general motors

Factory ZERO becomes first U.S. auto plant to install 5G technology

November 20, 2020

The FINANCIAL — General Motors today announced that Factory ZERO, Detroit-Hamtramck Assembly Center, the company’s all-electric vehicle assembly plant, is the first automotive plant in the U.S. to install dedicated 5G fixed mobile network technology. Verizon’s 5G Ultra Wideband service is operating now at Factory ZERO, with its exponential increases in both bandwidth and speed supporting the ongoing transformation of

General Motors aims to transform the auto insurance industry with OnStar Insurance

The FINANCIAL — For more than 20 years, General Motors’ OnStar brand

by The FINANCIAL

November 19, 2020

1 min read

General Motors adds 3,000 new tech jobs

The FINANCIAL — Through the first quarter of 2021, General Motors will hire 3,000

by The FINANCIAL

November 11, 2020

2 mins read

GM reported $4 bln income in third quarter

The FINANCIAL — General Motors Co. (NYSE: GM) today reported third-quarter earnings driven

by The FINANCIAL

November 5, 2020

1 min read

Oil & Auto

GM Defense delivers first ISV to U.S. Army

The FINANCIAL — GM Defense LLC, a subsidiary of General Motors, is celebrating the first delivery of the Infantry Squad Vehicle (ISV) – a light and agile all-terrain troop carrier intended to transport a nine-Soldier infantry squad and their equipment – to

by The FINANCIAL

October 28, 2020

1 min read

Business

GMC introduced 2022 HUMMER EV

The FINANCAIL — GMC announced that reservations are being accepted for its new supertruck, the 2022 GMC HUMMER EV, which launches with initial production fall of next year in the unique Edition 1 trim. “The GMC HUMMER EV is revolutionary, defying what the

by The FINANCIAL

October 21, 2020

2 mins read

Auto

GM investing $2 bln in Tennessee factory to build electric vehicles

The FINANCIAL — General Motors Co. (NYSE: GM) announced today that its Spring Hill, Tennessee assembly plant will begin the transition to become the company’s third vehicle manufacturing site to produce electric vehicles, joining Factory ZERO in Detroit and Hamtramck, Michigan, and

by The FINANCIAL

October 21, 2020

2 mins read

Tech

GM becomes first automaker to surpass 1M subscriptions to its Wi-Fi

The FINANCIAL — In September 2020, General Motors crossed a new milestone as the first automaker with more than 1 million subscribers to its Wi-Fi-enabled data services provided by AT&T. The company initially launched a broad rollout of 4G LTE connectivity across Chevrolet,

by The FINANCIAL

October 20, 2020

2 mins read

Oil & Auto

Studies show that GM produces the most American-made vehicles

The FINANCIAL — General Motors produces more models with the highest amounts of American-produced components than any other automaker, according to two recent independent studies. In the Cars.com annual American-Made Index for 2020, nine of the top 25 models are GM products, more than

by The FINANCIAL

October 20, 2020

1 min read

Auto

General Motors unveils Factory ZERO

The FINANCIAL — General Motors announced its Detroit-Hamtramck Assembly Center will be known as Factory ZERO, reconfigured to an all-electric vehicle assembly plant. The name Factory ZERO reflects the significance of this facility in advancing GM’s zero-crashes, zero-emissions and zero-congestion future. Factory

by The FINANCIAL

October 19, 2020

1 min read

Tech

General Motors and Nikola announced a strategic partnership

The FINANCIAL — Nikola Corporation and General Motors announced a strategic partnership that begins with the Nikola Badger and carries cost reductions through Nikola’s program. As part of the agreement, Nikola will utilize General Motors’ Ultium battery system and Hydrotec fuel cell technology,

by The FINANCIAL

September 9, 2020

3 mins read

Auto

Honda and GM are teaming up to work on vehicles together

The FINANCIAL — General Motors and Honda announced that they had signed a non-binding memorandum of understanding following extensive preliminary discussions toward establishing a North American automotive alliance. The scope of the proposed alliance includes a range of vehicles to be sold under

by The FINANCIAL

September 6, 2020

3 mins read

Tech

Tesla soared around 50% after company announced its 5 for 1 stock split

The FINANCIAL — Tesla announced on August 11, 2020 that the Board of Directors has approved and already declared a five-for-one split of Tesla’s common stock in the form of a stock dividend. The goal of this action is to make stock ownership

by The FINANCIAL

August 24, 2020

2 mins read