Latest General Motors Co News

UAW workers ratify new contract with Fiat Chrysler

Dec. 11, 2019 5:44 PM EST

DETROIT (AP) — Unionized workers at Fiat Chrysler have voted overwhelmingly to approve a new four-year contract with the company. The ratification means the United Auto Workers union has settled with all three Detroit automakers. General Motors workers ratified an agreement in October after a 40-day...

Amid climate change concern, GM rolls out big new Chevy SUVs

Dec. 10, 2019 8:50 PM EST

MILFORD, Mich. (AP) — Global concerns about climate change are not stopping General Motors from making large SUVs for U.S. drivers. GM on Tuesday rolled out the next generation of its big truck-based SUVs with more space and features. They're also heavier with only a small improvement in gas mileage. The...

Kim Woo-choong, founder of Daewoo business group, dies

Dec. 10, 2019 4:45 AM EST

SEOUL, South Korea (AP) — Kim Woo-choong, the disgraced founder of the now-collapsed Daewoo business group whose rise and fall symbolized South Korea’s turbulent rapid economic growth in the 1970s, has died. He was 82. Kim died of pneumonia on Monday night at a hospital in Suwon, just south of...

GM lending $40M to startup company buying closed Ohio plant

Dec. 9, 2019 4:04 PM EST

TOLEDO, Ohio (AP) — General Motors has agreed to loan $40 million to a newly formed company that wants to make electric pickup trucks at a massive Ohio assembly plant GM shut down earlier this year. The agreement between the two companies also would allow GM to buy back the plant up until next May,...

GM, Korea's LG Chem in venture to build factory in Ohio

Dec. 5, 2019 7:25 PM EST

WARREN, Mich. (AP) — General Motors and Korea's LG Chem have formed a joint venture to build an electric vehicle battery cell factory near Lordstown, Ohio, east of Cleveland. The companies also will work together on battery technology to bring down the cost for future GM electric vehicles. The new plant...

Amid scandal, UAW leaders name Rory Gamble as president

Dec. 5, 2019 1:29 PM EST

DETROIT (AP) — Members of the United Auto Workers executive board have voted to appoint Rory Gamble as the union's new president. He will serve the remainder of former President Gary Jones' term, which runs until the union’s convention in June of 2022. Jones stepped down last month after being...

Retired UAW vice president is the latest to plead guilty

Dec. 4, 2019 6:00 PM EST

DETROIT (AP) — A retired vice president at the United Auto Workers pleaded guilty Wednesday to corruption charges, admitting he received a $250,000 kickback after arranging a contract for 58,000 watches. Joe Ashton led the union's General Motors department until July 2014 and also had a seat on the...

Local union leaders send Fiat Chrysler contract to members

Dec. 4, 2019 5:41 PM EST

DETROIT (AP) — Union leaders from Fiat Chrysler factories are sending a new four-year contract to a membership vote. The 47,000 members of the United Auto Workers union at the company will vote on the deal starting Friday. Local leaders assembled on Wednesday in Detroit to go over the pact, which...

UAW bolsters financial controls after embezzlement scandal

Dec. 2, 2019 5:45 PM EST

DETROIT (AP) — The United Auto Workers union has replaced its auditing firm, added four internal auditors and hired a big accounting firm to study its financial controls in an effort to prevent a repeat of the embezzlement and bribery discovered in a federal probe of the union. The moves announced Monday...

Fiat Chrysler, auto union reach tentative deal on contract

Nov. 30, 2019 12:53 PM EST

DETROIT (AP) — The United Auto Workers and Fiat Chrysler reached a tentative agreement Saturday on a new four-year contract, which includes a total of $9 billion in investments but still needs final approval from workers. Both sides declined to offer details on the deal, but it includes a $9,000 bonus for...