General Motors shares jump 9% as CEO Barra promises shareholders more cashBarra highlighted moves to return cash to shareholders, including $12 billion in 2023 through a $10 billion share buyback and a 33% dividen...
30 Jan, 2024, 11.33 PM IST
General Motors Q4 Results: Co reports higher profits on robust vehicle pricingGeneral Motors reported higher quarterly profits Tuesday thanks to continued robust vehicle pricing amid strong North American demand, offs...
30 Jan, 2024, 09.45 PM IST
UAW shuts down Ford's biggest plant; Stellantis talks resumingU.S. auto workers are expected to resume talks with Stellantis, the parent company of Chrysler, after a surprise walkout at Ford's largest ...
12 Oct, 2023, 04.42 PM IST
General Motors lays off several hundred full-time contract workersGeneral Motors Co has laid off several hundred full-time contract workers at its engineering hub in suburban Detroit over the weekend, the ...
01 May, 2023, 09.00 PM IST
US stocks extend rally after solid earningsThe broad-based S&P 500 gained 0.7 percent to 3,823.71, while the tech-rich Nasdaq Composite Index jumped 1.3 percent to 11,096.01.
25 Oct, 2022, 07.49 PM IST
General Motors escalates the electric vehicle arms raceGM's additional spending accelerates a global arms race among automakers and technology companies to expand electric vehicle offerings. Con...
16 Jun, 2021, 09.17 PM IST
General Motors to wind down Australia, NZ operations, sell Thai plant to Great WallIn rearranging its global operations, GM is accelerating its retreat from unprofitable markets, becoming more dependent on the United State...
17 Feb, 2020, 12.00 PM IST
- Toyota fights image woes, high yen in earnings
Toyota Motor Corp., the world's No. 1 automaker, reports its fiscal third quarter results Tuesday.
04 Feb, 2011, 11.34 AM IST
- GM to slash up to 31,500 jobs in US
GM to reduce its total US employment from the current level of 96,537 people to between 65,000 and 75,000. Reshape your career | Trends in ...
03 Dec, 2008, 04.47 AM IST
- Fiat boss calls for aid to European auto industry
Fiat chairman Luca Cordero di Montezemolo called on Wednesday on EU governments to support their auto industries to ensure they remain comp...
19 Nov, 2008, 06.15 PM IST
- GM posts $15.5 billion loss, as sales sputter
General Motors Corp posted a $15.5 billion quarterly loss on Friday, as North American sales dropped by 20 percent and plunging prices for ...
01 Aug, 2008, 08.35 PM IST
- GM to lay off 3,500
Sagging pickup truck and sport utility vehicle sales have forced General Motors Corp. to shut down one shift each at four North American fa...
29 Apr, 2008, 04.27 AM IST
- Toyota likely to depose GM as world's largest automaker
General Motors Corp could be knocked from its longtime perch as the world's biggest automaker, if production estimates from Toyota Motor Co...
04 Jan, 2008, 08.20 AM IST
- GM to roll out European Opel model in US
General Motors, saying it’s committed to improving vehicle quality and design, will sell a small car from its European Opel unit as a US Sa...
09 Dec, 2006, 04.03 AM IST
- General Motors, Renault unlikely to become allies
Billionaire Ross Perot once said “you can’t help folks who don’t want to be helped”. Mr Perot said this in 1984, in frustration with Genera...
29 Sep, 2006, 01.05 AM IST
- Toyota guns for top spot, lines up global expansion
Toyota is aiming to sell 9.8m vehicles globally in ’08, the company’s president said on Wednesday, as the booming Japanese automaker quicke...
21 Sep, 2006, 12.54 AM IST
- GM cuts car costs by a third
General Motors (GM), the world’s largest automaker, will cut costs for new mid-size car models by a third.
09 Aug, 2006, 12.09 AM IST