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GM to Relocate Corporate Base to Hudson's Tower, Plans Renaissance Center Redevelopment
General Motors is set to move its headquarters to a new skyscraper in downtown Detroit, marking a significant shift from its long-standing base at the Renaissance Center. This move was confirmed ahead of a scheduled press conference with GM CEO Mary Barra and Dan Gilbert, a prominent real estate developer and owner of the NBA's Cleveland Cavaliers. General Motors is set to move its headquarters to a new skyscraper in downtown Detroit, marking a significant shift from its long-standing base at the Renaissance Center. This move was confirmed ahead of a scheduled press conference with GM CEO Mary Barra and Dan Gilbert, a prominent real estate developer and owner of the NBA's Cleveland Cavaliers. -
UAW Strike Update: GM to Pour $13 Billion into U.S. Electric Vehicle Future, UAW Scores Historic Wage Hike
In an ambitious leap toward the future of electric vehicles (EVs), General Motors has unveiled plans to invest approximately $13 billion in U.S. facilities by April 2028, according to the United Auto Workers (UAW) union's recent tentative deal disclosure. This strategic move not only underscores GM's commitment to electric innovation but also exemplifies the union's leverage in securing unprecedented economic gains for auto workers. In an ambitious leap toward the future of electric vehicles (EVs), General Motors has unveiled plans to invest approximately $13 billion in U.S. facilities by April 2028, according to the United Auto Workers (UAW) union's recent tentative deal disclosure. This strategic move not only underscores GM's commitment to electric innovation but also exemplifies the union's leverage in securing unprecedented economic gains for auto workers. -
GM Q2 Results Soar Beyond Predictions: Revenue and Profits Flourish Amid Fuel Vehicles Sales Spike, Performance Guidelines Upped for Second Time This Year
On Tuesday, due to better-than-expected demand for new vehicles and reduced expenditures, General Motors (GM) released robust financial results premarket and raised its performance guidance for the second time this year. On Tuesday, due to better-than-expected demand for new vehicles and reduced expenditures, General Motors (GM) released robust financial results premarket and raised its performance guidance for the second time this year. -
Honda, GM Collaborate To Produce Breakthrough Hydrogen Fuel Cell System
The Japanese carmaker is seeking to expand the use of its new system not only for its own fuel cell electric vehicles The Japanese carmaker is seeking to expand the use of its new system not only for its own fuel cell electric vehicles -
Toyota Nearing EV Tax Credit Cap For U.S. Electric Car Buyers
Toyota estimates that it would reach the 200,000-vehicle limit for tax credits by the end of June. Toyota estimates that it would reach the 200,000-vehicle limit for tax credits by the end of June. -
GM Discloses Sale Of Stake In Cash-Strapped Lordstown Motors
GM said it had sold its stake in Lordstown during the fourth quarter after the stock's lock-up period expired. GM said it had sold its stake in Lordstown during the fourth quarter after the stock's lock-up period expired. -
GM Establishing A More' North American-Focused' Supply Chain
General Motors has signed several deals with domestic suppliers to reduce its dependence on Chinese imports. General Motors has signed several deals with domestic suppliers to reduce its dependence on Chinese imports. -
Elon Musk Says White House Did Not Invite Tesla To Electric Car Event
Tesla sells more electric cars than anyone in the U.S. Tesla sells more electric cars than anyone in the U.S. -
GM Expects Chip Shortage And Inflation To Weigh Down H2 Profits
GM said it expects to spend up to $3 billion more in the second half of the year due to the ongoing chip shortage and rising commodity prices. GM said it expects to spend up to $3 billion more in the second half of the year due to the ongoing chip shortage and rising commodity prices. -
GM Reveals Plan To Go All-Electric By 2035
General Motors said it will be completely carbon neutral in 2035, phasing out gas-powered vehicles. General Motors said it will be completely carbon neutral in 2035, phasing out gas-powered vehicles.