Latest General Motors Co News

Visitors wearing face masks to protect against the coronavirus look at a Tesla vehicle on display at the China International Fair for Trade in Services (CIFTIS) in Beijing, Saturday, Sept. 5, 2020. Auto executives are flying in early to wait out a coronavirus quarantine ahead of the Beijing auto show, the year's biggest sales event for a global industry that is struggling with tumbling sales and layoffs. Organizers say they will impose intensive anti-disease controls on crowds and monitor visitors and employees for signs of infection. (AP Photo/Mark Schiefelbein)

China auto show forging ahead under anti-virus controls

Sep. 24, 2020 9:12 PM EDT

BEIJING (AP) — The first event for the CEO of Swedish electric car brand Polestar at this month’s Beijing auto show: A two-week quarantine in a hotel. The auto show, the first major in-person sales event for any industry since the coronavirus pandemic began, opens Saturday in a sign the ruling...

Today in History

Sep. 24, 2020 12:00 AM EDT

Today in History Today is Thursday, Sept. 24, the 268th day of 2020. There are 98 days left in the year. Today’s Highlight in History: On September 24, 1789, President George Washington signed a Judiciary Act establishing America’s federal court system and creating the post of attorney general. ...

FILE  - In this Aug. 12, 2020 file photo, Unifor President Jerry Dias, left, elbow bumps Ryan Kantautas, Vice President of Human Resources at Ford Canada, after a photo opportunity at the start of formal contract talks with the Detroit Three automakers, Fiat Chrysler, Ford and General Motors, in Toronto. The union that represents Canadian auto workers says it has reached a tentative three-year contract deal with Ford to build five new electric vehicles at a factory near Toronto. Dias says the deal was reached early Tuesday, Sept. 22 after an all-night bargaining session.  (Chris Young/The Canadian Press via AP)

Canadian auto workers reach tentative contract with Ford

Sep. 22, 2020 2:47 PM EDT

DETROIT (AP) — The union representing Canadian auto workers says it has reached a tentative three-year contract deal with Ford to build five new electric vehicles at a factory near Toronto. Unifor President Jerry Dias says the deal was reached early Tuesday after an all-night bargaining session. It...

FILE - This Jan. 27, 2020, file photo shows a General Motors logo at the General Motors Detroit-Hamtramck Assembly plant in Hamtramck, Mich. Shares in electric- and hydrogen-powered truck startup Nikola plunged on Monday Sept. 21, 2020, after the company's founder Trevor Milton resigned amid allegations of fraud - just two weeks after signing a $2 billion partnership with General Motors. (AP Photo/Paul Sancya, File)

Founder of GM electric truck partner quits amid allegations

Sep. 21, 2020 5:07 PM EDT

FRANKFURT, Germany (AP) — Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud — just two weeks after signing a $2 billion partnership with General Motors. The company said late Sunday that Trevor Milton...

FedEx, AMC Networks rise; Spotify, NextEra fall

Sep. 16, 2020 4:20 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday: FedEx Corp., up $13.63 to $250.30. The package delivery company blew away Wall Street's fiscal first-quarter profit and revenue forecasts. General Motors Co., up 21 cents to $31.79. The automaker is going to announce its own line...

Today in History

Sep. 16, 2020 12:02 AM EDT

Today in History Today is Wednesday, Sept. 16, the 260th day of 2020. There are 106 days left in the year. Today’s Highlights in History: On Sept. 16, 1974, President Gerald R. Ford announced a conditional amnesty program for Vietnam war deserters and draft-evaders. On this date: In 1630, the...

President Donald Trump speaks at a rally at Minden-Tahoe Airport in Minden, Nev., Saturday, Sept. 12, 2020. (AP Photo/Andrew Harnik)

AP FACT CHECK: Trump's torrent of falsehoods, Biden missteps

Sep. 14, 2020 1:29 AM EDT

WASHINGTON (AP) — Playing defense on his handling of the coronavirus, President Donald Trump is letting the falsehoods fly. Over the weekend, he railed against cases of voting fraud that didn’t exist, asserted that COVID-19 was “rounding a corner” despite what his top health advisers...

FILE - In this Sept. 10, 2020, file photo President Donald Trump boards Air Force One for a trip to a campaign rally in Freeland, Mich., in Andrews Air Force Base, Md. (AP Photo/Evan Vucci, File)

AP FACT CHECK: Trump vs. Trump on virus; Biden missteps

Sep. 12, 2020 9:38 AM EDT

WASHINGTON (AP) — Explaining his deceptive assurances about the pandemic, President Donald Trump suggested he was doing what Winston Churchill had done, soothing the public in a time of danger. That's not how it went down in World War II. Churchill did not tell Britons that Nazi Germany was “under...

Democratic presidential candidate former Vice President Joe Biden arrives to board a plane at New Castle Airport in New Castle, Del., Wednesday, Sept. 9, 2020, en route to campaign events in Michigan. (AP Photo/Patrick Semansky)

AP FACT CHECK: Biden on autos, virus; Trump on drug prices

Sep. 9, 2020 5:55 PM EDT

DETROIT (AP) — President Donald Trump exaggerated his administration’s efforts to lower prescription drug prices while Democratic rival Joe Biden claimed too much credit for reviving the U.S. auto industry and misstated the number of military deaths from COVID-19. A look at some of their claims in...

A man wearing a mask passes the Charging Bull statue in New York's financial district, Tuesday, Sept. 8, 2020. More sharp declines for big tech stocks are dragging Wall Street toward a third straight loss on Tuesday. (AP Photo/Mark Lennihan)

Wall Street’s 3-day skid a reality check for runaway market

Sep. 9, 2020 12:19 AM EDT

Wall Street’s summer-long party fueled by investors’ appetite for some of the world’s best-known technology companies has come to an abrupt, if not entirely unexpected, halt. The sharp sell-off that began last Thursday has wiped out nearly 7.1% from the S&P 500 as of Tuesday, its first...