Latest General Motors Co News

China's Baidu races Waymo, GM to develop self-driving cars

Jun. 28, 2022 23:51 PM EDT

BEIJING (AP) — With no one at the wheel, a self-driving taxi developed by tech giant Baidu Inc. is rolling down a Beijing street when its sensors spot the corner of a delivery cart jutting into its lane. The taxi stops a half-car-length away. “So sorry,” a recorded voice tells...

Exec returns to Toyota as adviser after '15 arrest in Japan

Jun. 23, 2022 06:34 AM EDT

TOKYO (AP) — An American executive who resigned from Toyota after being arrested in Japan in 2015 on suspicion of drug law violations is back at the Japanese automaker, the company said Thursday. Julie Hamp has been hired by Toyota Motor Corp.'s North American operations to support...

US report: Nearly 400 crashes of automated tech vehicles

Jun. 15, 2022 17:47 PM EDT

DETROIT (AP) — Automakers reported nearly 400 crashes over a 10-month period involving vehicles with partially automated driver-assist systems, including 273 with Teslas, according to statistics released Wednesday by U.S. safety regulators. The National Highway Traffic Safety...

Automakers ask Congress to lift electric vehicle tax cap

Jun. 13, 2022 14:30 PM EDT

NEW YORK (AP) — Major automakers are asking Congress to lift the cap on how many people can receive tax credits for buying a hybrid or fully electric vehicle. Currently the number of tax credits allowed is capped at 200,000 per company. General Motors and Tesla have already reached...

California regulators approve state's 1st robotic taxi fleet

Jun. 02, 2022 20:39 PM EDT

California regulators on Thursday gave a robotic taxi service the green light to begin charging passengers for driverless rides in San Francisco, a first in a state where dozens of companies have been trying to train vehicles to steer themselves on increasingly congested roads. The...

New independent Mexican union wins wage increase at GM plant

May. 27, 2022 19:03 PM EDT

MEXICO CITY (AP) — A new independent union at a Mexican auto plant that won a historic organizing vote last year has negotiated an 8.5% wage increase for unionized employees. Authorities said Friday that workers at the GM transmission and pickup plants in the northern Mexico city...

CEO pay rose 17% in 2021 as profits soared; workers trailed

May. 27, 2022 11:41 AM EDT

NEW YORK (AP) — Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according...

Pay for female CEOs rose 26% in 2021, but ranks remain small

May. 26, 2022 16:13 PM EDT

NEW YORK (AP) — Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared. Median pay for the women occupying the corner office rose to nearly $16 million, according to the annual survey done by Equilar for...

Lawsuit accuses 3 automakers and parts maker in air bag case

May. 24, 2022 18:30 PM EDT

DETROIT (AP) — A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding. Two deaths and at least four injuries have been linked to such explosions. The federal lawsuit,...

On Venezuelan roads, old cars prevail, break down everywhere

May. 21, 2022 09:47 AM EDT

CARACAS, Venezuela (AP) — A 1983 Chevrolet C-10 pickup is the workhorse of Argenis Ron’s party equipment rental business. He uses it to haul chairs, tents and tables to gatherings all across Venezuela's sprawling capital. The once-white paint is slightly yellowish and the body...