GM shares jumped more than 10 percent in pre-market trading.
General Motors chief Mary Barra said today her company needs a level playing field on trade with other countries, with equivalent or no tariffs in order to successfully compete in a global auto industry. She made her comments during a "Talks at GS" conversation with Goldman Sachs Chairman and CEO Lloyd Blankfein that was carried by Yahoo Finance, a sister site to Autoblog.
General Motors chairman and chief executive Mary Barra met on Tuesday with U.S. regulatory chiefs, as the Trump administration approaches a deadline for deciding whether to lower landmark fuel efficiency standards through 2025.
General Motors' stock rises on strong outlook for 2018, in sharp contrast to Ford
Here's the plan for making that happen and it involves China and cheaper batteries.
'It changes the equation' for buyers and automakers, CEO Mary Barra says
Robo-taxis could be "potentially bigger than our current core business, with better margins."
Profitable, mass-produced EVs? GM is confident it can pull it off.
"General Motors believes in an all-electric future."
"Building raw consumer acceptance of NEVs will depend on continued joint effort between the government and automakers."
"General Motors is about unity and inclusion and so am I."
The U.S. No. 2 automaker is stuck in a product drought that shows no signs of easing until 2019, .
DETROIT (Reuters) - General Motors has reported in a regulatory filing that CEO Mary Barra's salary, bonus and awards declined more than 20 percent in 2016 to $22.6 million from $28.6 million in 2015. The company said this reflected a one-time retention bonus of nearly $11.2 million in stock options in 2015. Last week, No. 2 U.S. automaker Ford Motor Co said its chief executive Mark Fields' salary, bonus and stock awards rose 8 percent to $18.8 million in 2016, while pretax profit for the auto
Musk said his participation in the meeting doesn't mean he supports recent policies.
It's all a numbers game.
"I want new plants to be built here for cars sold here!", Trump said in a tweet ahead of the meeting.
While it'd be bad news for GM, having an automotive leader in the vice president's office would be an exciting prospect for the rest of us.
After GM CEO Mary Barra pokes fun at Tesla's inability to sell EVs in all 50 states, a Tesla lawyer says GM is, 'purely competitive.'