Rental car company Hertz Global Holdings prepares to order up to 175,000 General Motors electric vehicles during the next five years. This is the latest move toward zero-emission models. The …
Mary Barra
General Motors’ first-quarter profit was reported Tuesday to have beaten analyst estimates as the automaker focused on sales of pricey models with higher margins, even though production was limited due …
- TrucksGeneral Motors
General Motors to idle Indiana truck plant for two weeks
by SpeedLuxby SpeedLuxGeneral Motors on Friday said it is set to idle the plant for two weeks in April in Indiana over ongoing semiconductor chip shortages. The Detroit automaker said it will …
- General Motors
General Motors to invest $7 billion to enhance electric vehicle production
by SpeedLuxby SpeedLuxGeneral Motors said last week it will invest $7 billion in Michigan, much of which concerns enhancing the production of full-size electric pickups. The investment has been labeled as an …
- General Motors
General Motors CEO Mary Barra’s pay increased to $23.7 million in 2020
by SpeedLuxby SpeedLuxGeneral Motors CEO, Mary Barra, received a compensation package worth $23.7 million in the last year, showing an increase of 9.4% compared to the previous year. The automaker noted that …
- General Motors
General Motors and LG Energy Solution to build battery plant in Tennessee
by SpeedLuxby SpeedLuxGeneral Motors and South Korean joint-venture partner LG Energy Solution on Friday said they are set to build a second U.S. battery cell manufacturing plant, unveiling plans for a $2.3 …
American automaker General Motors said they desire to be ‘the most inclusive company in the world.’ The automaker has vowed to boost its advertising dollars that go to Black-owned media …
- General Motors
Women hold most of seats on General Motors expanded board of directors
by SpeedLuxby SpeedLuxGeneral Motors on Thursday said it is expanding its board of directors to 13 persons, with women holding seven of the seats. The company named two new directors, Meg Whitman …
- General Motors
Chip shortage can hit General Motors’ profits by $2 billion, says CEO
by SpeedLuxby SpeedLuxGeneral Motors on Wednesday said the global semiconductor chip shortage could hit the automaker’s profits up to $2 billion from 2021, but the U.S. automaker’s highly profitable big pickups and …
- General Motors
General Motors aims to end sale of gasoline, diesel cars, SUVs, light trucks by 2035
by SpeedLuxby SpeedLuxGeneral Motors said on Thursday it was setting a goal for selling all its new cars, SUVs, and light pickup trucks with zero tailpipe emissions by 2035, a dramatic transition …

