Sunday, January 16th, 2022

Tag: GMs

Ford’s market value closed above GM’s for first time in five years

Ford Motor Co.’s surging stock gave it a market value greater than rival General Motors for the first time in more than five years. Ford had a market value of $83 billion at Tuesday’s...

Why GM’s Mary Barra dismissed Cruise CEO Daniel Ammann

It’s an ignominious end for Ammann’s decade of work at GM. He was part of Morgan Stanley’s restructuring and IPO team and later joined the automaker as treasurer. He climbed to CFO before being...

GM’s latest commercial EV order calls for 5,400 units

General Motors’ BrightDrop unit said on Thursday that vehicle leasing firm Merchants Fleet plans to order 5,400 more of its delivery vans in a boost to the largest U.S. automaker’s fledgling electric commercial vehicle...

GM’s new plan to add leadership to European business

Samara’s role with Cadillac was critical for preparing Cadillac’s 560 remaining dealers for the EV transition. In Europe, Samara will be tasked with leading a sustainable and profitable mobility startup with electric and autonomous...

How CEO Mary Barra wants to use EV push to boost GM’s market value

Mighty valuations of Tesla Inc. and electric vehicle startups signal an opportunity for General Motors, says CEO Mary Barra. Today, GM’s market cap is about $86 billion, far below Tesla’s, which stands at $1.04...

How CEO Mary Barra wants to use EV push to boost GM’s market value

Mighty valuations of Tesla Inc. and electric vehicle startups signal an opportunity for General Motors, says CEO Mary Barra. Today, GM’s market cap is about $87 billion, far below Tesla’s, which stands at $1.04...