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Motors

General Motors to wind down Australia, New Zealand operations, sell Thailand plant By Reuters

2020-02-16
By: Staff Writer

© Reuters. FILE PHOTO: Logo of General Motors is pictured at its plant in Silao NEW YORK (Reuters) – General Motors Co (N:) is retreating from more markets outside of the United States and China, saying on Sunday that it will wind down sales, design and engineering operations in AustraliaRead More →

Lordstown Motors pursuing $200 million U.S. retooling loan, will show EV truck at Detroit show: CEO By Reuters

2020-01-28
By: Staff Writer

By David Shepardson WASHINGTON (Reuters) – Electric pickup truck start-up Lordstown Motors is pursuing a $200 million loan from a U.S. Energy Department program to retool a former General Motors (N:) factory in northeast Ohio, Chief Executive Steve Burns told Reuters. Burns met with Energy Secretary Dan Brouillette on MondayRead More →

Nissan, Renault, Mitsubishi Motors agree to form new venture for advanced R&D: Kyodo By Reuters

2019-11-30
By: Staff Writer

TOKYO (Reuters) – The Nissan Motor Co (T:), Renault SA (PA:) and Mitsubishi Motors Corp (T:) alliance has agreed to form a new company focused on research and development of advanced automotive technologies, Kyodo News said. The three companies will announce a concrete plan in January, Kyodo reported on Sunday,Read More →

Trump prods General Motors over its auto plants in China By Reuters

2019-08-30
By: Staff Writer

© Reuters. The GM logo is seen at the General Motors Warren Transmission Operations Plant in Warren, Michigan By David Shepardson and David Alexander WASHINGTON (Reuters) – U.S. President Donald Trump, who is engaged in a trade war with Beijing, said on Friday that the largest U.S. automaker, General MotorsRead More →

The rise and fall and rebirth of General Motors By Business Insider

2019-05-27
By: Staff Writer

General Motors (NYSE:) is 110 years old. Founded in 1908, GM rose to dominate the US auto industry. But it declined in the 1980s and 1990s, and in 2009 it was bailed out and went bankrupt. By 2019, however, the definitive American corporation had recovered. The story of General MotorsRead More →

Trump urges General Motors to reopen Ohio plant in tweet By Reuters

2019-03-16
By: Staff Writer

© Reuters. A sign welcomes visitors to the General Motors Lordstown Complex assembly plant in Warren WASHINGTON (Reuters) – U.S. President Donald Trump urged General Motors Co (N:) to reopen Ohio plant in a tweet on Saturday, ten days after the plant made its last Chevrolet Cruze. The last CruzeRead More →

Kia Motors considers suspending its No.1 plant in China: source By Reuters

2019-03-10
By: Staff Writer

© Reuters. 89th Geneva International Motor Show in Geneva SEOUL (Reuters) – Kia Motors may halt operations at its No.1 plant in China as part of its longer-term efforts to enhance competitiveness, a source familiar with the matter said on Sunday. Kia Motors said in a statement after the sourceRead More →

General Motors says in talks to invest $2.73 billion in Brazil till 2024 By Reuters

2019-02-02
By: Staff Writer

© Reuters. The GM logo is seen at the General Motors plant in Sao Jose dos Campos SAO PAULO (Reuters) – General Motors Co (NYSE:) said on Saturday it is negotiating “feasibility conditions” to invest 10 billion reais ($2.73 billion) in Brazil from 2020 to 2024, after having warned lastRead More →

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