October 21, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    General Motors

    Geely and General Motors venture eyes on China’s pickup truck competition

    Zhejiang Geely Holding Group together with General Motors Chinese venture are preparing to launch its first pickup truck models, intensifying competition in a segment dominated by Great Wall Motor. Geely revealed its first pickup truck model last week at a company event publicized on social media, while formal documents showed a joint venture of automakers […]

    Geely , General Motors , Great Wall
    Ford and General Motors

    General Motors, Ford coronavirus ventilator projects close in on their finish lines

    General Motors and Ford Motor said on Tuesday they are close to finishing the production of ventilators ordered by the Trump Administration in response to an increase in coronavirus cases and are ramping down or exiting the operations. Many of the ventilators assembled by the companies have gone into a U.S. government stockpile as doctors […]

    Ford , General Motors
    General Motors

    Over 40% of new China launches in 5 years will be EVs, says General Motors

    General Motors is preparing an electric car offensive in China with over 40% of its new launches in the country during the next five years set to be electric vehicles (EVs), the U.S. automaker said on Wednesday. The electric vehicles of the automaker, many of which will be all-electric battery cars, will be produced in […]

    General Motors
    General Motors and Fiat Chrysler Automobiles

    U.S. judge rejects General Motors bid to reopen racketeering case

    A federal judge in Detroit on Friday turned down a bid by General Motors to reinstate a racketeering lawsuit against its Fiat Chrysler Automobiles (FCA). GM had claimed that it had new details on foreign accounts used in an alleged bribery scheme involving FCA and leaders of the United Auto Workers (UAW) union. But U.S. […]

    Chrysler , Fiat , General Motors
    General Motors

    General Motors proposes Brazil workforce reduction through buyouts

    General Motors is offering buyouts to some of its Brazilian employees, a local union said on Wednesday, as the nation’s No. 1 automaker has been impacted by the coronavirus crisis. General Motors has a long history in Brazil, having inaugurated the first plant in the country in 1930 in Sao Caetano, just outside Sao Paulo. […]

    General Motors
    General Motors

    General motors find big names for bidders for credit card business

    American investment bank Goldman Sachs is looking to purchase General Motors’ credit card unit as it looks to double down on its banking arm, the Wall Street Journal reported on Wednesday, citing people knowledgeable with the matter. Barclays is also one of the small numbers of bidders for the automaker’s credit card business, which has […]

    General Motors
    Dhivya Suryadevara

    General Motors CFO Suryadevara joins startup Stripe as CFO

    One of the American auto industry’s youngest and highest-ranking executives, General Motors’ chief financial officer (CFO) Dhivya Suryadevara, found a new opportunity on Tuesday for Silicon Valley and the technology sector, where she was named CFO of Stripe. Suryadevara’s journey from the Midwest to California shows the chasm between old school manufacturing and new-age tech. […]

    General Motors
    General Motors and Fiat Chrysler Automobiles

    Fiat asks judge to reject General Motors request over racketeering case

    Fiat Chrysler Automobiles (FCA) on Monday asked a U.S. federal judge to reject a request lodged by General Motors to reinstate a racketeering lawsuit against FCA, comparing a recent filing of GM to a “third-rate spy movie, full of preposterous allegations”. Last week, GM asked U.S. District Judge Paul Borman to restart the case, claiming […]

    Chrysler , Fiat , General Motors
    General Motors and Fiat Chrysler Automobiles

    General Motors asks judge to reinstate racketeering case against Fiat

    General Motors on Monday asked a U.S. federal judge to reinstate a racketeering lawsuit against Fiat Chrysler Automobiles (FCA), saying it has new details on foreign accounts used in an alleged bribery scheme involving its smaller competitor and union leaders. In its filing to U.S. District Judge Paul Borman, GM says the scheme, which it […]

    Chrysler , General Motors
    General Motors

    General Motors can pay off $16 billion loan if U.S. recovery continues

    General Motors on Wednesday said if the U.S. economy keeps showing recovery from the coronavirus crisis and the auto industry does not experience any more production shutdowns, then the automaker should be able to generate enough cash to pay off a $16 billion loan by the end of this year. “Obviously, it is still a […]

    General Motors
    General Motors

    Spinoff of General Motors’ EV assets not off the table, says CEO

    General Motors CEO Mary Barra stated on Wednesday that “nothing is off the table” when it comes to maximizing the worth of the No. 1 U.S. automaker’s electric vehicle efforts, including a potential spinoff of those assets. Speaking to analysts after the automaker reported a smaller-than-expected loss in a quarter impacted by the coronavirus crisis, […]

    General Motors
    General Motors and Fiat Chrysler Automobiles

    Federal judge dismisses General Motors’ lawsuit against Fiat Chrysler

    A federal judge on Wednesday dismissed a racketeering lawsuit General Motors (GM) had filed against rival Fiat Chrysler Automobiles NV (FCA), saying the biggest U.S. automaker’s alleged injuries were not caused by FCA’s alleged breaches. GM officials said that they “strongly disagree” with the order by U.S. District Court Judge Paul Borman, whom the automaker […]

    Chrysler , Fiat , General Motors
    General Motors and Fiat Chrysler Automobiles

    U.S. court rejects General Motors’ call to remove judge from FCA lawsuit

    A U.S. appeals court on Monday rejected General Motors’ call to remove a lower court judge from its racketeering lawsuit against Fiat Chrysler Automobiles (FCA), but said the automakers’ CEOs need not meet to settle the issue. The Sixth U.S. Circuit Court of Appeals stated U.S. District Judge Paul Borman abused his discretion by requiring […]

    Chrysler , Fiat , General Motors
    General Motors

    General Motor’s China sales drop 5% in second quarter

    General Motors vehicle sales in China declined 5.3% between April and June from the corresponding period of 2019, performing below the industry average following a recovery from the coronavirus crisis in the country. China’s total figure, which includes passenger and commercial vehicles, increased 4.4% in April and 14.5% in May, the China Association of Automobile […]

    General Motors
    General Motors

    General Motors should repay $60 million in state tax credits, asks Ohio AG

    Ohio Attorney General Dave Yost stated Tuesday that General Motors should repay $60 million in state tax credits after it shut down its Lordstown Assembly plant in March 2019. In a brief to the Ohio Tax Credit Authority, Yost stated the automaker in 2009 agreed to maintain operations situated at its northeast Ohio plant through […]

    General Motors

    If you're planning an Off-Road Adventure into the outback, as a minimum, you’ll need an air compressor. Be sure to read this guide to choose the best off road 12 volt air compressor.