General Motors (NYSE:GM) To Conduct A Vehicle Recall Program

General Motors (NYSE:GM) has today announced its recall program and specified the vehicles it will work on. The state of affairs The manufacturer takes matters to do with product quality with utmost seriousness and will do anything to ensure the safety of its customers. It is one of the few leading companies that keep inspecting […]

General Motors (NYSE:GM) Launches New Version Suburban and Chevy Tahoe

General Motors (NYSE:GM) has doubled down on its big SUVs to launch a new version of a longer Chevrolet Tahoe and suburban. GM unveils new larger Tahoe and Suburban Mark Reuss the CEO of the company indicated that the company was expanding its vehicle lineup by using its sport and large truck utility architecture. The […]

General Motors (NYSE:GM) Partners With LG Chemicals To Make Battery Cells For Electric Cars

General Motors (NYSE:GM) and LG Chemical have unveiled a joint venture that will see the two companies collaborate to make battery cells for electric cars. The joint venture will create over 1,100 jobs in northeast Ohio. GM to construct battery cell factory in Ohio The companies have indicated that they will invest around $2.3 billion […]

Ford Motor Company (NYSE:F) To Could Shut An Engine Plant In Michigan Post $400 Million KC Area Investment

Ford Motor Company (NYSE:F) will invest $400 million in its KC Assembly Plant under the tentative labor deal with the United Auto Workers. The deal comprises $6 billion in product commitments, which the United Auto Workers believes will result in a minimum of 8,500 secured or jobs. Closure of engine plant in Michigan Ford Motor […]

Fiat Chrysler Automobiles NV (NYSE: FCAU) And PSA Peugeot Complement Geographic And Product Fit For Merger

Fiat Chrysler Automobiles NV (NYSE:FCAU) and PSA Peugeot have announced the terms of their merger deal. Shareholders of each company would own 50% of the new entity, and a binding deal would be finalized within the coming weeks. Fiat shareholders would also be awarded a special one-time dividend worth $6.1 billion as part of the […]

General Motors Company (NYSE:GM) Recalls Over 600.000 Pickup Trucks And SUVs For Brake Malfunctions

General Motors Company recently issued a recollection for over 600,000 pickup trucks and SUVS due to brakes malfunctions. The company has recalled the Chevrolet Suburban, Chevrolet Tahoe and GMC Yukon SUVs of 2015-2020. Also, the company recalled GMC Sierra pickups and Chevrolet Silverado trucks of 2014-2018 for the same safety problems. It is alleged that […]

General Motors (NYSE:GM) Restores Health Insurance Benefits For The 48,000 Striking Workers

On Thursday General Motors (NYSE:GM) indicated that it would reinstate health insurance cover of its striking temporary workers. This comes after the early indication that they will push the costs to the UAW union with officials from both sides, indicating they are yet to resolve main issues. Negotiations to continue through the weekend Both GM […]