlow did the same thing from the White House. In afternoon tweets, Trump issued a sort of threat, writing , "Very disappointed with... More »

A 'Surprise' Among GM's 6 Discontinued Cars

The Cadillac CT6 was the 'tech halo' for the brand

(Newser) - Now that General Motors' big announcement that it will be shuttering five plants in North America and slashing thousands of jobs has started to settle in, more details are emerging on the vehicle production that will be affected. Included in the business restructuring is a shift away from sedans, which... More »

Trump Has Harsh Words for GM Over Layoffs

He says US has done a lot for the company

(Newser) - President Trump says his administration and lawmakers are exerting "a lot of pressure" on General Motors in response to its decision to cut up to 14,000 workers in North America and possibly shutter up to five plants. Trump says he's being very tough on GM chief executive... More »

GM Closing Plants, Cutting Jobs

Automaker plans big cuts 'ahead of changing market conditions'

(Newser) - It's a bleak day for workers at General Motors: The automaker said Monday it's cutting about 15% of its salaried workers in the US and Canada and closing five plants. The Wall Street Journal reports that the moves could translate into the loss of about 8,000 jobs.... More »

1M GM Vehicles Are Being Recalled

Software glitch affects power steering

(Newser) - In the second massive US vehicle recall in the space of a week, General Motors is recalling around 1 million pickups and SUVs because of a power-steering software defect that causes a crash risk. The recall affects the 2015 models of the Chevrolet Silverado 1500, GMC Sierra 1500, Chevy Suburban... More »

Automakers: New Tariffs Could Force Job Cuts

GM, others say proposed tax would come at a steep cost

(Newser) - General Motors joined a growing list of automakers and manufacturers warning against the White House’s proposal to place tariffs of up to 25% on imported cars, trucks, and auto parts, report PBS and the New York Times . In a filing with the Commerce Department, GM said that the tax... More »

GM's 'Eerie' New Car: Look, Ma, No Steering Wheel

Gas and brake pedals in self-driving car are gone, too

(Newser) - But what do you do with your hands? A question usually reserved for people posing for photographs or performing a monologue can now be asked by potential buyers of General Motors' newest self-driving car. That's because the latest incarnation has no steering wheel, or accelerator or brake pedal, swapping... More »

Car Designers Still Need Clay to Perfect Their Model

All the major automakers still rely on the decades-old process

(Newser) - Carmakers may be on the cutting edge of digital technology, but they still turn to clay when it comes time to test their latest designs. And that's true for every major company, including Mercedes, Tesla, and Toyota, reports the AP . They use the ancient, flexible, forgiving material to sculpt... More »

As Venezuela Seizes Plant, GM Calls Out 'Total Disregard'

General Motors says its plant, 'other assets' were illegally taken in Valencia

(Newser) - As demonstrators march across Venezuela to protest President Nicolas Maduro's administration, General Motors is dealing with its own problems in Valencia. The automaker said in a statement Wednesday that its plant there was illegally snatched by public officials and that "other assets," including vehicles, had been swiped... More »

Tesla Is Now the Most Valuable US Automaker

Investors aren't put off by lack of profits

(Newser) - Tesla sent a jolt through the auto industry Monday by becoming the most valuable American automaker, overtaking General Motors, which sold more than 100 times as many cars last year. GM also made a profit of around $9 billion in 2016, while Tesla—which has had only two profitable quarters... More »

GM Workers Earn Record-Setting Bonus

Unionized workers will get up to $12,000 later this month

(Newser) - Score one for unions. The Detroit Free Press reports 52,000 hourly workers at General Motors will receive an up-to-$12,000 bonus later this month after the company netted a $12 billion profit in North America last year. The bonuses are part of a profit-sharing agreement negotiated by the United... More »

GM Set to Announce $1B Factory Investment: Source

AP source says jobs announcement coming Tuesday

(Newser) - General Motors will announce a $1 billion investment in its factories that will create or keep around 1,000 jobs, a person briefed on the matter tells the AP . The Detroit automaker will make the announcement Tuesday morning. The investment is part of the normal process of equipping factories to... More »

GM Doesn't Take Trump's Tweet Sitting Down

Trump threatened to slap tax on automaker for importing Cruzes

(Newser) - After swinging at China Tuesday morning on Twitter, President-elect Donald Trump set his sights on this continent, tweeting , "General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!" Politico reports... More »

GM to SCOTUS: Our Real Birthday is 2009, Not 1908

Automaker wants to be shielded from lawsuits from before bankruptcy

(Newser) - General Motors has been cruising along since 1908 , but the automaker recently decided it would rather celebrate another birthday: July 10, 2009, making it just a tad over seven years old instead of 108. And the reason GM picked that specific date: That was the day it was "born... More »

GM Laying Off 2K Due to Change in How We Buy Cars

Factories cut shifts amid falling demand

(Newser) - Shifting demand from cars to trucks and SUVs is forcing General Motors to lay off more than 2,000 workers indefinitely at two assembly plants in Ohio and Michigan starting in January. The company said Wednesday it will suspend the third shifts at factories in Lordstown, Ohio, and in Lansing,... More »

GM Teams With Lyft on Ride-Sharing, Driverless Cars

Detroit giant makes $500M investment

(Newser) - General Motors and ride-hailing company Lyft are forming an unprecedented partnership that could help them beat their rivals to the self-driving future. Lyft said Monday that GM invested $500 million in the company as part of a $1 billion round of fundraising. GM gets a seat on Lyft's board... More »

Woman Sues GM for Crash That Left Her Trapped for 6 Days

Safety recall notices for her 2009 Malibu came too late

(Newser) - A mother of four who lost both legs below the knees and suffered a traumatic brain injury after being stuck in her 2009 Chevrolet Malibu for six days following a crash filed a lawsuit against General Motors Tuesday. NBC 9 reports Kristin Hopkins lost control of her car while driving... More »

GM Near Huge Settlement on Faulty Ignition Switches

Defect blamed in 124 deaths and 273 injuries

(Newser) - Officials expect General Motors will be fined hundreds of millions of dollars in a settlement over faulty ignition switches that resulted in 124 deaths and 273 injuries, NBC News reports. A settlement between GM and the Justice Department could come as early as tomorrow, though the Wall Street Journal —... More »

Are Americans Ready to Buy a Car Made in China?

GM may import the Buick Envision next year

(Newser) - Will US consumers buy a car made in China? General Motors may be about to find out as the company mulls importing its Buick Envision from China, where more than 57,000 of the "compact crossovers" were sold in the first half of this year, Automotive News reports. A... More »

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