GM News
Ford scales down planned Michigan EV plant, GM scraps EV target
Ford has downsized its planned EV plant in Marshall and GM has scrapped EV production targets as consumer EV demand dwindles.
GM secures ex-Tesla gigacasting specialist TEI: portents of a production pivot?
GM’s recent acquisition of TEI, a company with a notable history of collaboration with Tesla in pioneering gigacasting technology, has set the automotive industry abuzz. With an estimated value approaching $100m the strategic move may indicated GM’s positioning to bolster its manufacturing capabilities in gigacasting.
UAW workers ratify deals with GM, Ford and Stellantis
Members of the United Auto Workers union (UAW) have ratified the tentative deals with GM, Ford and Stellantis following weeks of strikes against the Detroit ‘Big Three’.
Impact of UAW strikes could leave suppliers at financial risk
Despite tentative deals, the impact of the UAW strikes on Ford, GM and Stellantis could have already put suppliers at financial risk.
Back in the USA
The AMS Automotive Evolution North America event delivered expert panels and a fully engaged audience. Here are some of the highlights from the sessions.
AMS Autumn 2023 – Continental Shift
In this latest AMS digital edition we have a special focus on the North American automotive industry with big investments in electric vehicle and battery production
UAW strikes against Ford, GM and Stellantis: UAW strike costs GM $1.1 bn
The strikes are targeting one facility from each OEM to begin with, but the union said this could increase as time goes on.
UAW workers start strike against GM, Ford and Stellantis
Union members begin their strike following failed negotiations with the OEMs for a new contract.
Big three strikes ‘potentially a major economic crisis’
If strikes do happen following the 14th September deadline, expert lawyers say there will be a devastating impact on the automotive industry.
GM pauses production of trucks due to parts shortage
The production pauses come at an already challenging time for GM due to recent union negotiations.
Analysis: Hyundai’s plan to acquire GM India’s plant will boost market share and EV capacity
Hyundai’s acquisition of GM India’s Talegaon plant signals intent to boost Indian manufacturing and further accelerate EV production plans.
GM announces $60m Series B investment in AI-powered battery materials trailblazer Mitra Chem
GM and Mitra Chem will work together to develop “advanced iron-based cathode active materials (CAM), like lithium manganese iron phosphate (LMFP), to power affordable and accessible EV batteries compatible with GM’s EV propulsion architecture, the Ultium Platform.”
GM faces ongoing Ultium technology-related battery production delays slowing EV output
The OEMs Cadillac Lyriq and BrightDrop van manufacturing levels continue to be impacted due to battery module assembly issues.
India’s light vehicle demand is rising again, and so is manufacturing investment
India has long been seen as the next big thing in automotive manufacturing. Will new investment help it realise its potential?
GM set to invest $920m in Ohio DMAX engine plant
This is the latest in a string of investments that GM has announced for both its ICE and EV facilities.
GM invests $632m in Fort Wayne ICE truck assembly plant
Fort Wayne is the latest in a string of investments made by the carmaker in both ICE and EV manufacturing.
GM and Mercedes-Benz both sign up for green steel
The two companies have signed seperate deals for green steel, with GM focusing on supplying its North American plants, and Mercedes-Benz on its European factories.
General Motors to invest $1 billion in Flint ICE truck plants
The funding is the latest in a string of investments, with $1bn in body, assembly and stamping, even as GM ramp up EV and battery production investments.
GM and POSCO to build battery material facility in North America
General Motors (GM) and POSCO Future M are planning to build a new battery material facility in North America, in the second phase of their joint venture estimated to exceed $1billion.
China: European, US and Japanese Vehicle Manufacturers rebalance production and supply chains
AMS looks at the changing role of the Chinese operations of European and other long established brands’ operations in China and their changing roles in the global auto sector