General Motors Company (GM)
Exxon names former GM president to run oil and gas business
Exxon Mobil said on Tuesday that Dan Ammann, former president of General Motors , will take over its largest and most profitable business early next year.
General Motors to Offload Stakes in Battery Plant at Michigan
GM prepares to sell its stake in a joint venture battery plant in Michigan to LG Energy Solution to scale back its EV strategy.
GM's Rapid Retreat From EV Market Gains Speed
Auto company after auto company struggles with slow electric vehicle (EV) sales in the United States and Europe.
General Motors offloads Michigan EV battery factory stake
General Motors Company (NYSE:GM) has announced its exit from Michigan's Ultium Cells LLC electric vehicle (EV) battery plant before the factory's completion. Partner LG Energy Solution will buy General Motors' stake in the “nearly completed” plant, the carmaker said on Monday.
GM recalls over 132,000 trucks over tailgate unlatching, NHTSA says
The National Highway Traffic Safety Administration said on Tuesday that General Motors is recalling about 132,037 trucks due to concerns about tailgates unlatching unexpectedly.
GM offloads one of its battery factories to LGES
General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution. GM's step back from the factory comes amid weakening electric vehicle demand and the potential rollback of Biden administration incentives to produce clean energy domestically.
G.M. Will Sell Stake in EV Battery Plant to LG
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
GM to sell its stake in Michigan battery plant to LG Energy Solution
General Motors said Monday it will sell its stake in its joint venture battery plant in Lansing, Michigan, to partner LG Energy Solution as the Detroit automaker trims its electric vehicle plans.
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Lansing, Michigan, to its joint venture partner LG Energy Solution, the automaker announced Monday. The Detroit carmaker said it expects to recoup its investment in the facility, which a source familiar with the plans said is anticipated to be roughly $1 billion.
GM Sells Part of EV Battery Plant. Focus on the Cash.
GM said it was selling its portion of a battery plant in Lansing, Mich., to its partner LG Energy Solution.
Formula 1 Has a New Friend in General Motors
Formula 1 is adding an 11th team in 2026 and it will be owned by U.S. automaker General Motors (GM -0.61%). The deal comes after contentious negotiations, but is a win for both sides, brining another "works" team to the grid and massive exposure to GM.
GM Stock Plunges On Possible Tariffs
After the Trump Administration announced its decision to impose massive tariffs on goods from Mexico, Canada, and China, auto stocks took a beating.
