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General Motors

BUSINESS

GM Cruise recalls 300 self-driving taxis in US after crash involving bus

Digital Desk -
General Motors’ Cruise autonomous vehicle unit has recalled 300 self-driving taxis to update software after one of them ran into the back of a...
BUSINESS

LG to invest billions in US battery business amid electric cars drive

Digital Desk -
LG Energy Solution has said it will invest more than 4.5 billion dollars (£3.2 billion) in its US battery production business by 2025 as...
BUSINESS

GM profit slumps by nearly 90%, with worse to come

Digital Desk -
General Motors’ first-quarter net income fell 88%, but it still managed to make 247 million dollars (£198 million) despite the arrival of the coronavirus...
NEWS

President Trump invokes act to force General Motors to produce ventilators

Digital Desk -
President Donald Trump has issued a Defence Production Act order to force General Motors to produce ventilators for coronavirus patients. Mr Trump said negotiations with...
NEWS

General Motors pulls out of Australia, NZ and Thailand

Digital Desk -
General Motors says it is pulling out of Australia, New Zealand and Thailand as part of a strategy to exit markets that do not...
BUSINESS

Almost 50,000 US auto workers strike against General Motors

Digital Desk -
More than 49,000 members of the United Auto Workers walked off General Motors (General Motors) factory floors or set up picket lines early today...
BUSINESS

EU approves PSA acquisition of Vauxhall and Opel from General Motors

Digital Desk -
The European Union has approved French car maker PSA's acquisition of Opel and British brand Vauxhall from General Motors. The European Commission said it...
#EUREF

Theresa May agrees to meet Peugeot boss to discuss General Motors proposal

Digital Desk -
The UK's Prime Minister is set to meet the chief executive of the PSA Group to discuss Peugeot's proposals to buy General Motors' European...
BUSINESS

Volkswagen to cut 30,000 jobs

Digital Desk -
Volkswagen is to cut 30,000 jobs in a restructuring plan as it tries to recover from a scandal over cars rigged to cheat on...

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