Stellantis, Ford, General Motors get 1-month Trump tariff exemption: White House
Sen. Markwayne Mullin of R-Okla responds to several Democrats who plan to boycott President Donald Trump's speech to Congress on the “final line.” The “Big 3” automaker has received a month's exemption from Trump administration's tariffs that came into effect Monday, White House spokesman Caroline Leavitt announced Wednesday. “We spoke to the Big Three automaker,” […]
Osamu Suzuki, leader of Japan Suzuki motors, dead at 94
Osamu Suzuki, the genius penny-pincher who led Japan's Suzuki Motors for more than four decades and played a key role in turning India into a prosperous car market, has died at the age of 94. He died on Christmas Day from lymphoma, the company said, during which time he was chief executive or chairman he […]
Toyota, Ford and General Motors join sprint to donate millions to Trump’s inauguration fund
Christmas came early for President Trump. Auto companies and other CEOs are rushing to donate millions of dollars to the president-elect's inaugural fund before Trump, 78, enters the Oval Office on January 20. Toyota Motor Corporation was the last to hand over cash. Representatives for the Japan-based automaker confirmed in a statement to the Post […]
General Motors Lays Off 1,000 Workers, Says Cost Cutting Needed to Remain Competitive
General Motors (GM) said Friday it will lay off about 1,000 employees worldwide and cut costs as it aims to compete in the crowded global auto market. Affected GM employees, mostly white-collar workers, were told in the early morning hours as they were preparing for the weekend. The company confirmed the layoffs in a statement, […]
General Motors to Go Fully Electric by 2035 as EVs Remain Unprofitable
General Motors CEO Mary Barra says the automaker's plan for the automaker to grow by 2035 despite third-quarter results showing that electric vehicles (EVs) remain unprofitable. It remains committed to making the car fully electric. “That’s the plan we’re still running.” Barra said. of new york times It's part of GM's plan to fully transition […]
General Motors Recalls Nearly 450,000 Vehicles Due to Faulty Brake Fluid Warning Light
On September 12, the National Highway Traffic Safety Administration (NHTSA) announced that approximately 500,000 General Motors (GM) vehicles would be recalled due to a possible malfunction of the brake fluid warning light. The recall includes the 2023 Chevrolet Silverado 1500 and GMC Sierra 1500, the 2023-2024 Cadillac Escalade, Cadillac Escalade ESV, Chevrolet Suburban 1500, Chevrolet […]
Texas sues General Motors for allegedly selling drivers' data
The state of Texas filed a lawsuit against General Motors on Tuesday, alleging that the company illegally collected and sold driver data. Announced by Texas Attorney General Ken Paxton (R) Legal action Next Tuesday investigation Restrictions were imposed on several automakers in June after allegations emerged that they had been collecting driver data. Paxton said […]
‘The big problem is water’: UK ebike owners plagued by failing motors | Cycling
IIs it the never-ending British rain? Poor design? Or the way they’re ridden and cleaned? Why do so many e-bike owners complain about having to replace their motors so frequently? Some owners of mountain bikes equipped with fourth-generation Bosch electric motors 4 or 5 (yes, 5) replacement motors It was installed under a 2 year […]
General Motors ending Chevrolet Malibu manufacturing
Check out what’s being clicked on FoxBusiness.com General Motors will discontinue production of its iconic sedan, the Chevrolet Malibu. The move comes as the Detroit-based automaker plans to renovate its Kansas facility that produces the Malibu so it can build its next electric Chevrolet Bolt model there. . Chevrolet Malibu seen at the New York […]
General Motors to relocate Detroit HQ, redevelop iconic Renaissance Center
General Motors has scheduled a press conference for Monday afternoon to announce its intention to relocate its Detroit headquarters. GM’s headquarters will move to a tower currently under construction on the site of the former JL Hudson Building, a department store that was demolished in 1998. Bedrock, a real estate company that owns several office […]