General Motors Co

GM temporarily halts paid advertising on Twitter

The largest U.S. automaker said it was "engaging with Twitter to understand the direction of the platform under their new ownership."

Lithium producers grow bullish as electric vehicle revolution turbocharges demand

Albemarle, the world's largest lithium producer, aims to double its production capacity to 175,000 tonnes by the end of the year when two construction projects are complete.

GM recalls 3.5 million US vehicles due to braking issue

The company did not immediately say on September 11 how many injuries or crashes are linked to the issue but said it could impact braking in 'rare circumstances.'

General Motors recalls 368,000 larger duty trucks for fire risks

GM said the remedy for the issue was still under development, and told dealers on April 25 the company was working with the supplier "to obtain the required parts as quickly as possible."

General Motors bets a GEM can deliver gold in developing markets

At events this week ahead of the Shanghai Auto Show, the No. 1 U.S. automaker plans to unveil two small SUVs that will be part of a new family of sedans and SUVs the automaker forecasts will make up one in five of its global vehicle sales by 2023.

GM CEO Mary Barra will keep 'open mind' on plant closings

Barra came under pressure from Ohio's two U.S. senators and other lawmakers who want GM to shift production of a vehicle from Mexico or build electric vehicles at the Lordstown Assembly plant in their state that the automaker has said it intends to close.

GM may raise investment plan for South Korean unit: Source

GM President Dan Ammann will be also visiting South Korea on Thursday to meet lawmakers and government officials including Korea Development Bank Chairman Lee Dong-gull to discuss investment plans, people familiar with the matter told Reuters.

GM to invest $100 million to upgrade facilities to build self-driving cars

The largest U.S. automaker also said roof modules for GM’s self-driving vehicles will be assembled at its Brownstown Battery Assembly plant.

General Motors moving quickly towards self-driving cars: Dan Ammann

GM's acquisition earlier this month of LIDAR technology company Strobe may have been the final missing piece, GM President Dan Ammann told Reuters. More acquisitions are unlikely, as Ammann said GM's autonomous business is, for the moment, complete.

General Motors doubles self-driving cars test fleet in California

As the company increases the size of its test fleet, it has also reported more run-ins between its self-driving cars and human-operated vehicles and bicycles, telling California regulators its vehicles were involved in six minor crashes in the state in September.

Ford, Lyft will partner to deploy self-driving cars

Ford self-driving test vehicles will be connected to Lyft’s network, but at first, customers will not be able to use them, Sherif Marakby, Ford’s vice president for autonomous vehicles and electrification, told Reuters. Ford will put human-driven vehicles on Lyft’s network.

Tesla seeks $1.5 billion junk bonds issue to fund Model 3 production

The debt offering marks Tesla's debut in the junk-bond market and the company will start road-shows on Monday, IFR reported, citing lead bankers on the deal.

Ford results foreshadow tougher times for Detroit automakers

Ford said full-year pre-tax profit, automotive operating margins and cash flow would be lower than 2016 results, sending the company's shares down 2.1 percent.

General Motors promises to cut high inventory as profit beats expectations

The No. 1 U.S. automaker also maintained its earnings outlook for 2017 despite falling revenue. Shares were up 0.7 percent at $36.07 at mid-afternoon.

General Motors is accused in lawsuit of cheating on diesel truck emissions

The proposed class-action lawsuit covers people who own or lease more than 705,000 Chevrolet Silverado and GMC Sierra pickups fitted with "Duramax" engines from the 2011 to 2016 model years.

General Motors to cut jobs in international HQ in Singapore: Source

GM International - which oversees markets such as India, Southeast Asia, and South Korea, among others - will reduce its staff to about 50 from 180 by the year end, according to a person with knowledge of the matter.

Volkswagen plans all-electric car for China next year

The announcement today comes on the eve of the Shanghai auto show, which showcases industry efforts to create electric models with consumer appeal. General Motors Co.'s Buick unit and Ford Motor Co. also have announced new electric vehicles for China this year.

China's SAIC Motor to buy factory in India from General Motors

SAIC did not give further details in its filing with the Shanghai Stock Exchange.

GM will rehire 500 Michigan workers slated for layoffs

GM said last week it planned to lay off 1,100 workers in May at its Lansing Delta Township assembly plant in Michigan. The company is moving production of the GMC Acadia mid-size SUV to Spring Hill, Tennessee, from the factory, which will build just two models, the Chevrolet Traverse and Buick Enclave SUVs.