General Motors Stock News

President Joe Biden is slated to meet Wednesday with CEOs from a number of companies as he tries again to push for passage of his social-spending and climate bill, according to multiple published reports. General Motors CEO Mary Barra, Ford CEO Jim Farley, Microsoft President Brad Smith, Salesforce.com CEO Marc Benioff and TIAA CEO Thasunda Brown Duckett are due to be among the participants in the meeting. Corning CEO Wendell Weeks, HP CEO Enrique Jones, Cummins CEO Tom Linebarger, Etsy CEO Josh Silverman and Siemens USA CEO Barbara Humpton also reportedly are expected to take part. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

General Motors is adding another $4 billion to repurpose plants in Michigan in order to build electric vehicles

The GM projects include a new battery factory being built in Lansing in partnership with LG Energy Solution and the retooling of its existing Orion Assembly Plant.

President Biden on Tuesday called General Motors nearly $7 billion investment in Michigan a sign that the administrations efforts to strengthen the economy are leading to a manufacturing comeback.Todays announcement by GM to make its largest

General Motors said it will invest more than $7 billion in four Michigan factories focused on battery cell and electric truck manufacturing, including a third plant with partner LG Energy Solutions as the company aims to meet ambitious EV production targets. The funding plans, which GM says will create 4,000 new jobs and the retention of […]

The automaker will build a battery plant and overhaul an existing factory to produce electric pickup trucks, creating 4,000 jobs.

GM said it would build a third battery factory in the US as it seeks to grow its electric vehicle lineup. The company will build a battery facility in Lansing, Michigan, and convert a factory in Orion to make electric trucks.

It''s all about interest rates today, but take note: GM is planning a big announcement tomorrow.

DUBLIN , Jan. 24, 2022 /PRNewswire/ -- The "Global Automotive Cybersecurity Growth Opportunities" report has been added to ResearchAndMarkets.com''s offering. This study of the global automotive cybersecurity landscape includes an in-depth analysis of key cybersecurity market and technology trends in the connected vehicles space across passenger and commercial vehicle segments. It also explores different types of cybersecurity solutions and strategies value chain partners offer for mitigating threats during a vehicle''s life cycle. Total addressable market for the cybersecurity of passenger vehicles will grow at a CAGR of 18.4% between 2020 and 2026, owing largely to the WP.29 regulation and OEMs in major economies competing to gain a competitive advantage. Vehicles with embedded connectivity will account for about 80% of connected vehicle sales by 2026, and hence OEMs will prioritize securing them first. Overall, the market opportunity for automotive cybersecurity is progressive, with the regulatory landscape and innovation across the automotive value chain propelling growth scenarios and minimizing vehicle security threats.

Ford and GM recently introduced their first electric pickup trucks. WSJ auto reporter Mike Colias breaks down the different strategies the two legacy auto manufacturers are pursuing to bring their EVs to market. Photo Illustration: Alexander Hotz/WSJ

The Giants have a new GM. Joe Schoen is their guy and Giants fans are thrilled with the hire.

General Motors (GM) is expected to announce plans next Tuesday to spend $6.5B in two new electric vehicle and battery factories in Michigan, creating as many as 4,000 jobs, the

GM will spend $154 million to refurbish a plant near Buffalo where the automaker manufacturers a key part of the motor used in electric vehicles.

General Motors <> to spend about $154M to revamp an aging factory near Buffalo, New York and purchase and install new machinery and equipment used in the production of the

Ford Motor Company (NYSE: F ) shares have had a nice run-up since hitting a double-bottom in early September. Wary of the pricier valuation, an analyst at Jefferies chose to move to the sidelines. The Ford Analyst: Philippe Houchois downgraded Ford from Buy to Hold and increased the price target from $20 to $25. This comes on the heels of a downgrade by RBC Capital Markets last week. The Ford Thesis: Ford has replaced, revived or re-invented all key product franchises, leapfrogging early EV movers in the U.S. and Europe, Houchois said in a note. The company''s "Global Redesign" has closed most of the gap with General Motors Corporation''s Full story available on Benzinga.com