General Motors Co. said late on Friday it had temporarily halted paid advertising on Twitter after Elon Musk completed his takeover of the social media company. The largest U.S. automaker said it was “engaging with Twitter to understand the direction of the platform under their new ownership.” Twitter did not immediately respond to a request…
GM Temporarily Halts Paid Advertising on Twitter
October 29, 2022
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General Motors Makes LandMark Agreement With Australian Critical Minerals Company
General Motors (GM) has signed a landmark agreement with an Australian company for the production and supply of critical minerals for batteries. The agreement, which is conditional on the commitment of A$106 million (US$69 million), will grant GM the right to purchase uncommitted nickel and cobalt sulphate produced by Queensland Pacific Metals (QPM) over 15 years…
GM Signs Landmark Agreement With Australian Company for Critical Minerals
General Motors (GM) has signed a landmark agreement with an Australian company for the production and supply of critical minerals for batteries. The agreement is critical to secure “all battery raw material to support GM’s goal of 1 million units of EV capacity in North America by the end of 2025,” said GM in an Oct. 11…
GM Delays Return-to-Work Plans to 2023
General Motors Co. on Tuesday said it will not mandate workers return to offices before 2023 after it had told them on Friday that they would be expected to work three days on-campus each week later this year. The U.S. automaker told employees who have been working remotely that it does “not plan to mandate…
GM to Invest $760 Million to Shift Ohio Plant to EV-part Production
TOLEDO, Ohio/WASHINGTON—General Motors Co. said on Friday it will invest $760 million at its Toledo, Ohio factory to build drive units for electric trucks, the automaker’s first U.S. powertrain facility repurposed for EV-related production. Th largest U.S. automaker currently builds GM’s six-speed, eight-speed, and 10-speed rear-wheel drive and nine-speed front-wheel drive transmissions in a variety…
GM Recalls 484,000 Big SUVs to Fix Problem Third-Row Seat Belts
DETROIT—General Motors is recalling more than 484,000 large SUVs in the U.S. to fix a problem that can cause the third-row seat belts to malfunction. The recall covers Chevrolet Suburbans and Tahoes, Cadillac Escalades and GMC Yukons from the 2021 and 2022 model years. The automaker says in documents posted Tuesday by U.S. safety regulators…
GM Doubles Miles Open to Its Super Cruise Technology
DETROIT—General Motors Co. said on Wednesday owners of certain vehicles equipped with its Super Cruise assisted driving system will now be able to use it on 400,000 miles (643,740 km) of North American roads, doubling the current operating area as Tesla and other automakers race to deploy hands-free cruising technology. GM’s Super Cruise system, like…
Bloody Batteries: China’s Exploitation of Congolese Children for Cobalt in Electric Car Batteries
July 27, 2022
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bloody batteriesCCPChinaChina InsiderChinese CompaniesClimate PoliciescobaltcongoleseDemocratic Republic of CongoElectric carsEpochTVFordGlobal ExpansionGMInfiltrating the WestInternational RelationsNew York TimesSocial IssuesSpecial TopicsTech CompetitiontechnologyteslaThreat from Communist ChinaUS-China relations
Mining companies backed by the Chinese regime are using Congolese children to mine cobalt, a key component in electric car batteries. Are American carmakers helping China to exploit African children? China dominates the world’s cobalt processing. In the Democratic Republic of Congo, there are unsafe working conditions, pay of less than $1 a day, injuries,…
GM Affirms 2022 Profit Outlook, but Shares Drop as Net Income Sinks 40 Percent
DETROIT—General Motors Co. on Tuesday reaffirmed its full-year profit outlook on an expected surge in demand and said it was curbing spending and hiring ahead of a potential economic slowdown, but a 40 percent drop in its quarterly net income disappointed, sending shares lower in premarket trading. The Detroit automaker’s net income fell 40 percent in…
GM Vehicle Sales Tumble 15 Percent as Chip Crunch, Supply Snags Drag
General Motors Co. reported a 15 percent drop in second-quarter auto sales on Friday, as a global chip shortage and supply chain disruptions hit production and left nearly 100,000 vehicles waiting for more parts. The U.S. auto industry is struggling to keep up with pent-up consumer demand for new cars as it struggles to ramp…
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