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

General Motors

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 is ‘almost there’ on million-mile electric vehicle battery

General Motors

General Motors is “almost there” on developing an electric vehicle battery that will last one million miles, a top executive stated on Tuesday. The automaker is working on next-generation batteries as well which are even more advanced than the new Ultium battery that it revealed in March, according to GM Executive Vice President Doug Parks, […]

GM, Ford talking to Trump administration on medical equipment production

Ford and General Motors

General Motors and Ford Motor stated on Wednesday they were talking with White House officials about how they could support production of medical equipment such as ventilators that may be required to combat the coronavirus outbreak. GM CEO Mary Barra talked with White House economic adviser Larry Kudlow about the issue after the automaker announced […]

GM, Ford to have white-collar employees work remotely from Monday

Ford and General Motors

American automakers General Motors and Ford Motor stated on Friday they will have majority of their white-collar workforce operating remotely as of Monday to protect against the increase of the coronavirus. GM CEO Mary Barra informed workers on Friday the automaker is asking all workers and contract workers to work remotely, adding that the company […]

GM’s American vehicle production could see impact from coronavirus from this month, says CEO

General Motors

General Motors’ North American vehicle production could be affected with the coronavirus epidemic as early as this month, said CEO Mary Barra. The automaker’s Chairman and CEO Mary Barra stated on Wednesday that the automaker has enough components to continue production uninterrupted “deep into this month”. Barra says that task force of workers is continuing to monitor the […]

GM and LG Chem to build $2.3 billion electric vehicle battery plant

LG Chem logo

General Motors and South Korea’s LG Chem stated on Thursday they will invest $2.3 billion to construct an electric vehicle battery cell joint venture plant in Ohio, forming one of the world’s largest battery facilities. The plant, to be constructed near GM’s closed assembly plant located in Lordstown in northeast Ohio, will employ over 1,100 […]

Corvette, America’s longest-running sports car, set for modification

CEO Mary Barra stands with a camouflaged next generation Chevrolet Corvette

The world of supercars is known by makes from across the pond — Ferrari, Lamborghini, McLaren. The Chevrolet Corvette, America’s longest-running sports car, who is preventing from world domination because of its front-mounted engine is in the incorrect place. With her announcement that the next-generation Corvette is to be unveiled July 18, General Motors CEO […]

GM boss will not appear before Canada legislators on plant shut down

General Motors

General Motors CEO Mary Barra will not come before Canadian legislators to discuss concerns about the automaker’s future in the country, but lower-ranking executives will appear, a lawmaker stated on Thursday. GM stated in November it would shut down its Oshawa, Ontario, assembly plant by year-end, part of a global restructuring affecting four other plants […]

GM CEO Mary Barra faces harsh criticism over Mexico investments

Mary Barra

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 […]