General Motors

General Motors

General Motors is an automotive manufacturing corporation based in Detroit, Michigan, United States

General Motors is a multinational automotive manufacturing corporation that markets, distributes, and provides vehicles. The company was founded in 1908, in Detroit, Michigan, United States.

The company engages in the manufacturing of cars and trucks for the United States, China, Brazil, Germany, the United Kingdom, Canada, and Italy. Their catalogue offers sedans, crossovers, SUVs, sports cars, trucks, hybrid vehicles, and other types of automobiles.

COVID-19

With the outbreak of COVID-19 (coronavirus), President Donald Trump has signed a presidential directive that orders General Motors to begin and prioritize ventilator and mask production to support the needs of coronavirus patients. They look to manufacture approximately 10,000 critical care ventilators per month. GM has partnered with Ventec Life Systems to assist in the manufacturing of the units. They will also be able to manufacture up to 50,000 Level 1 surgical masks per day, and look to increase the numbers to 100,000 per day.

The order from the United States President did not come with a federal contract which makes selling to the states much more difficult for the automaker.

Timeline

March 24, 2020
GM announces a partnership with medical device company Ventec.
2020
General Motors suspends 2020 outlook, to draw down $16 billion in credit
December 5, 2019
General Motors and South Korea’s LG Chem announces they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world’s largest battery facilities.
March 19, 2019
General Motors announces it would invest 10 billion reais ($2.65 billion) in two of its Brazilian plants located in the state of Sao Paulo.
March 11, 2016
General Motors acquires Cruise Automation, a San Francisco-based startup making sensors that turn regular vehicles into ones that can drive themselves.
January 2016
GM invests $500 million in Lyft.

People

Name
Role
LinkedIn

Eugene Meyung

Investor

Gonzalo Abraira

Investor

Further reading

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Type
Date

Lipscomb partners with GM to produce 'ear savers' that make masks more comfortable

Web

April 17, 2020

Documentaries, videos and podcasts

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Companies

Company
CEO
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Products/Services

General Motors

News

Title
Author
Date
Publisher
Description
Corinne Reichert
April 9, 2021
CNET
A virtual summit will be hosted Monday, reports say.
Antuan Goodwin
April 9, 2021
Roadshow
General Motors isn't joining the MCU. But it turned to Perception, a studio focused on MCU sci-fi tech, for the Hummer's dashboard UI.
AP
April 9, 2021
The Hindu
The snags threaten to leave a big dent in the auto industry, which by some estimates stands to lose $60 billion in sales during the first half of his year
MICHAEL LIEDTKE and TOM KRISHER AP Business Writers
April 9, 2021
ABC News
As the U.S. economy awakens from its pandemic-induced slumber, a vital cog is in short supply: the computer chips that power our phones and wireless networks, cars and other vehicles, and a vast number of other items we take for granted
By MICHAEL LIEDTKE and TOM KRISHER
April 9, 2021
AP NEWS
SAN RAMON, Calif. (AP) -- As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport and...
CNN
April 9, 2021
CTVNews
Sean "Diddy" Combs is accusing General Motors of name-dropping his network to score points with Black America.
Detroit Free Press
April 6, 2021
USA TODAY
GM announced it will offer an all-electric Chevrolet pickup, which will be built at its factory in Detroit and Hamtramck, Michigan.
April 5, 2021
WebWire
GM President Mark Reuss will make important product-related announcements for Factory ZERO on Tuesday, April 6 at 12 p.m. ET. The event, which will take place at Factory ZERO in Detroit and Hamtramck, will be livestreamed here. WHEN: Tuesday, April 6, 2021 - 12 p.m. ET WHERE: Watch the event here: https://media.gm.com/media/us/en/gm/live.html NOTE: Due to COVID-19 restrictions, GM will not be hosting media onsite and there will be no Q&A. Following the event, GM will post photo...
Detroit Free Press
March 12, 2021
USA TODAY
GM has partnered with SolidEnergy Systems to develop an electric vehicle battery with incredibly long range.
March 11, 2021
WebWire
Today at a Washington Post Live virtual conference, General Motors President Mark Reuss provided more details about GM's next-generation Ultium battery chemistry and announced a joint development agreement with lithium metal battery innovator SolidEnergy Systems. GM's lithium metal battery with a protected anode will feature a combination of affordability, high performance and energy density. The initial prototype batteries have already completed 150,000 simulated test miles at research a...
Caterpillar Inc.
February 25, 2021
www.prnewswire.com:443
/PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) announced today that Gerald Johnson has been elected to the Caterpillar board of directors effective March 1, 2021....
Ankit Ajmera and Shreyasee Raj | Reuters
February 17, 2021
@bsindia
UPS rival FedEx said severe weather was affecting its ability to deliver packages in certain cities
General Motors Co.
February 10, 2021
www.prnewswire.com:443
/PRNewswire/ -- General Motors Co. (NYSE: GM) today reported strong 2020 full-year and fourth quarter earnings despite production interruptions caused by the...
BBC News
February 4, 2021
BBC News
Multiple plants will be affected next week due to backlogs affecting the whole car industry.
Shannon Osaka
February 3, 2021
Grist
It's a wild turnaround for General Motors, which has resisted cutting the amount of carbon dioxide its vehicles spew into the atmosphere.
Reuters
January 28, 2021
the Guardian
Largest US automaker says it aims to be carbon neutral by 2040 as Biden pushes for electric vehicles
January 28, 2021
WebWire
Today, GM announced that it plans to become carbon neutral in its global products and operations by 2040 and has committed to setting science-based targetsii to achieve carbon neutrality. The company has also signed the Business Ambition Pledge for 1.50C, an urgent call to action from a global coalition of UN agencies, business and industry leaders. "General Motors is joining governments and companies around the globe working to establish a safer, greener and better wor...
MICHELLE CHAPMAN AP Business Writer
January 28, 2021
ABC News
General Motors has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that
By MICHELLE CHAPMAN
January 28, 2021
AP NEWS
General Motors has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that....
Andrew J. Hawkins
January 28, 2021
The Verge
General Motors made a bold pledge to go carbon neutral by 2040, which includes eliminating the tailpipe emissions from the vehicles it sells.
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References

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