GM News (NYSE:GM)

DateTimeSource
Headline
08/25/20166:00PMDJNGM Ignition Switch Wasn't to Blame for Fatal Crash, Texas Jury Says
HOUSTON—A Texas jury on Thursday found that a General Motors Co. ignition switch wasn't to blame for a 2011 accident that killed one driver and injured another, handing the car maker its third courtroom win this year in a series of trials designed to help attorneys settle dozens of similar claims. The jury deliberated... More...>>
08/23/201612:40AMDJNAuto-Parts Makers Unite to Make Self-Driving System
Top auto-parts suppliers Delphi Automotive PLC and Mobileye NV are joining forces to develop a fully autonomous driving system that car makers could begin placing in their vehicles beginning in 2019. The two hope the development partnership will produce off-the-shelf systems for everything from small cars to sport utilities... More...>>
08/23/201612:29AMDJNDelphi, Mobileye to Jointly Develop Self-Driving System
By Mike Colias Top auto-parts suppliers Delphi Automotive PLC and Mobileye NV are joining forces to develop a fully autonomous driving system that car makers could begin placing in their vehicles beginning in 2019. The two hope the development partnership will produce off-the-shelf systems for everything from small cars... More...>>
08/22/20163:03AMDJNBrexit's Fallout Reaches Opel in Germany -- WSJ
By Natascha Divac and Mike Colias FRANKFURT -- General Motors Co.'s Opel unit is paring back the hours of German factory workers in a move aimed at blunting the impact of Brexit and breaking even in Europe for the first time in nearly two decades. GM is scaling back work at two Opel assembly plants in Germany that... More...>>
08/19/20164:10PMDJNGM's Opel to Trim Hours of German Workers
FRANKFURT—General Motors Co.'s Opel unit is paring back the hours of German factory workers in a move aimed at blunting the impact of Brexit and breaking even in Europe for the first time in nearly two decades. GM is scaling back work at two Opel assembly plants in Germany that make models popular in the U.K... More...>>
08/19/20163:57PMDJNGM's Opel to Trim Hours of German Workers
By Natascha Divac and Mike Colias FRANKFURT -- General Motors Co.'s Opel unit is paring back the hours of German factory workers in a move aimed at blunting the impact of Brexit and breaking even in Europe for the first time in nearly two decades. GM is scaling back work at two Opel assembly plants in Germany that... More...>>
08/19/20161:32PMDJNVolkswagen Suppliers Deny Fault for Bottlenecks--2nd Update
By Hendrik Varnholt and Sarah Sloat Suppliers to Volkswagen AG on Friday denied responsibility for bottlenecks at the German car maker's plants, a problem that has forced Volkswagen to halt production of two models at its main plant and reduce working hours elsewhere. Volkswagen said it would temporarily halt production... More...>>
08/19/20161:20PMDJNVolkswagen, GM Pare Work Hours in Germany
Volkswagen AG on Friday said it would temporarily halt production of its Golf and Sportsvan models at its main factory due to a dispute with parts suppliers. Volkswagen will stop production of the two vehicles at its Wolfsburg, Germany, plant for a week beginning Monday due to a shortfall in parts. On Thursday, Volkswagen... More...>>
08/19/201612:57PMDJNVolkswagen, GM Cutting Work Hours in German Factories
By Hendrik Varnholt and William Wilkes Volkswagen AG on Friday said it would temporarily halt production of its Golf and Sportsvan models at its main factory due to a dispute with parts suppliers. Volkswagen will stop production of the two vehicles at its Wolfsburg, Germany, plant for a week beginning Monday due to a shortfall... More...>>
08/19/20169:34AMDJNOpel Adopts Shorter Working Hours as U.K. Demand Weakens After Brexit
By Natascha Divac FRANKFURT--General Motors Co.'s German unit Adam Opel GmbH said on Friday it would reduce working hours for some of its employees because of weakening demand for its Corsa and Insignia models in the aftermath of the Brexit vote. "There will be short-time work in the plants in Ruesselsheim and... More...>>
08/16/20169:40AMDJNFord, Baidu Lead $150 Million Investment in Velodyne
Ford Motor Co. and Chinese web-service provider Baidu Inc. are leading a $150 million investment in laser-sensor maker Velodyne Inc., the latest in a series of bets being placed by car makers and tech companies to advance autonomous-driving technology. The investment will allow the California-based Velodyne to expand design... More...>>
08/15/20164:40PMDJNU.S. Weighs Criminal Charges in VW Emissions Case
U.S. Justice Department investigators found evidence of criminal wrongdoing in Volkswagen AG's diesel-emissions cheating, and are negotiating a settlement with the German auto maker expected to result in charges and significant financial penalties, said people familiar with the matter. Federal prosecutors and Volkswagen... More...>>
08/15/20161:10PMDJNNissan Tries Mega-Warranty on Titan
Nissan Motor Co. is rolling out the Titan of truck warranties. Long a laggard in the U.S. full-size truck market, the Japanese auto maker is offering its new 2017 Titan pickup with a five-year, 100,000-mile bumper-to-bumper warranty this year—coverage that far exceeds what rival truck makers are offering. The average... More...>>
08/13/20163:03AMDJNChina's Car Sales Accelerate -- WSJ
SHANGHAI -- China's car market grew at its fastest pace in 3 1/2 years in July, driven by a tax break and on comparative weakness in the year-earlier period, but industry participants warned of downward risks ahead. Foreign and domestic auto makers shipped 1.6 million cars -- sedans, sport-utility-vehicles and minivans... More...>>
08/11/20166:14PMDJNGM Continues to Seek Shield From Ignition-Switch Suits
By Tom Corrigan General Motors Co. wants a second shot at a favorable court ruling that would protect it from hundreds of potential lawsuits and billions of dollars in liabilities tied to faulty ignition switches. In court papers filed Wednesday, lawyers for GM said a federal appeals court made two "fundamental errors"... More...>>
08/10/20165:59AMDJNDetroit's Big Three to Start Contract Talks With Canadian Auto Workers
By Gautham Nagesh and Paul Vieira Canadian auto workers kick off contract negotiations with Detroit's Big Three Wednesday, with union officials aiming to preserve jobs in one of the country's bedrock manufacturing industries even as a disproportionate amount of auto investment heads to Mexico. Negotiators for... More...>>
08/08/20166:46PMDJNDealer Groups Cry Foul Over Cadillac's New Retail Plan
By Gautham Nagesh Groups representing several Cadillac dealers are urging General Motors Co. to rethink a new retail strategy for the luxury brand, saying the plan is an attempt to steer around dealer franchise laws that have long prevented auto makers from closing dealerships. In a letter signed by dealer associations... More...>>
08/05/20163:20AMDJNApple Announces 'Bug Bounty' Program
LAS VEGAS—Apple Inc. will start paying hackers who report vulnerabilities in its products, the company said Thursday. With its new "security bounty," the company joins a growing list of technology companies that pay cash for valuable security information. Microsoft Corp., Google parent Alphabet Inc. and... More...>>
08/04/20164:20PMDJNU.S. Regulators Intensify Probe of Another Air-Bag Maker
U.S. car-safety regulators intensified a probe of a lesser-known air-bag manufacturer after a fatal rupture in Canada, drawing broader scrutiny to the devices in the wake of record recalls of vehicles with Takata Corp. equipment with similar problems. The National Highway Traffic Safety Administration on Thursday upgraded... More...>>
08/03/20167:48AMDJNGermany's Continental Bullish on Tire Demand, Raises U.K. Prices
By Ilka Kopplin and William Wilkes FRANKFURT--Continental AG (CON.XE) raised its 2016 outlook on robust demand for tires, noting it increased tire prices in the U.K. after the value of sterling fell sharply following the country's Brexit vote. The German auto supplier, which also makes auto technology and components... More...>>
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