General Motors

Hyundai is now world’s third largest carmaker; only behind Toyota, Volkswagen

While in India, Hyundai is the second best-selling car brand, apart from being the biggest exporter of vehicles, globally, it's now the third largest carmaker.

Dec 26, 2022, 14:49 PM IST

The Beast: Know everything about Joe Biden's ride; this Presidential Limousine is world’s safest car

Joe Biden, 78 along with Kamala Harris, 56 will take oath in some time. Joe Biden will be the oldest president in the history of USA. Among other things, the official state car of the President of the United States of America is a topic of great attraction. This is considered as the safest vehicle on the planet, and is called "The Beast".

Jan 20, 2021, 19:40 PM IST

General Motors Korea to suspend assembly line as virus hits parts supply

One of the two assembly lines at GM Korea's Bupyeong complex, west of Seoul, which can make over 400,000 vehicles annually, will be closed next Monday and Tuesday due to shortages of parts from China, said a company representative.

Feb 12, 2020, 13:49 PM IST

General Motors rolls back 'radical' plan to offer only 3-cylinder engines in some China cars: sources

GM went further than competitors, discontinuing four-cylinder versions for many models in the world`s largest auto market.

Feb 05, 2020, 13:07 PM IST

General Motors braces for nationwide strike in 12 years

GM has long been criticized by President Donald Trump for moving production to Mexico as well as closing assembly plants in Ohio and Michigan, which could be key states in the elections in 2020.

Sep 16, 2019, 11:22 AM IST

General Motors to close plants, cut staff by 15%, faces criticism from Donald Trump

The automaker said it will close two assembly plants in the US and one in Canada, along with two others in as-yet-unidentified countries.

Nov 27, 2018, 08:58 AM IST

GM to cut car production in North America, halt some models: Source

Cost pressures on GM and other automakers and suppliers have increased as demand has waned for traditional sedans.

Nov 26, 2018, 21:08 PM IST

GM plants to cut 5,000 South Korean jobs, keep production at current level

The US automaker announced last month that it would shut down a factory in Gunsan, southwest of Seoul.

Mar 02, 2018, 15:45 PM IST

GM CEO promises profitable electric vehicles by 2021

The company aims to cut the cost of its lithium-ion batteries to less than $100 per kilowatt-hour from $145 per kilowatt-hour by 2021, which would bring the overall cost of electric vehicles much closer to comparable gasoline-engine models.

Nov 15, 2017, 23:50 PM IST

Wall Street hits new record as techs, autos rise

Eight of the 11 major S&P indexes were higher, led by technology and consumer discretionary sectors.

Oct 04, 2017, 00:01 AM IST

Nissan unveils new electric car in bid to drive off competition

The second-generation Nissan Leaf has a potential range of 400 kilometres (250 miles) between charges, compared with 250 kilometres for its previous version.

Sep 06, 2017, 15:40 PM IST

GM dealers plan class action suit over 'measly' compensation

Dealers of General Motors, which has decided to stop selling vehicles in India by year-end, are gearing up to drag the auto major to court while also exploring possibility of a class action suit in the US, over "measly" compensation.

Jun 08, 2017, 12:17 PM IST

General Motors to cut jobs in international HQ in Singapore -source

About 90 employees will leave the company by the end of June and 40 by the end of 2017.

May 25, 2017, 15:06 PM IST

General Motors ceases production at Halol plant

GM has been in talks with China's SAIC Motor Corporation to sell the plant.

Apr 28, 2017, 15:30 PM IST

GM plans to launch 10 electric cars in China by 2020

Beijing has the most aggressive electric car goals and is pressing global automakers to help develop the industry.

Apr 22, 2017, 17:18 PM IST

PSA pays GM $2.3 billion for Opel, sets first recovery goals

PSA Group has agreed to buy Opel from General Motors in a deal valuing the business at 2.2 billion euros ($2.3 billion), creating a new regional car giant to challenge market leader Volkswagen.

Mar 06, 2017, 13:54 PM IST

GM falls out of love with Opel, sells it to Peugeot

PSA Group has agreed to buy Opel from General Motors in a deal valuing the business at 2.2 billion euros ($2.3 billion), creating a new regional car giant to challenge market leader Volkswagen.

Mar 06, 2017, 12:56 PM IST

Toyota sold 10.2 million vehicles worldwide, fewer than VW

Toyota has relinquished the title of the world's biggest automaker, reporting on Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen's 10.31 million.

Jan 30, 2017, 13:27 PM IST

General Motors $1 billion plan for India put on hold

Struggling to make a turnaround in India, General Motors has put on hold its investments on new models for the country as the US auto major undertakes a full review of its future product portfolio here.

Jan 23, 2017, 11:08 AM IST

General Motors to announce $1 billion in US investment

General Motors Co will announce as early as Tuesday long-held plans to invest about $1 billion in its U.S. factories, following recent criticism of the company by President-elect Donald Trump, a person briefed on the matter told Reuters late on Monday.

Jan 17, 2017, 09:28 AM IST