Latest General Motors Co News

Today in History

Aug. 12, 2020 12:00 AM EDT

Today in History Today is Wednesday, Aug. 12, the 225th day of 2020. There are 141 days left in the year. Today’s Highlight in History: On August 12, 2017, a car plowed into a crowd of people peacefully protesting a white nationalist rally in the Virginia college town of Charlottesville, killing...

FILE - In this Feb. 5, 2020 file photo, Dhivya Suryadevara, executive vice president and Chief Financial Officer of General Motors, visits the trading floor of the New York Stock Exchange.  Suryadevara is leaving the automaker for the same position at Silicon Valley’s hottest startup, the software and mobile payment company Stripe.  (AP Photo/Richard Drew, File)

Rising star in Detroit departs suddenly for Silicon Valley

Aug. 11, 2020 6:36 PM EDT

SILVER SPRING, Md. (AP) — The chief financial officer at General Motors, Dhivya Suryadevara, is trading Detroit for Silicon Valley in a surprise departure to join the payments startup Stripe. A rising star in the auto sector, Suryadevara became GM's first female CFO in 2018 at the age of 39, and quickly...

FILE - In this Monday, Jan. 14, 2019 file photo, Fiat Chrysler Automobiles FCA logo is shown at the North American International Auto Show in Detroit. Fiat Chrysler Automobiles is denying allegations by General Motors that FCA used foreign bank accounts to bribe union officials so they would stick GM with higher labor costs. In court papers filed Monday,  Aug. 10, 2020 the Italian-American automaker said GM was using court records to make “defamatory and baseless

Fiat Chrysler calls GM's bribery allegations 'preposterous'

Aug. 10, 2020 4:22 PM EDT

DETROIT (AP) — Allegations by General Motors that Fiat Chrysler Automobiles bribed union officials are “preposterous” and read like a script from a “third-rate spy movie,” FCA lawyers wrote in court documents filed Monday. GM, in a motion last week, alleged that Fiat Chrysler...

This photo provided by General Motors shows the Cadillac Lyriq. General Motors' Cadillac brand is the latest to roll out an electric vehicle with the promise of taking sales from market leader Tesla. Executives say the Lyriq midsize SUV will have a range of over 300 miles per charge as well as technology and features to pull buyers from Tesla.  (GM via AP)

Cadillac says new electric SUV has features to take on Tesla

Aug. 6, 2020 7:59 PM EDT

DETROIT (AP) — We’ve seen this movie before, an electric vehicle from a mainstream automaker that will take away sales from market leader Tesla. But General Motors executives say Cadillac’s first fully-electric vehicle has all the features it needs to lure buyers where other companies fell...

FILE - In this Jan. 30, 2020, file photo, a visitor stands by the logo of Toyota Motor Corp. at its showroom in Tokyo. Toyota’s April-June profit plunged 74% as the coronavirus pandemic crushed vehicle sales to about half of what the top Japanese automaker sold the previous year, reported Thursday, Aug. 6, 2020. (AP Photo/Eugene Hoshiko, File)

Toyota's profit plunges as pandemic halves vehicle sales

Aug. 6, 2020 2:32 AM EDT

TOKYO (AP) — Toyota’s profit plunged 74% in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year. Toyota Motor Corp. reported on Thursday a profit of 158.8 billion yen ($1.5 billion) in April-June, down from 619...

FILE - In this July 31, 2019, file photo, people walk past a Honda car on display at Honda Motor Co. headquarters in Tokyo. Japanese automaker Honda reported Wednesday, Aug. 5, 2020, it sank into the red for the April-June quarter, as its sales plunged over the coronavirus pandemic, especially in the U.S., Japan and India. (AP Photo/Koji Sasahara, File)

Japan's Honda reports loss in April-June as virus hits sales

Aug. 5, 2020 4:30 AM EDT

TOKYO (AP) — Japanese automaker Honda reported Wednesday that it sank into the red for the April-June quarter, as its sales plunged due to the coronavirus pandemic, especially in the U.S., Japan and India. Honda Motor Co. racked up an 80.8 billion yen ($765 million) fiscal first quarter loss, a reversal...

FILE - In this March 28, 2018 file photo, Jim Farley, Jr. executive vice president and president of Global Markets of the Ford Motor Company, is shown in this photo during New York International Auto Show.  Farley will lead the storied automaker into the future starting Oct. 1 2020, when current CEO Jim Hackett retires. The company has struggled in recent years and is in the midst of an $11 billion restructuring plan designed to make it leaner and crank out new vehicles to replace what was an aging model lineup. (AP Photo/Richard Drew, File)

Ford COO Jim Farley to lead company, CEO Hackett to retire

Aug. 4, 2020 8:35 PM EDT

DETROIT (AP) — Jim Farley will lead Ford Motor Co. into the future as the global auto industry faces a new era of autonomous and electric vehicles. The company named Farley, 58, as its new CEO effective Oct. 1, replacing Jim Hackett, who will retire after three years at the helm. Farley, who has been with...

United Auto Workers President Ron Gettelfinger gives his final speech to thousands of union members Monday, June 14, 2010 in Detroit. Gettelfinger is denying claims by General Motors that he took bribes paid into foreign bank accounts by Fiat Chrysler in order to stick GM with higher labor costs. Gettelfinger called the company's allegations a “malicious and utterly baseless attack” designed to cause as much harm as possible to the union. “I have never had control over any financial account in any foreign country, nor has any member of my family,

Ex-UAW chief says GM bribery claims are 'utterly baseless'

Aug. 4, 2020 5:17 PM EDT

DETROIT (AP) — Former United Auto Workers President Ron Gettelfinger is denying claims by General Motors that he took bribes paid into foreign bank accounts by Fiat Chrysler in order to stick GM with higher labor costs. Gettelfinger called the company's allegations a “malicious and utterly baseless...

FILE - Managers inform small groups of workers about new safety devices and measures taken at the Fiat Chrysler Automobiles plants of Atessa, in Central Italy, in a Monday, April 27, 2020 file photo. General Motors is asking a federal judge to reconsider dismissal of a lawsuit against Fiat Chrysler based on new allegations that FCA bribed union and GM officials with millions stashed in secret foreign bank accounts. The allegations were made in a court motion filed Monday, Aug. 3, 2020 by GM.  (Cecilia Fabiano/LaPresse via AP, File)

GM alleges Fiat Chrysler spent millions to bribe UAW leaders

Aug. 3, 2020 6:06 PM EDT

DETROIT (AP) — General Motors is asking a federal judge to reconsider his dismissal of a lawsuit against Fiat Chrysler based on new allegations that FCA bribed union officials and GM employees with millions stashed in secret foreign bank accounts. GM alleges that bribes were paid to former United Auto...

FILE - This Oct. 17, 2018 photo shows a Chevrolet Volt hybrid car charging at a ChargePoint charging station at a parking garage in Los Angeles.  The country, and the world, will need thousands more for drivers to accept vehicles that are powered by batteries alone. But automakers and charging companies are struggling to raise the numbers now because they’re investing before demand arrives. With more than 40 fully electric vehicles on the market in the U.S. or coming within the next three years, however, auto and charging company executives say the demand is on the way.(AP Photo/Richard Vogel, File)

Plug it in: Electric car charging station numbers are rising

Jul. 31, 2020 4:27 PM EDT

DETROIT (AP) — When the electric car revolution arrives, will there be enough places to plug in? There are now 26,000 electric vehicle charging stations open to the public in the U.S., with more than 84,000 plugs. But the country, and the world, will need thousands more if drivers are going to adopt...