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General Motors stated: For more than 20 years, our GM Lansing Grand River team has built luxury and performance vehicles our customers love, like the Cadillac V-Series Blackwings. Now, we're [...]

David Tepper's Appaloosa Management disclosed in an SEC filing its holdings as of March 31. Appaloosa's new buys during the quarter included, by size of position, Adobe (ADBE), JD.com (JD), [...]

Consensus $9.08. Raises FY24 adjusted EBITDA $12.5B-$14.5B from $12B-$14B. Sees FY24 capital spending [...]

Nanoramic Laboratories announced that GM Ventures, the venture capital arm of General Motors, has made a strategic investment in a energy storage and advanced materials company, Nanoramic. The collaboration focuses [...]

Byline: David Leggett General Motors' equity finance arm GM Ventures is leading a $50m Series B financing round in EnergyX and has entered into a strategic agreement to develop EnergyX's [...]

Canada's government plans to introduce in its budget next week a 30% investment tax creidt to bolster clean-technology manufacturing, particularly in the electric vehicle supply chain, Reuters' Steve Scherer reports, [...]

Byline: Graeme Roberts Lithion Recycling and General Motors said GM Ventures, the automaker’s investment arm, has invested in Lithion’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement [...]

Warren Buffett's Berkshire Hathaway (BRK.A) disclosed in an SEC filing its holdings as of June 30, 2022. The fund exited two positions during the second quarter, including by size of [...]

Warren Buffett's Berkshire Hathaway disclosed in an SEC filing its holdings as of March 31, 2022. The fund's eight new buys during the first quarter included, by size of position, [...]

David Tepper's Appaloosa Management disclosed in an SEC filing its holdings as of March 31, 2022. Appaloosa made two new buys during the Q1: 525,000 shares of Las Vegas Sands [...]

George Soros' Soros Fund Management disclosed in an SEC filing its holdings as of March 31, 2022. The fund's 28 new buys during the first quarter included, by size of [...]

Canada on Monday will announce its support for General Motors' multi-billion-dollar investment in two plants, including one that will produce electric commercial vehicles, Reuters' Steve Scherer reports, citing a government [...]

Byline: David Leggett General Motors is to acquire SoftBank Vision Fund 1's equity ownership stake in Cruise for $2.1 billion and separately will make an additional $1.35 billion investment in [...]

Byline: Graeme Roberts 2022-01-25 General Motors today announced an investment of US$7bn in four Michigan manufacturing sites, creating 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and [...]

General Motors said it will make an investment of $7 billion in Michigan, mainly aimed at enhancing production of full-size electric pickups. Rival Ford Motor is also aiming for supremacy [...]

Sees low vehicle inventory in U.S. continuing well into [...]

General Motors announced the Wallace Battery Cell Innovation Center, an all-new facility that will significantly expand the company's battery technology operations and accelerate development and commercialization of longer range, more [...]

Engine No. 1 formally announced its investment in and support for General Motors' 'vision to transform its business to create an all-electric fleet and enhance long-term shareholder value.' Engine No. [...]

Engine No. 1 is expected to announce Monday that it has taken a stake in General Motors, The New York Times' DealBook reports. The stake is pitched as a show [...]

Activist investment fund Engine No. 1 said Monday it has a stake in General Motors. The hedge fund's founder Chris James says GM is embracing the future by focusing on [...]

Byline: Graeme Roberts General Motors’ venture capital arm has invested millions of dollars in Oculii, a US startup maker of software for radar sensors used in self-driving cars, Oculii co-founder [...]

General Motors has invested in radar software startup Oculli, TechCrunch's Aria Alamalhodaei reports. he new funding comes just months after Oculii closed a $55M Series B funding round. Oculii and [...]

Foxconn (HNHPF) plans to invest in Singapore-based SES, a maker of Li-metal batteries, DigiTimes' Ninelu Tu and Yusin Hu report. SES recently announced that it will merge with a SPAC [...]

Walmart (WMT) said in a blog post that it is making an investment in Cruise, the self-driving vehicle company majority-owned by General Motors (GM). 'The investment will aid our work [...]

Byline: John Irwin For four years the relationship between General Motors and the Canadian union Unifor was in tatters -- marked by a strike, blockades, an international media campaign and [...]

(https://markets.businessinsider.com/stocks/gm-stock) General Motors gained as much as 8.9% to a record high on Tuesday amid news that its autonomous vehicle subsidiary, Cruise, is receiving a large investment from (https://markets.businessinsider.com/stocks/msft-stock) Microsoft. [...]

Shares of Nikola (NKLA) are under pressure after the company and General Motors (GM) announced the signing of a non-binding Memorandum of Understanding, with the latter no longer taking an [...]

Nikola and General Motors on Monday announced a long-awaited deal, but on scaled-down terms. GM won't take a stake in the embattled startup, but will sell its hydrogen fuel cells [...]

Byline: Urvaksh Karkaria Nissan confirmed last week it will stop making its NV commercial vans in North America next summer. The decision will eliminate production at Nissan's plants in Canton, [...]

General Motors (GM) is considering seeking a higher stake in Nikola (NKLA) now that its valuation has fallen after allegations of fraud, Bloomberg's David Welch reports, citing people familiar with [...]

General Motors (GM) and Nikola (NKLA) remain in talks regarding their previously agreed upon partnership, which included GM taking an 11% stake in the company, CNBC's Phil LeBeau reports. Don't [...]

Shares of Nikola (NKLA) rallied after CNBC's Phil LeBeau told viewers to not be surprised if General Motors (GM) takes a greater than 11% stake in the company now that [...]

General Motors and Nikola announced a $2-billion deal to produce vehicles using GM's Ultium battery technology, fuel-cell systems, and manufacturing expertise. The first vehicle to result from the partnership would [...]

Byline: Michael Martinez Ford Motor Co.'s broad investment in electrification includes money for a slew of hybrids, plug-ins and battery-electric vehicles, but nothing in one area where its biggest rivals [...]