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1 min read

General Motors announces another round of layoffs, 1,695 workers to be affected

General Motors has announced layoffs at its Fairfax Assembly plant in Kansas, affecting 1,695 emplo…

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2 mins read

Great Wall Motors to acquire GM's Talegaon plant

Mumbai, Jan 17 () Chinese auto maker Great Wall Motors on Friday said it has inked a pact with Gene…

PTI   


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1 min read

GM bucks the odds and saves its South Korean division

The proposal for GM Korea should soothe what had become a challenging situation for the carmaker, G…

Matthew DeBord   


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3 mins read

Ford's CFO says the automaker's $11 billion restructuring plan could pay off sooner than expected

But Shanks said that Ford's balance sheet is solid. The company is running rich, with $20 billion i…

Matthew DeBord   


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3 mins read

GM is defying naysayers with a bullish 2019 outlook, plans to take on Tesla with Cadillac

GM is bucking that prediction, based on Barra and her leadership team's efforts over the past few y…

Matthew DeBord   


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3 mins read

Workers and politicians are slamming GM for slashing 1,700 jobs at its idled Lordstown, Ohio plant

The 6.2 million square foot plant will be placed into a "state of readiness," GM spokesperson Dan F…

Graham Rapier   


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3 mins read

General Motors' restructuring plan ensures it'll be a 'winner in Auto 2.0' Morgan Stanley says

The automaker on Monday announced plans to shut down seven plants globally in 2019, including three…

Ethel Jiang   


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5 mins read

The CFOs of Ford and GM reveal the biggest open secret in the car business right now: There's an auto market and there's a Tesla market.

But the stock story is a distraction. It makes sense for Ferrari to have a $32 billion market cap w…

Matthew DeBord   


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14 mins read

How GM went from bankrupt and on the brink of death to being one of the world's best-run car companies

While the banking crisis that had triggered the Great Recession had largely been resolved in 2010, …

Matthew DeBord   


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4 mins read

Wall Street wants GM to break itself up - but that could be a big mistake

At this point in the cycle (both in the US and globally), it is extremely difficult to sustainably …

Matthew DeBord   


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2 mins read

GM had a strong second quarter in the US and China as crossovers and Cadillac surged

"Disciplined and relentless focus on improving our business performance led to a strong quarter and…

Matthew DeBord,Reuters   


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7 mins read

Morgan Stanley has a wild plan for how GM could unlock stockholder value

We believe OEMs have around 1 year to convey their message for bridging the gap from Auto 1.0 to Au…

Matthew DeBord   


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3 mins read

GM is realigning its top leadership to take Cadillac to the next level and to expand its Cruise self-driving business

Ammann, who joined GM in 2010, has been overseeing the company's push into new technologies, as wel…

Matthew DeBord   


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3 mins read

A top Wall Street auto analyst just called out Ford for falling behind GM. But there's nothing wrong with second place.

Clearly, GM is struggling far less these days than Ford, and that's heightening the contrast betwee…

Matthew DeBord   


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1 min read

GM turned in a great fourth quarter

In a statement, the company said that "[i]ncluded in special items during the quarter was an $800 m…

Matthew DeBord   


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2 mins read

Trump attacks GM, say they 'better damn well open a new plant' in Ohio after the automaker announces layoffs, factory shutdowns

In addition to the Ohio changes, GM will also cease production at plants in Michigan and Ontario, C…

Bob Bryan   


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5 mins read

GM, Ford, and Chrysler almost died a decade ago during the financial crisis - here's how the auto giants have changed since

Led by new CEO Sergio Marchionne, who had been running Fiat prior to the merger, the renamed Fiat-C…

Brian Pascus   


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4 mins read

2 words tell you everything you need to know about what GM thinks of David Einhorn's stock scheme

GM has also been investing in its future, buying Cruise Automation to enhance its self-driving effo…

Matthew DeBord   


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2 mins read

Morgan Stanley Analyst Threw GM CEO A Curveball On Earnings Call

Barra and CFO Chuck Stevens covered a lot of ground on the call - everything from profit margin exp…

Matthew DeBord   


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1 min read

GM is raising its dividend, but an investor advocate says it needs to buy back a ton of stock

Wilson said he is acting with and on behalf of himself and investment funds Taconic Parties, Appalo…

Matthew DeBord,Reuters  Â