Latest General Motors Co News

GM posts $2.8B profit, but cautious tone sinks share price

Aug. 04, 2021 17:45 PM EDT

DETROIT (AP) — General Motors posted a healthy $2.8 billion second-quarter profit Wednesday, but its cautious outlook for the rest of the year spooked investors. The Detroit automaker made the strong profit despite a global shortage of computer chips that have forced...

Kids and cars: Today's teens in no rush to start driving

Aug. 04, 2021 16:48 PM EDT

DETROIT (AP) — Michael Andretti has a 21-year-old son with zero interest in obtaining a driver’s license. Rideshare apps get him where he wants to go. In New Jersey, the 16-year-old daughter of a local short track racer took a five-minute driving lesson on a golf...

NYC, big employers taking hard line against vaccine holdouts

Aug. 03, 2021 18:02 PM EDT

New York City, Microsoft, Tyson Foods and the U.S. auto industry joined a cascading number of state and local governments and major employers Tuesday that are taking a hard line against both the surging delta variant and the holdouts who have yet to get vaccinated. “The...

Tyson Foods, Microsoft to require vaccination for US workers

Aug. 03, 2021 14:30 PM EDT

ARLINGTON, Va. (AP) — Tyson Foods will require all of its U.S. employees to get vaccinated against COVID-19, becoming one of the first major employers of front-line workers to do so amid a resurgence of the virus. Microsoft also announced Tuesday that it will require...

Ex-Sen. Levin, Michigan’s longest-serving senator, has died

Jul. 30, 2021 15:13 PM EDT

DETROIT (AP) — Former Sen. Carl Levin, a powerful voice on military issues in Washington and a staunch supporter of the auto industry back home in Michigan during his record tenure in the U.S. Senate, has died. He was 87. The Harvard-educated civil rights attorney and...

Carl Levin, Michigan's longest-serving senator, dies at 87

Jul. 30, 2021 15:03 PM EDT

DETROIT (AP) — Famous for gazing over eyeglasses worn on the end of his nose, Carl Levin seemed at ease wherever he went, whether attending a college football game back home in Michigan or taking on a multibillion-dollar corporation before cameras on Capitol Hill. ...

Climate bid faces tricky path over money for electric cars

Jul. 29, 2021 17:40 PM EDT

WASHINGTON (AP) — The bipartisan compromise on infrastructure cuts in half President Joe Biden’s call for $15 billion to build 500,000 electric vehicle charging outlets, raising the stakes as the administration seeks to win auto industry cooperation on anti-pollution rules to curb climate...

Transportation funding panel advancing a $15.6B package

Jul. 29, 2021 11:35 AM EDT

HARRISBURG, Pa. (AP) — A transportation funding commission set up by Gov. Tom Wolf to find ways to end Pennsylvania's reliance on its gas tax will issue a $15.6 billion package of recommendations, which lean heavily on shifting to a vehicle-miles-traveled fee that numerous states are...

Transportation funding report could launch years of debate

Jul. 27, 2021 17:29 PM EDT

HARRISBURG, Pa. (AP) — A transportation funding commission is preparing to recommend how to raise billions more dollars in Pennsylvania for a 21st-century highway system, a report that will land at a politically touchy time and is expected to kick off a debate that could last years. ...

EXCLUSIVE: Biden mileage rule to exceed Obama climate goal

Jul. 27, 2021 17:17 PM EDT

WASHINGTON (AP) — In a major step against climate change, President Joe Biden is proposing a return to aggressive Obama-era vehicle mileage standards over five years, according to industry and government officials briefed on the plan. He's then aiming for even tougher anti-pollution rules...