General Motors Co. loaned the buyer of its half-century-old assembly plant in Ohio $40 million to help the cash-strapped startup roll out an electric pickup truck.
December 10, 2019Latest News Updates From David Welch
GM Loans Ohio Plant Buyer $40 Million to Launch Electric Truck
GM to Build $2.3 Billion Battery Plant in Lordstown, Ohio
General Motors Co. and its battery partner, South Korea’s LG Chem Ltd., will jointly invest $2.3 billion in a new electric vehicle battery plant to be built in Lordstown, Ohio, the same city where the automaker controversially idled and then sold a 53-year-old compact-car factory.
December 5, 2019GM CEO Mary Barra Charges Ahead With Electric Cars but Shuns Hybrids
If General Motors Co. CEO Mary Barra had her way, the auto industry would forget about selling hybrid electric models and instead concentrate on getting more battery-powered vehicles into showrooms.
November 21, 2019GM Sells Shuttered Lordstown, Ohio, Assembly Plant to Electric Vehicle Startup
Lordstown Motors Corp., the electric-truck startup formed specifically to save a shuttered Ohio car factory, has acquired the highly politicized plant from General Motors Co.
November 7, 2019GM Edges Toward Ending Strike as Key Factory Backs Labor Deal
General Motors Co. moved closer to ending a five-week strike when 61% of workers at an important truck plant in Flint, Mich., supported a tentative labor agreement.
October 24, 2019GM Strike Vote Is Going Down to Wire
General Motors Co. employees near Nashville, Tenn., narrowly rejected a proposed contract with the United Auto Workers, an early indication that the union’s vote to end a more than five-week strike could be a close call.
October 22, 2019GM Workers Stay on Strike as Members Vote on New Contract
The United Auto Workers will continue striking against General Motors Co. until a tentative deal is ratified by members, extending its walkout for at least another week.
October 18, 2019GM Has Tentative Deal With UAW, Though Strike May Continue
General Motors Co. and the United Auto Workers have reached a tentative agreement on a new contract, and the union will decide Oct. 17 whether to continue a more than monthlong strike while the deal is voted on by members.
October 16, 2019GM CEO Mary Barra Joins UAW Negotiations in Sign Agreement Is Near
General Motors Co. Chief Executive Officer Mary Barra is meeting with United Auto Workers leaders at the main bargaining table Oct. 15 as the two sides inch closer to a tentative agreement that could end a strike now in its fifth week.
October 15, 2019Union Says Talks With GM Have ‘Taken a Turn for the Worse’
The strike at General Motors Co. entered its fourth week with the United Auto Workers union and the carmaker at an impasse over investment in U.S. factories, overshadowing progress made in recent days on other key issues.
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