SHANGHAI (Reuters) – General Motors (GM.N) renews its Chinese line-up with a greater emphasis on electric cars and smart-drive technology to put a slump in sales after more than two decades of growth in a country that contributes nearly a fifth of its profits. PHILO PHOTO: A new GM Cadillac …
Read More »GMs’ shares are running as Deutsche Bank pushes for EV spinoff
Shares of General Motors Co. GM, + 9.44% rose 3.1% in Monday morning trading and set them on course for a 2-month closing high after Deutsche Bank analyst Emmanuel Rosner put the motorist on the firm ‘Catalyst Call Buy List’, calling it a potential for a spinoff of electric cars. …
Read More »GM Financial Chief Dhivya Suryadevara steps down in surprise departure
General Motors Co. Chief Financial Officer Dhivya Suryadevara will leave the company for online commercial company Stripe Inc., a surprise departure for one of the auto-maker’s fastest-growing stars. GM confirmed Tuesday that Ms Suryadevara has left the company for an unknown opportunity outside the auto industry. Stripe in San Francisco …
Read More »GM’s legal battle with Fiat Chrysler turns into the absurd
Photo: Getty Images (Getty Images) GM Fiat Chrysler sued in November on alleged corrupt union negotiations, a lawsuit that was later dismissed although one has done so so far has refused to die. Things became sharper last week when GM said FCA had a “mole” in GM. Today, FCA said …
Read More »Auto maker’s big coronavirus losses are here
Photo: fake pictures (fake pictures) Tomorrow’s turnAll your daily car news in one convenient place. Isn’t your time more important? Volkswagen posted a huge loss, as did Renault. Also someone has a silly idea about the GM name. That and more in Tomorrow’s turn by July 30, 2020. 1st gear: …
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