General Motors
US auto union UAW begins nation-wide strike against GM
16 Sep 2019
GM said UAW wages and benefits are expensive compared with competing non-union auto plants in southern US states and also justified plant shutdowns saying market shifts, especially the switchover to electric vehicles, demanded solutions for the Michigan and Ohio assembly plants that are non-productive
Indian American Dhivya Suryadevara becomes GM’s first woman CFO
14 Jun 2018
Dhivya Suryadevara joins Mary Barra, GM’s first woman CEO, as the first women in their respective positions in the auto industry, as no other major global automaker has a CEO and a CFO who are both female
General Motors to introduce autonomous ride-sharing service in several big cities in 2019
01 Dec 2017
China’s SAIC Motor to take over GM’s defunct Halol unit
06 Jul 2017
The $100-billion SAIC will be the first Chinese auto major to have a dedicated manufacturing base in the country that is slated to become the world's third largest by 2020
GM faces suit for alleged VW-type diesel emissions scam
26 May 2017
GM and its German supplier Bosch have been accused of rigging its heavy-duty trucks with Duramax engines to detect and pass emissions tests but to scale back those controls in real driving conditions - much like the Volkswagen scam
GM to stop car sales in India; to focus on exports
19 May 2017
The plan is consistent with GM’s global allocation of capital and investment in its business around the world and is designed to generate stronger returns
US Supreme Court declines to review ruling on GM’s liability over faulty ignition switch
25 Apr 2017
General Motors exits Venezuela plant seizure
21 Apr 2017
French group PSA acquires GM’s European business for $2.3 bn
06 Mar 2017
The acquisition will elevate PSA Group as No2 automaker in Europe with the addition of Opel and Vauxhall brands while advancing GM’s transformation and unlocking shareholder value through disciplined capital allocation
GM in talks to sell Opel arm to Peugeot, exit Europe
15 Feb 2017
The surprise decision to sell Opel is in line with CEO Mary Barra’s promise to have GM “disrupt ourselves” rather than be jolted by outside forces – but exiting such a large market as Western Europe is risky, say analysts
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
