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GM flips to California’s side in pollution fight with Trump
General Motors says it will no longer support the Trump administration in legal efforts to end California's right to set its own clean-air standards.
GM says it has 2,700 jobs for workers slated to be laid off
DETROIT — General Motors’ plans to lay off 14,000 salaried and blue-collar workers might not be as bad as originally projected. The company said Friday that 2,700 out of the 3,300 U.S. factory jobs slated for elimination will now be saved. Blue-collar workers will still lose jobs at four U.S. plants slated for closure next […]
General Motors’ Maven Gig expanding to Baltimore, other US cities
DETROIT — Maven Gig is going nationwide. The General Motors Co. service lets drivers rent cars by the week and use them for ride-hailing and other services. Maven Gig began this spring in San Diego and San Francisco. It will launch in Los Angeles on Thursday and it’s coming to Baltimore, Boston, Detroit, Phoenix and […]
GM expands Maven car-sharing service to Baltimore
General Motors’ Maven car-sharing service debuted in Baltimore on Wednesday, bringing a fleet of cars available for hourly or daily rentals to the city. The service launched with a fleet of 40 vehicles at 20 locations in and near downtown, including Mount Vernon, Fell’s Point, Federal Hill, Station North, Bolton Hill and the Inner Harbor. […]
GM lobbyists push self-driving car bill in Md., other states
WASHINGTON — With states seizing the initiative on shaping the future of self-driving cars, General Motors is trying to persuade lawmakers in Maryland an across the country to approve rules that would benefit the automaker while potentially keeping its competitors off the road. The carmaker denies trying to freeze out other brands, but legislators in […]
General Motors’ lawyers avoid ethics review
General Motors' lawyers avoid ethics review leads news summary including Merrick Garland profile, Wisconsin high-court election and an Atlanta hotel facing lawsuit in worker's death.
GM pays ignition victims less than $600M in settlements
General Motors Co. paid less than $600 million to settle claims by victims of its flawed ignition switches, a slightly smaller sum than what the automaker told investors it expected to pay, after a 20-month-long compensation process led by Kenneth Feinberg. A final report released by Feinberg on Thursday concluded 124 people died in relation […]
GM to buy back $5B in stock
General Motors announced a $5 billion stock buyback as part of a plan to return more cash to investors. In return, an activist shareholder decided to drop a potentially divisive bid for a seat on the company’s board. The moves, announced Monday, are part of a deal with Harry Wilson, a former member of the […]
GM switch death toll at 56
The death toll linked to crashes involving General Motors cars with defective ignition switches has climbed to 56. The new total, which is four more than last week, was posted Monday on an Internet site by compensation expert Kenneth Feinberg. Feinberg and his aides are combing through claims filed before a Jan. 31 deadline to […]
Even with recalls, GM makes $2.8B in ’14
If it weren’t for the recalls, 2014 would have been a stellar year for General Motors. Even with $2.8 billion in pretax costs to fix more than 42 million recalled vehicles worldwide and $400 million set aside for death and injury claims, GM still managed to turn a $2.8 billion profit. It plans to raise […]
Toyota leads world sales in ’14
Toyota Motor Corp. stayed at the top in global vehicle sales in 2014, taking that auto industry crown for the third year straight, but was less upbeat about this year. The Japanese automaker sold 10.23 million vehicles, beating out Volkswagen and General Motors. But it expects to sell fewer trucks and cars this year, forecasting […]
Victims of GM ignition issue at 80
(AP) At least 36 people have died and 44 have been seriously injured in crashes involving General Motors cars with defective ignition switches. Attorney Kenneth Feinberg, who was hired by GM to compensate victims, updated the totals Monday. Feinberg says he has received 229 death claims and 1,986 injury claims since August. The fund has […]
