Latest Mary Barra News

FILE - In this Feb. 19, 2017, file photo, Wei Jianjun, chairman of Great Wall Motors Ltd., gestures as he speaks during an event celebrating it sales passing the one million mark, at the Great Wall headquarters in Baoding in north China's Hebei province. General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday, Feb. 17, 2020 from officials concerned over job losses.  The words behind reads

GM plans to pull out of Australia, New Zealand and Thailand

Feb. 17, 2020 7:29 AM EST

DETROIT (AP) — General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday from officials concerned over job losses. The company said in a statement Sunday that it plans to wind...

FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange.  Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money in 2019. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018.  (AP Photo/Richard Drew, File)

GM churns out profit in 2019 despite strike, slumping sales

Feb. 5, 2020 12:03 PM EST

DETROIT (AP) — Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money last year. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. GM couldn't avoid red ink the fourth quarter, though. The automaker...

Mark Reuss, President, General Motors speaks at the GM Detroit-Hamtramck Assembly plant in Hamtramck, Mich., Monday, Jan. 27, 2020. General Motors is spending $2.2 billion to refurbish the underused factory so it can build a series of electric and self-driving vehicle. (AP Photo/Paul Sancya)

GM to invest $2.2B in Detroit to build electric vehicles

Jan. 27, 2020 10:10 AM EST

DETROIT (AP) — General Motors is spending $2.2 billion to refurbish an underused Detroit factory so it can build a series of electric and self-driving vehicles, eventually employing 2,200 people. GM said in a statement Monday that the factory will start building the company's first electric pickup late in...