GM CEO Mary Barra to Meet With Ivanka Trump at Job Training Site
General Motors Co. CEO Mary Barra will meet Sept. 2 with President Donald Trump’s daughter and adviser, Ivanka Trump, who is scheduled to tour the automaker’s training center north of Detroit.
GM’s CFO Resigns to Join Fintech Startup Stripe
General Motors Co.’s chief financial officer is stepping down after two years to take a job at a financial technology company in an unexpected move prompting the automaker to appoint an acting successor.
Hertz Seeks Bankruptcy Loan as Car Rental Volume Slowly Recovers
Hertz Global Holdings Inc. is seeking debtor-in-possession financing more than two months after filing for Chapter 11 protection, reflecting the reality that it still faces trouble ahead if travel doesn’t bounce back.
GM to Build Nationwide EV Charging Network
General Motors Co. is working with electric-vehicle charging operator EVgo Services to build a nationwide fast-charging infrastructure.
Hertz Halts Plan to Sell ‘Worthless’ Stock on SEC Scrutiny
Hertz suspended plans to raise cash by selling new shares that the bankrupt car renter described as potentially “worthless” after its proposal failed to pass muster with regulators.
GM Secures $490 Million US Contract to Make Ventilators
The U.S awarded General Motors Co. and its partner Ventec Life Systems a $489.4 million contract to make 30,000 ventilators by the end of August, finalizing a deal that briefly was a point of contention for President Donald Trump.
GM’s Draw-Down Preserves Dividend, Signals Edge Over Ford
General Motors Co. joined Ford Motor Co. in tapping its credit lines to stock up on cash, but the bigger automaker is signaling superiority over its Detroit rival by leaving its dividend intact for now.
GM Works to Shield US Truck Plants From Virus Disruption
General Motors Co. is working to maintain the flow of parts to some of its most profitable U.S. plants to keep them from becoming the next factories to be idled due to the coronavirus spreading in China.
GM to Rely on Cash-Cow SUVs to Overcome Auto Market Weaknesses
General Motors Co. predicted robust sales of new trucks and big SUV models will help it avert the kind of earnings decline this year that its rivals are bracing for.
GM’s Super Cruise to Join Tesla’s Autopilot in the Passing Lane
The race for first place in hands-free driving will intensify later this year when General Motors Co. begins selling an advanced version of its Super Cruise system.