GM CEO tells investors the automaker is building new revenue streams that could create opportunities for suppliers, startups and high-tech workers. DETROIT – When General Motors CEO Mary Barra spoke with Wall Street investors during the company's second-quarter earnings call last week, she delivered a message that could have significant implications for Michigan's economy. GM's
DETROIT - In recent weeks, automakers and other companies in the vehicle space are pulling back their investments in electric vehicles, including laying off workers in multiple states. The moves come in the wake of Republicans’ One Big Beautiful Bill Act, which repealed incentives for consumers to buy electric cars. GM in particular is set
DETROIT - General Motors and Hyundai together make more vehicles than any other single automaker in the world. Between us, we run nearly two dozen assembly plants, building cars, trucks, and SUVs spread across key markets worldwide. And we’re both in the top 50 for U.S. patents - a clear sign that innovation drives what
DETROIT - General Motors and Nissan are boosting production at their US-based plants, while Chrysler-parent Stellantis has rolled out bigger discounts in response to President Trump’s reciprocal tariffs. GM said it was adjusting its manufacturing strategy by shifting more production of its popular light-duty trucks to Fort Wayne, Ind., following the Trump administration’s imposition of a
DETROIT - General Motors is planning to boost production of light-duty trucks in the U.S. as the industry addresses challenges tied to President Donald Trump's latest round of auto tariffs. The major automaker is adding several hundred temporary workers to maximize production of light-duty trucks at its Fort Wayne, Indiana, assembly plant, the company told FOX Business.
DETROIT - Commercial trucks, heavy machinery, generators, and, to a lesser extent, passenger cars will be powered by hydrogen fuel cells that GM and Honda have begun producing. The hydrogen-powered Honda CR-V, which will debut in March 2024 and eventually be offered for sale in limited quantities in California, will employ the fuel-cell modules that
KALAMAZOO — A first-of-its-kind public-private investment partnership totaling more than a combined $4.7 million will offer new state-of-the-art EV and semiconductor education and career opportunities to students across Southwest Michigan, Greater Grand Rapids and beyond beginning in 2025. The goal — announced by Michigan University, Kellogg Community College and the Michigan Economic Development Corp., as
DETROIT - General Motors CEO Mary Barra has said there are so many companies trying to sell electric vehicles in China right now that it's driving a price war that isn't sustainable. Barra made the comments at the TechCrunch Disrupt conference in San Francisco on Tuesday, responding to a question about the explosion of EV sales
DETROIT - General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and lifetime of electric vehicle battery cells. The automaker’s investment arm, GM Ventures, on Wednesday injected $10 million into Forge Nano, which is developing a thin coating the startup says will help improve safety
DETROIT - General Motors may be about to become a leader in the growing market for electric vehicles. This looked unlikely even six months ago, when production problems and sales delays haunted the automaker’s rollout of its much-hyped EVs. The tables are turning, thanks to a combination of consistent management, strategic thinking and delays and
