General Motors Stock News

The Mets and Billy Eppler were finalizing a deal Monday night to make him their next general manager, ending a six-week search for the clubs top executive.

GM Defense To Build Military Version Of Hummer EV GM Defense, the military division of General Motors, is producing an army version of the GMC Hummer EV in 2022, CNBC reports. The eLRV, or electric Light Reconnaissance Vehicle, is based on a modified Hummer EV frame, motors, and Ultium batteries. "The Army''s very excited about the fact that we''re investing in this," GM Defense President Steve duMont told CNBC in an interview at the automaker''s research center in Warren, Michigan. "The eLRV, that''s the first purpose-built from the ground up, you saw it today, it''s our Hummer EV. Our Hummer EV is what we''re going to base that vehicle on," duMont said. Going green sounds wonderful for the military but there''s a significant issue. Warzones don''t have charging stations so it would be impossible to refuel one of these vehicles, unless, batteries could be quickly swapped out. DuMont added GM could mount a combustion-powered charging system to increase range (not so green after all). DuMont''s interview followed a visit from Deputy Secretary of Defense Kathleen Hicks on Monday.

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The Mets search for a top baseball executive may finally be nearing a conclusion.

The president was last in Michigan in early October when he promoted both his infrastructure and Build Back Better domestic agenda.

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Advocates for both workers'' rights and climate policy are condemning Sen. Joe Manchin''s latest statements opposing provisions in the Build Back Better Act, the $1.75 trillion social spending and climate action package that has already been substantially weakened due largely to the right-wing Democrat''s objections to numerous anti-poverty and environmental measures. Manchin''s most recent opposition is to tax incentives for electric vehicles made by American workers who are represented by unions. At an event last week with officials from Toyota, whose plant workers have no union representation, the senator told Automotive News that incentivizing the purchase of electric vehicles from the only three auto companies with unionsthe U.S.-based Ford, General Motors, and Chryslerwould be "un-American" and "wrong." "We shouldn''t use everyone''s tax dollars to pick winners and losers," Manchin told the outlet at the event, where Toyota announced it would be investing $240 million in a non-union West Virginia plant to produce hybrid vehicles.

For GMs all-electric future plans, 500 Korean engineers are currently working on global EV programs with the Ultium platform, and the number will be doubled to engage with GMs future mobility technologies.

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