General Motors Co

Brands weigh in on national protests over police brutality

Jun. 2, 2020 11:44 AM EDT

As thousands of protesters take to the streets in response to police killings of black people, companies are wading into the national conversation but taking care to get their messaging right. Netflix’s normally lighthearted Twitter account took on a more somber tone on Saturday: “To be silent is to...

In this Sept. 27, 2018 file photo, robots weld the bed of a 2018 Ford F-150 truck on the assembly line at the Ford Rouge assembly plant in Dearborn, Mich. The U.S. auto industry’s coronavirus comeback plan was pretty simple: restart factories gradually and push out trucks and other vehicles for waiting buyers in states left largely untouched by the virus outbreak.
Yet the return from a two-month production shutdown hasn’t gone quite according to plan. (AP Photo/Carlos Osorio, File)

Infected workers, parts shortages slow auto factory restarts

May. 31, 2020 6:26 PM EDT

DETROIT (AP) — The U.S. auto industry’s coronavirus comeback plan was pretty simple: restart factories gradually and push out trucks and other vehicles for waiting buyers in states left largely untouched by the virus outbreak. Yet the return from a two-month production shutdown hasn’t gone...

FILE - In this Tuesday, April 16, 2019, file photo, Volkswagen unveils a concept electric SUV, the whimsically named ID. ROOMZZ during the Auto Shanghai 2019 show in Shanghai. Volkswagen says Friday, May 29, 2020, it will spend 2 billion euros ($2.2 billion) to expand its presence in China's electric car industry in the biggest foreign investment announced since the country shut down to fight the coronavirus. (AP Photo/Ng Han Guan, File)

VW spending $2.2B to expand in China's electric car market

May. 29, 2020 2:05 AM EDT

BEIJING (AP) — Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country's economy began to reopen following the coronavirus pandemic. Volkswagen AG said Friday it will buy control of...

FILE - In this Nov. 20, 2019, file photo, Jack Hollis, Jack Hollis, group vice president and general manager of the Toyota Division at Toyota Motor North America (TMNA), speaks at the AutoMobility LA auto show in Los Angeles. Toyota's new Sienna minivan and a revived Venza midsize SUV were supposed to be unveiled at the New York International Auto Show in April 2020, but the show was postponed until late August due to the novel coronavirus. That would have been too close to when Toyota's vehicles would reach showrooms, so the company decided to go on its own and showed them online. (AP Photo/Marcio Jose Sanchez, File)

Toyota vehicles debut online as virus postpones auto show

May. 18, 2020 6:43 PM EDT

DETROIT (AP) — When Toyota introduced two new vehicles Monday, its executives didn't brag about them from an elaborate stage inside a convention center. Instead, the new Sienna minivan and a revived Venza midsize SUV were shown online from the company's nearly deserted U.S. headquarters and from the...

FILE - In this Feb. 26, 2019, file photo, Jeep vehicles are parked outside the Jefferson North Assembly Plant in Detroit. Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the coronavirus. (AP Photo/Carlos Osorio, File)

Auto workers' tenuous return a ray of hope in jobs crisis

May. 15, 2020 10:38 AM EDT

DETROIT (AP) — Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the coronavirus....

Vehicles are seen parked at the Tesla car plant Monday, May 11, 2020, in Fremont, Calif. The parking lot was nearly full at Tesla's California electric car factory Monday, an indication that the company could be resuming production in defiance of an order from county health authorities. (AP Photo/Ben Margot)

Elon Musk becomes champion of defying virus stay-home orders

May. 12, 2020 2:29 PM EDT

Tesla CEO Elon Musk has emerged as a champion of defying stay-home orders intended to stop the coronavirus from spreading, picking up support — as well as critics — on social media. Among the supporters was President Donald Trump, who on Tuesday morning tweeted that Tesla's San Francisco Bay Area...

FILE - In this April 20, 2020, file photo a ventilator waits to be used for a COVID-19 patient going into cardiac arrest at St. Joseph's Hospital in Yonkers, N.Y. An analysis of federal contracting data by The Associated Press shows the Department of Health and Human Services is now on track to exceed 100,000 new ventilators by around July 13, about a week later than the 100-day deadline Trump first gave on March 27. (AP Photo/John Minchillo, File)

Becoming 'King of Ventilators' may result in unexpected glut

May. 10, 2020 4:32 PM EDT

WASHINGTON (AP) — As requests for ventilators from the national stockpile reached a crescendo in late March, President Donald Trump made what seemed like a bold claim: His administration would have 100,000 within 100 days. At the time, the Department of Health and Human Services had not ordered any new...

FILE - In this March 9, 2020, file photo, Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington. Musk is threatening to pull the company’s factory and headquarters out of California in an escalating spat with local officials over reopening an electric vehicle plant. On Twitter Saturday afternoon, May 9, 2020. Musk also threatened to sue over Health Department coronavirus restrictions that have stopped Tesla from restarting production at its factory in Fremont south of San Francisco. (AP Photo/Susan Walsh, File)

Musk threatens to exit California over virus restrictions

May. 9, 2020 8:14 PM EDT

Tesla CEO Elon Musk threatened Saturday to pull the company’s factory and headquarters out of California and sued local officials who have stopped the company from reopening its electric vehicle factory. In a lawsuit filed in federal court, Tesla accused the Alameda County Health Department of overstepping...

In this April 28, 2020 photo, a couple rides a motorcycle past a painted sign reading in Spanish

Mexico auto plants to reopen as country weighs virus risks

May. 8, 2020 3:08 PM EDT

MEXICO CITY (AP) — On a day Mexico saw its worst daily increase yet in coronavirus cases, foreign-owned auto plants began setting dates for reopening. Volkswagen de Mexico said late Thursday it is planning to reopen its assembly plant in Puebla state and its engine factory in Guanajuato state on June 1. ...

FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. U.S. auto safety investigators have found no apparent defect with the passenger air bag seat sensors in thousands of older General Motors sedans. The National Highway Traffic Safety Administration denied a 2013 petition filed by a private crash investigator seeking a formal investigation of full-size cars including the Chevrolet Impala from the 2004 to 2010 model years. (AP Photo/Matt Rourke, File)

With factories dark, GM profit slumps 88%; 2Q likely worse

May. 6, 2020 11:54 AM EDT

DETROIT (AP) — General Motors' first-quarter net income fell 88%, but it still managed to make $247 million despite the arrival of the global coronavirus pandemic. U.S. automakers suspended production in much of the world in late March. For GM, that clipped revenue for the quarter by 6%, to $32.7 billion,...

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