GM CEO Mary Barra faces harsh criticism over Mexico investments
General Motors CEO Mary Barra came under criticism from members of Congress from Michigan for building a new vehicle in Mexico yet ending production at five North American assembly plants and removing almost 15,000 jobs. On the second day of meetings on Capitol Hill, Barra dealt with a tough session with normally supportive lawmakers from
- Published in General Motors
General Motors CEO will keep “open mind” on future of plants
General Motors CEO Mary Barra on Wednesday vowed to keep an “open mind” regarding the future of an Ohio plant that will lose vehicle production, but cautioned the automaker has excess capacity and did not mention the company was reconsidering the plan. Barra came under pressure from Ohio’s two U.S. senators and other lawmakers who
- Published in General Motors
General Motors moves to challenge rivals in U.S. commercial fleet sales
General Motors is strengthening its competition with rival Ford Motor’s lead in sales to U.S. commercial fleets to prop up profit targets amid slowing consumer demand, according to executives at the No. 1 U.S. automaker. GM is counting on new medium-duty Silverados – equipped as tow trucks, utility bucket trucks and delivery trucks – to
- Published in Ford, General Motors
Senators, union press General Motors CEO on plant closings, job cuts
General Motors CEO Mary Barra, facing increasing criticism, will meet with Ohio’s two U.S. senators on Wednesday regarding the automaker’s strategies to idle five North American plants and slash up to 15,000 jobs. Senator Rob Portman, a Republican, and Sherrod Brown, a Democrat, stated in a joint statement they are going to “press” the automaker
- Published in General Motors
U.S. November car sales see positive results
Holiday season deals propped up U.S. auto sales in November, limiting the scale of yearly decline at some automakers and putting total figures on course to top experts’ expectations, numbers from several top producers revealed on Monday. No.1 automaker General Motors posted an approximately 1 percent increase in sales, according to a source knowledgeable with
- Published in American, Ford, General Motors
General Motors CEO to meet U.S. lawmakers over job cuts
General Motors CEO Mary Barra plans to visit Capitol Hill next week to talk about its plans to stop production at five plants in North America in 2019 and slash up to 15,000 jobs, two congressional aides stated on Friday. The automaker has come under criticism from lawmakers from both major political parties, and from
- Published in General Motors
General Motors President to take over Cruise self-driving car unit
General Motors President Dan Ammann is going to take over as chief executive of the car maker’s majority-owned Cruise self-driving car subsidiary, trading in the No. 2 job at among the world’s largest automakers for a front-row position in the race to render conventional cars obsolete. Ammann’s move, declared by GM and Cruise on Thursday
- Published in General Motors
Trump retweets suggestion that General Motors should pay back bailout money
President Donald Trump on Wednesday retweeted a tweet which said that General Motors should pay back the money the government spent to keep it afloat as part of the auto industry bailout if it doesn’t maintain jobs in the country. “If GM doesn’t want to keep their jobs in the United States, they should pay
- Published in General Motors
Trump threatens to slash GM subsidies in retaliation for U.S. job cuts
U.S. President Donald Trump threatened on Tuesday to remove subsidies for General Motors in retaliation for the automaker slashing U.S. jobs and plants, and the automaker also took fire from Canadian political and labor leaders for cutbacks there. “The U.S. saved General Motors, and this is the THANKS we get! We are now looking at
- Published in General Motors
Trump says General Motors should add new facility in Ohio following cuts
U.S. President Donald Trump has asked General Motors to add a new product to replace a plant located in Ohio that the company stated it prepared to close next year due to lagging small-car demand. The largest U.S. automaker stated it would slash thousands from its North American workforce, slash production and remove some slow-selling
- Published in General Motors
General Motors CEO to meet with White House adviser
General Motors CEO Mary Barra is set to meet with White House economic adviser Larry Kudlow on Monday, hours following the company’s announcement strategies to shutter five North American plants and slash thousands of jobs, two people knowledgeable about the matter stated. Barra was also making calls to major members of Congress and administration officials
- Published in General Motors
General Motors shutdowns in North America could hit almost 6,000 workers
General Motors’ plan to shut down three North American assembly plants and two transmission plants in 2019 could affect almost 6,000 workers, according to data on automaker’s media website. Here are quick details of each plant: Lordstown (Ohio) Assembly Opened: 1966 Employment: 1,435 hourly Product: Chevrolet Cruze Capacity: 300,000/year 2018 YTD Production (10 mos): 121,666,
- Published in General Motors
General Motors to cut jobs and production as U.S. sedan sales decline
General Motors stated on Monday it will slash production of slow-selling models and cut its North American workforce in the face of a decreasing market for traditional gas-powered sedans, moving more investment to electric and autonomous vehicles. The announcement is the biggest North America restructuring for the U.S. No. 1 automaker since its bankruptcy a
- Published in General Motors
General Motors plans major announcement on worldwide operations
General Motors is going to make a major announcement on Monday that will impact its worldwide operations and threatens to close a big vehicle assembly plant located in the province of Ontario, a Canadian union stated on Sunday. Unifor, which accounts for most unionized autoworkers in Canada, stated it had been informed by GM that
- Published in General Motors
NHTSA investigates 1.7 million General Motors SUVs over wiper failures
National Highway Traffic Safety Administration (NHTSA) stated it was investigating if General Motors should recall another 1.7 million sport utility vehicles because of an issue with windshield wiper failures. GM, the largest U.S. automaker, had earlier recalled 367,800 2013 GMC Terrain and Chevrolet Equinox SUVs in the United States in August 2016 to address the
- Published in General Motors