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Mary Barra Says General Motors Is Moving To Electric Vehicles 'As Quickly As Possible'
Wednesday, June 16, 2021 - 2:05pm | 406Read More...General Motors Co (NYSE: GM) announced a sizable increase to its commitment to electric vehicles Wednesday. What Happened: GM is once again raising its commitment to electric vehicles with a new plan to spend $35 billion through 2025. The figure comes after the company raised its...
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8 Stocks To Watch At CES 2021
Monday, January 11, 2021 - 8:50am | 843Read More...For over 50 years, attendees of the Consumers Electronics Show have received sneak peeks at some of the latest and greatest new gadgets in the technology sector. Now known as CES, this year’s event will take place completely virtually. Here is a look at some of the public companies taking...
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GM Ups EV Game But Won't Bow To Wall Street Demands To Spin-Off Unit
Friday, November 20, 2020 - 3:31am | 457Read More...General Motors Company (NYSE: GM) President Mark Reuss said that the automaker has no plans currently to spin-off its electric vehicles division despite being under pressure from Wall Street. What Happened: Reuss said in an interview on CNBC’s “Power Lunch” program that the...
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Nikola Says Trial Production Planned For Q2 2021, GM Deal Talks Continue
Monday, November 9, 2020 - 5:37pm | 397Read More...Former SPAC Nikola Corporation (NASDAQ: NKLA) was in the spotlight Monday after reporting third-quarter earnings and updates on production. Earnings Report: Nikola announced a net loss of 16 cents per share in the third quarter. This beat street consensus of a loss of 19 cents. The company redeemed...
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GM CEO Mary Barra Sees 'Huge Opportunity' In China
Thursday, November 5, 2020 - 10:20am | 586Read More...General Motors CEO Mary Barra was interviewed by CNBC on Thursday “Squawk on the Street” show. She shared insight into the company’s quarterly earnings and what’s ahead. Barra On Earnings: Barra highlighted the third-quarter earnings that General Motors...
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'Very Capable' Team Vetted Nikola Ahead Of $2B Deal, GM CEO Says
Tuesday, September 15, 2020 - 1:34am | 343Read More...After a short seller targeted Nikola Corporation (NASDAQ: NKLA) over alleged deception, the electric car maker received a show of support from General Motors Company (NYSE: GM). What Happened: General Motors CEO Mary Barra, during a conference with RBC Capital Markets on Monday, claimed...
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GM CEO Mary Barra On 'Tragic Year' For Detroit Automaker
Wednesday, June 17, 2020 - 3:24pm | 526Read More...This year is a "tragic" one for General Motors Company (NYSE: GM), but the company is days away from resuming some operations at the levels seen prior to the coronavirus, CEO Mary Barra said Wednesday on CNBC's "Squawk Box." Barra On GM's Production Rebound:...
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GM, Ventec Announce Capability To Produce 10K Ventilators Monthly After Trump Lashes Out On Twitter
Friday, March 27, 2020 - 1:26pm | 842Read More...General Motors (NYSE: GM) and Ventec Life Systems announced details on a partnership to produce ventilators at GM's Kokomo, Indiana plant Friday, following a report that the White House had called off an earlier rollout of the effort with GM and Ventec. GM and Ventec's announcement...
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GM Is Charged Up About Electric Vehicles, Makes Push To Challenge Tesla
Thursday, March 5, 2020 - 11:46am | 736Read More...General Motors Company (NYSE: GM) is mounting a full-on charge at Tesla Inc (NASDAQ: TSLA). GM on Wednesday revealed its intentions to take on Tesla in the battle to sell the next generation of electric vehicles, bringing the size and consumer credibility of a Big 3 giant to the race for what...
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UAW Reaches Tentative Contract Deal With GM
Wednesday, October 16, 2019 - 3:41pm | 401Read More...The United Auto Workers said Wednesday it has reached a tentative agreement on a new contract with General Motors Company (NYSE: GM), setting the stage to end a 31-day strike against the automaker. Full details of the agreement weren't disclosed. UAW GM Vice President Terry Dittes said in a...
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Here's How Much The General Motors-UAW Strike Has Cost Automaker, Workers
Tuesday, October 15, 2019 - 11:54am | 586Read More...General Motors Company (NYSE: GM) stock rose Tuesday on reports that CEO Mary Barra and President Mark Reuss joined contract talks with the United Auto Workers union, bringing hopes for a possible end to a strike that Bank of America Merrill Lynch said has cost the company more than $2 billion and...
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Stock Wars: GM Vs. Ford Vs. Tesla Vs. Toyota
Wednesday, July 17, 2019 - 8:19am | 1512Read More...Dave Royse contributed to this report. It has been a rough five-year stretch for large auto stocks Toyota Motor Corp (NYSE: TM), General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F) and Tesla Inc (NASDAQ: TSLA). Despite a booming market and an overall 52.4% gain for the S&P 500, none...
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Industry Shift: With Four Departures This Year, Who Is The Longest-Tenured Automotive CEO?
Monday, July 8, 2019 - 3:04pm | 962Read More...Bayerische Moto/S ADR (OTC: BMWYY) CEO Harald Krüger’s announcement last week that he will step down as head of luxury carmaker BMW is the latest in a string of auto company CEO turnovers — the fourth this year. The departures remove decades of experience in the top posts at the...
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Barra Defends GM's Lordstown Sale
Wednesday, June 5, 2019 - 2:17pm | 257Read More...General Motors Company (NYSE: GM) CEO Mary Barra defended the company's plans to sell a Lordstown, Ohio-based assembly plant to electric vehicle maker Workhorse Group (NASDAQ: WKHS), commenting that GM did “a lot of vetting,” according to Reuters. GM said in early May it was in...
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Trump Says GM Is Selling Lordstown Plant To Workhorse
Wednesday, May 8, 2019 - 11:43am | 566Read More...Workhorse Group Inc (NASDAQ: WKHS) surged 40 percent Wednesday morning after President Donald Trump claimed it would purchase General Motors Company (NYSE: GM)’s Lordstown plant. According to a presidential tweet, GM CEO Mary Barra struck an agreement with the UAW to sell the Ohio plant for...
















