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General Motors Co
GM to cut spending on self-driving unit Cruise after accident
...GM had previously said it remained committed to Cruise, and that its “strategy is to relaunch in one city and prove our performance there, before expanding . . ....
November 28, 2023
Sport
How basketball’s biggest star is changing women’s sport
...The record-shattering performance of Caitlin Clark, a 22-year-old senior and point guard at the University of Iowa, had brought a surge of interest in women’s college hoops that is driving media and sponsorship...
March 29, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
FT SeriesThe electric vehicle revolution
Pick-up trucks and climate politics: will American drivers go electric?
...General Motors plans to sell the GMC Hummer and Chevrolet Silverado, a prime rival to the F-150....
October 6, 2021
General Motors Co
General Motors slides to a loss on falling demand for cars in the US
...Global sales at the Chevrolet and Buick owner halved to $16.8bn in the quarter, with a net loss of $758m, compared with a $2.4bn profit in the same period in 2019....
July 29, 2020
Due Diligence
India unseats China as home to Asia’s wealthiest tycoons Premium content
...Previous attempts to improve Aviva’s operational performance, and win back investor favour, have foundered....
June 9, 2021
HTSI
Rust-bucket rockets
...and ride of the distressed-looking wagon – even pitting it against a high-performance Mercedes-AMG in a traffic-light drag race (it won)....
February 28, 2020
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
General Motors Co
GM considering electric trucks, brand exec says
...“Certainly, it’s something we’re considering,” said Duncan Aldred, head of Buick and GMC, when asked about a battery-powered version of the Sierra pickup truck, according to a CNBC report....
January 24, 2019
Automobiles
GM and Fiat Chrysler book weaker US sales in first half
...But sales of light-duty Chevrolet Silverado and GMC Sierra trucks fell 6.9 per cent and 4.7 per cent, respectively....
July 2, 2019
General Motors Co
GM is not pivoting to green
...LaCrosse, as well as the Chevy Silverado and the GMC Sierra, both light trucks....
November 26, 2018
Asia-Pacific companies
Why China’s auto market can bounce back
...Buick also got in on the act, announcing two new small-sized SUVs....
April 21, 2019
US & Canadian companies
Volvo and GM roll out in-car deliveries with Amazon
...Customers of Volvo or GM brands Chevrolet, Buick, GMC and Cadillac, can use Amazon’s Key app to get packages delivered to their vehicles across 37 cities in the US and surrounding areas, the companies announced...
April 24, 2018
US & Canadian companies
US car groups issue warnings over outlook in 2018
...Bob Shanks, Ford’s chief financial officer, told Deutsche Bank’s automotive conference: “We are not satisfied with our performance”....
January 16, 2018
Companies
GM shift cut to affect up to 1,100 workers at Michigan plant
...The Lansing Delta Township plant employs more than 3,100 in a three-shift operation, which included work on lines including the Chevrolet Traverse, GMC Acadia and Buick Enclave, according to a company website...
March 6, 2017
US & Canadian companies
Diesel-emissions scandal spreads to General Motors
...The Duramax Diesel Chevrolet Silverado and GMC Sierra comply with all US EPA and (California) emissions regulations."...
May 25, 2017
Companies
US automakers report disappointing sales in March
...He said: “More people are working, consumer confidence is at a 16-year high, fuel prices are low and Chevrolet, Buick, GMC and Cadillac have a wave of new crossovers to compete in the industry’s biggest...
April 3, 2017
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
fastFT
GM recalls 4.3m vehicles over airbag software glitch
...The recall includes certain: 2014-2016 model year Buick LaCrosse and Chevrolet SS and Spark EV2014-2017 model year Chevrolet Corvette, Trax, Caprice PPV and Silverado 1500; Buick Encore; and GMC Sierra 15002015...
September 9, 2016
US & Canadian companies
GM to halt India sales and sell South Africa plant
...“Globally, we are now in the right markets to drive profitability, strengthen our business performance and capitalise on growth opportunities for the long term,” she said....
May 18, 2017
Life & Arts
Art Basel’s Unlimited sector: five highlights
...This early example of performance and action art presents a “new vocabulary of body language”, says Jetzer....
June 9, 2017
Social Media
Instagram turns up heat on Snapchat with video ads in ‘stories’
...Marketers from General Motors and Buick to Netflix and Nike are testing ads in Instagram stories, the 24-hour-only collections of photos that the Facebook-owned app launched just five months ago....
January 11, 2017
News in-depthWeek in Review
Week in Review, April 29
...GM, which owns the Cadillac, Chevrolet and Buick brands, announced adjusted pre-tax profits of $3.4bn for the three months, up by $700m on the same period last year....
April 28, 2017
US & Canadian companies
General Motors aims to accelerate GMC light truck sales
...Duncan Aldred, GM’s vice-president for GMC and Buick, said on the eve of the New York auto show that GMC currently accounted for around 3 per cent of the US auto market....
March 31, 2015
Companies
LA auto show highlights carmakers’ market share scramble
...Ford launched a revamped version of its Lincoln luxury brand’s MKZ sedan, while General Motors’ Buick brand unveiled an entirely new version of its flagship LaCrosse large sedan....
November 18, 2015
Currencies
Weekahead: Corporate diary
...The settlement means, although GM will take a $575m charge for the quarter to cover the costs, that investors’ focus will once again be firmly on core performance....
October 18, 2015
fastFT
GM recalls more than 700,000 vehicles
...The recalls cover several Chevrolet, Cadillac, Buick and GMC model. More than half of the recalled vehicles had potentially loose bolts in power adjustable front seats....
July 23, 2014
Oil
Lower fuel prices lift sales of gas guzzlers
...Sales for GM’s GMC SUV and pick-up brand were up 22.7 per cent on last November, against a 10.1 per cent rise for the year so far....
December 2, 2014

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