Mary Barra News

28.01 / 13:21

markets COST CEO Chevrolet performer country General Motors swings to fourth quarter loss on charges related to China, but tops expectations

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street

26.11 / 03:23

Citi CEO Entertainment reports Sporting Detroit's iconic Renaissance Center could see 2 towers razed in $1.6B redevelopment plan

Two towers at Detroit’s iconic Renaissance Center would be razed and the complex converted to a mix of housing and offices under an ambitious $1.6 billion plan announced on Monday

18.11 / 04:49

markets Fighting Strategy Sustainability wellness rights America got the world driving. Now it’s going home

Carl Benz might have invented the automobile, but it’s the United States that got us to drive them. The relentless export of American cars and car culture put the world on the road in the 20th century. By the 1960s, Ford Motor Co. had plants in almost every major European country, as well as Argentina, Brazil, Egypt, India, Israel, Peru, Pakistan, South Africa, Turkey, and Zimbabwe. Right now, it’s passing that baton to China with barely a fight. The US car industry that emerges will be smaller, less influential — and, eventually, less profitable and financially sustainable.

08.10 / 06:43

markets COST Digital Volkswagen wellness country Features Decision time for GM in China: Stay, scale back or go

Subscribe to enjoy similar stories. General Motors, long a dominant player in China, was hoping to reinvigorate its faltering business in the world’s largest car market with an influx of new models over the past two years. Among them was the electric Cadillac Lyriq, a flashy luxury car that executives hoped would appeal to Chinese consumers who were increasingly gravitating to plug-in cars.

28.09 / 08:27

markets UPS Career CEO students Xerox International Hire the intern as CEO. Seriously—Just Do It.

Subscribe to enjoy similar stories. After the call that would transform his life, Elliott Hill hung up the pay phone, stuffed everything he owned in his car and drove from Ohio to Tennessee so he could start his dream job at Nike. But when he walked into the company’s Midwest regional sales office for his first day of work, there was just one problem.

12.09 / 17:51

COST CEO Hyundai wellness General Motors and Hyundai explore production and technology collaboration

General Motors and Hyundai will explore a potential collaboration to develop vehicles, improve supply chains and advance clean-energy technology

12.09 / 11:58

COST Target Tesla Hyundai wellness International GM, Hyundai explore partnership to develop vehicles together

General Motors and Hyundai Motor are exploring a partnership that could mean savings on items like steel and electric-vehicle battery materials or even result in the joint development and production of vehicles, the companies said Thursday. The American and Korean automakers are looking for additional scale as they navigate a costly transition from internal combustion engines to EVs.

24.07 / 07:59

markets Provident wellness Chevrolet performer reports International A very strong quarter at General Motors is overshadowed by potential headwinds for industry

U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that helped push the company’s net income 15% above a year ago

10.06 / 20:29

Williams CEO awards Broadcom trends reports Features Who are the highest-paid S&P 500 CEOs of 2023?

Broadcom Inc CEO Hock Tan emerged as the highest paid chief executive in 2023, with a total compensation of $161,826,161.

04.06 / 16:49

markets UPS Digital Apple Software President GM promotes 2 former Apple executives to key roles in developing software and digital services

General Motors has promoted two former Apple executives to run its software and services operations as it ramps up efforts to develop and market electric, autonomous and connected vehicles

24.04 / 05:23

UPS CEO show performer reports testing General Motors reports strong first-quarter profits

Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles

16.04 / 10:33

UPS Citi CEO Death Department Sporting General Motors to move Detroit HQ to new downtown building, plans to redevelop Renaissance Center

General Motors will move its Detroit headquarters to a new downtown office building next year and redevelop its iconic home along the Detroit River

11.04 / 15:41

markets COST Manufacturing Gap wellness Kingstone reports 'Tall order to ask the average Canadian': EVs are twice as hard to sell today

As automakers continue to delay their electric-vehicle plans and report lower-than-expected sales, Canada’s goal of ensuring that at least 20 per cent of new vehicles sold by 2026 are electric seems to be in jeopardy.

15.02 / 17:52

CEO GM looking at the best path to unlock value at Cruise, CEO Barra says

(Reuters) — General Motors (NYSE:GM) Chief Executive Mary Barra said on Thursday that the automaker was looking at the best path to unlock value at its self-driving unit Cruise.

30.01 / 07:11

markets Hyundai Research Chevrolet show rights International Dealers to GM: We Want Hybrids

Some influential dealers are pressing General Motors to introduce hybrid models, worried they risk losing customers who aren’t ready to make the switch to fully electric cars. Dealers who serve on advisory committees to the automaker have urged executives in several recent meetings to add hybrids to GM’s lineup, according to people involved in the discussions. GM has focused on fully electric cars in recent years and largely bypassed hybrids, which pair an internal combustion engine with a small battery and electric motor to boost fuel efficiency.

25.01 / 14:26

markets Target CEO Hyundai Daimler testing Honda, GM fuel cell venture launches commercial production

By Joseph White

18.01 / 23:15

CEO Compilation Entertainment Align performer 2020 recommendations Nelson Peltz seeks a seat on Disney's board, and some changes

Nelson Peltz’s Trian Fund Management is formally nominating the activist investor and a former Disney executive for a seat on Disney’s board, two days after the media and entertainment company nominated its own slate of directors

14.01 / 13:29

UPS Software Tesla Hyundai Chevrolet reports testing Chevy Blazer Troubles Add to GM’s EV Growing Pains

As one of the nation’s first owners of General Motors’ new electric Chevrolet Blazer, James Hattin was loving the SUV—before the problems began. On a trip from the mountains back to his home in Burbank, Calif., he and his wife heard weird clicking noises coming from the dashboard. A short time later, the cruise control went out.

07.12 / 12:57

Provident Fox CEO President information reports GM requiring salaried workers return to office starting in January

In a speech in San Diego on Friday, President Biden said General Motors committed to going 'all electric by 3035.'

29.11 / 22:43

Target CEO Action President travelers Costs GM says strike cost $1.1B, but it can absorb rising labor costs as it raises dividend

Clearly frustrated with its languishing share price, General Motors is announcing a massive stock buyback plan, raised its dividend and told investors it can absorb increased labor costs from a six-week autoworkers strike

29.11 / 12:16

CEO love surges General Motors surges on $10 billion buyback plan, increased dividend

General Motors (NYSE:GM) has reinstated its 2023 earnings guidance today as it continues to expect net income in the range of $9.1 billion to $9.7 billion.

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