Tag: Mark Reuss

Finance

Why it’s a hybrid and not an all-electric car

01/19/2023
Bitcoin Ethereum News

DETROIT – General Motors’ future may be in all-electric vehicles, but it still needs its current models to pay the bills to allow it to invest in those new products. That’s one of the reas...

Finance

Barra expects EV profit to be comparable to gas vehicles by 2025

11/17/2022
Bitcoin Ethereum News

Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE General Motors expects its new electric vehicle profits to be in-line with cars and trucks with traditional engines by 2025 – years ahe...

Finance

GM delays return-to-office mandate after employee backlash

09/27/2022
Bitcoin Ethereum News

General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, ...

Finance

Why CEO Mary Barra is confident GM can beat Tesla in electric vehicles

07/24/2022
Bitcoin Ethereum News

GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — In September 2017, General Motors CEO Mary Bar...

Finance

GM investing $81M to hand build luxury Cadillac Celestiq electric cars

06/16/2022
Bitcoin Ethereum News

Front driver’s side view of the Celestiq show car, which GM is expected to unveil in late-July. GM DETROIT – General Motors on Wednesday said it is investing $81 million at its global design and...

Finance

GM says it will produce electric Chevrolet Corvettes

04/25/2022
Bitcoin Ethereum News

DETROIT – General Motors will produce an electrified Chevrolet Corvette next year, followed by an all-electric version of the iconic sports car, GM President Mark Reuss said Monday. Reuss said the aut...

Finance

GM trolls Tesla, changes approach with new ‘supertruck’

04/07/2022
Bitcoin Ethereum News

GMC Hummer EV Edition 1 Michael Wayland / CNBC PHOENIX – The new electric GMC Hummer pickup is different for General Motors and not just because it isn’t a gas-guzzler like its ancestors. It mar...

Finance

GM to halt pickup truck production in Indiana due to chip shortage

03/25/2022
Bitcoin Ethereum News

Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.  John Gress | Reuters DETROIT – General Motors will halt pi...

Finance

GM creating new import business of iconic vehicles from U.S. to China

03/21/2022
Bitcoin Ethereum News

GM President Mark Reuss announces a $2.2 billion investment in the automaker’s Detroit-Hamtramck Assembly plant in Michigan for new all-electric trucks and autonomous vehicles on Jan. 27, 2020. ...

Finance

Watch GM CEO Mary Barra take her first autonomous car ride with Cruise

01/27/2022
Bitcoin Ethereum News

General Motors Chairwoman and Chief Executive Officer Mary Barra speaks during a meeting hosted by U.S. President Joe Biden with private sector CEOs to discuss the Build Back Better agenda at the Whit...

Finance

GM investing $6.6 billion in bid to dethrone Tesla in EV sales by 2025

01/25/2022
Bitcoin Ethereum News

DETROIT – General Motors said it will invest roughly $6.6 billion in its home state of Michigan over the next several years to increase electric pickup-truck production and build a new EV battery cell...