Mary Barra
General Motors’ China business is hurting, and it’s not just because of Covid
A worker checks the quality of a vehicle before rolling off the assembly line at the production workshop of SAIC General Motors Wuling in Qingdao, East China’s Shandong province, Jan. 28, 2023. (Photo credit should read CFOTO | Future Publishing | Getty Images General Motors is losing ground in China, its top sales market for more […]
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GM offers buyouts to ‘majority’ of U.S. salaried workers
GM CEO Mary Barra talks with media prior to the start of the 2017 General Motors Company Annual Meeting of Stockholders Tuesday, June 6, 2017 at GM Global Headquarters in Detroit, Michigan. Photo by John F. Martin for GM DETROIT – General Motors will offer voluntary buyouts to a “majority” of its U.S. white-collar employees, as […]
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General Motors cuts 500 salaried employees
Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors is cutting hundreds of salaried positions as it follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits. The cuts affect about 500 positions, according to a person familiar with the plans, which were […]
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GM, LG end plans for fourth U.S. battery cell plant as automaker seeks new partner
GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. GM DETROIT – General Motors and LG Energy Solution have indefinitely shelved plans to build a fourth battery cell […]
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GM battery plant workers vote to unionize with UAW, a key win for labor as industry shifts to EVs
Speaking in front of a backdrop of American-made vehicles and a United Auto Workers (UAW) sign, Democratic U.S. presidential nominee and former Vice President Joe Biden speaks about new proposals to protect U.S. jobs during a campaign stop in Warren, Michigan, U.S., September 9, 2020. Leah Millis | Reuters DETROIT — Workers at a General Motors […]
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Here is what America’s top rated CEOs are indicating about a doable economic downturn in 2023
Basic Motors CEO Mary Barra speaks all through a visit of the US president to the General Motors Factory ZERO electrical car or truck assembly plant in Detroit, Michigan on November 17, 2021. Mandel Ngan | AFP | Getty Visuals As 2023 techniques and the prospect of a economic downturn looms, corporate America is getting […]
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GM continues to evaluate Twitter advertising suspension following Musk takeover
General Motors continues to monitor Twitter and evaluate its decision to suspend advertising on the social media platform following Elon Musk’s takeover of the company, CEO Mary Barra told CNBC Tuesday. Barra said that the automaker’s decision to suspend advertising in October was in part an effort to protect its brands but was also influenced […]
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Ford claims No. 2 spot in EVs behind Tesla – but gap remains wide
Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT – Ford Motor said Friday that it has achieved CEO Jim Farley’s goal of becoming the second best-selling automaker of electric vehicles in the U.S. […]
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GM expects EV profits to be equivalent to fuel motor vehicles by 2025, a long time in advance of program
Mary Barra, Chair and CEO of the Typical Motors Business (GM), speaks for the duration of the Milken Institute World Conference in Beverly Hills, California, on May perhaps 2, 2022. Patrick T. Fallon | AFP | Getty Photos Basic Motors expects its new electric automobile income to be in-line with common autos and vehicles with […]
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Ford vs. GM: Same Industry, two increasingly different companies
Jim Farley, CEO, Ford, left, and Mary Barra, CEO, General Motors Reuters; General Motors DETROIT — “Same industry. Two different companies.” That’s how influential Morgan Stanley auto industry analyst Adam Jonas recently described General Motors and Ford Motor — bitter rivals for more than a century. The two have consistently attempted to outgun each other […]
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