Topic

General Motors Co

GM buyouts cut 5,000 jobs

Published 05 Apr, 2023 06:16am

NEW YORK: About 5,000 General Motors Co salaried workers took buyouts to leave the company, putting the company well...

US auto union leader promises fight to get workers a ‘fair share’

Published 29 Mar, 2023 06:27am

DETROIT: Shawn Fain, the new president of the United Auto Workers union, on Monday said he is ready to go to war...

GM offers salaried employee buyouts, will take up to $1.5bn charge

Published 13 Mar, 2023 06:15am

WASHINGTON: General Motors Co on Thursday said it was offering buyouts for most of its salaried employees and global...

GM profits rise after record quarter in North America

Published 06 Feb, 2023 07:27am

NEW YORK: General Motors rode a strong performance in North America to higher fourth-quarter profits and said ...

GM reclaims US auto sales top spot from Toyota

Published 09 Jan, 2023 06:00am

BENGALURU: General Motors Co on Wednesday posted a 2.5% rise in US new vehicle sales in 2022, outselling Toyota ...

GM backs setting tough US emissions targets for 2030

Published 21 Sep, 2022 11:03am

NEW YORK: General Motors Co said on Tuesday it backed establishing tougher federal emissions standards to help...

Chip makers have a message for car makers: Your turn to pay

Published 04 Aug, 2022 10:05am

The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over ...

US Energy Department set to loan GM battery joint venture $2.5bn

Published 26 Jul, 2022 04:30am

WASHINGTON: The US Energy Department on Monday plans to announce it intends to loan a joint venture of General ...

GM and Honda expand electric vehicle partnership

Published 05 Apr, 2022 05:35pm

DETROIT: General Motors and Honda Motor Co on Tuesday said they will co-develop a series of electric vehicles based...

Canada to invest C$518 million toward GM’s two plants in Ontario

Published 04 Apr, 2022 10:01pm

General Motor Co will receive support worth C$518 million ($414.96 million) from Canada toward its multi-billion...

GM seeks US approval to deploy self-driving vehicles

Published 21 Feb, 2022 07:25am

WASHINGTON: General Motors Co and its self-driving technology unit Cruise have petitioned US regulators for...

GM Ventures invests in EV advanced battery startup Soelect

Published 03 Feb, 2022 06:56pm

General Motors Co is among the investors in a North Carolina startup developing fast-charging lithium-metal ...

Global carmakers now target $515 billion for EVs, batteries

Published 10 Nov, 2021 12:41pm

Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through...

GM, Ford results likely to reflect chip shortage's varying impacts on sector

Published 25 Oct, 2021 03:55pm

DETROIT: General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial...

LG units say results accounted for $918mn costs from GM's Bolt recall

Published 12 Oct, 2021 11:26am

SEOUL: South Korea's LG Chem Ltd and LG Electronics Inc said on Tuesday their latest quarterly results accounted for...

GM to open battery cell development center in push to cut EV costs

Published 05 Oct, 2021 05:14pm

"The key to making these vehicles affordable is going to be the cell cost in the battery packs," Ken Morris says

GM invests in Oculii, radar software maker for self-driving cars

Published 13 Sep, 2021 04:58pm

Tesla Inc eliminated radar sensors from its volume models this year, rekindling questions about the safety and performance of its advanced driver assistant system

GM to cut North American production, citing chip shortage

Published 03 Sep, 2021 04:58am

WASHINGTON: General Motors Co will reduce production at most North American assembly plants this month because of ...

South Korea's LG Chem shares dive on GM electric car recall

Published 23 Aug, 2021 09:41am

The US automaker said the recall covers vehicles beginning model year 2019 and that it would indefinitely halt Bolt sales

Biden to set target for 50% EVs by 2030; industry backs goal

Published 05 Aug, 2021 02:05pm

Last month, Stellantis said it was targeting over 40% of US vehicles to be low-emission by 2030

GM, Cruise sue Ford to block use of 'BlueCruise' name for hands-free driving

Published 24 Jul, 2021 05:08pm

In the lawsuit, filed on Friday, GM said the automakers had held "protracted discussions" over the matter but failed to resolve the dispute.

GM to invest $71mn for new design and tech campus in California

Published 13 Jul, 2021 05:39pm

General Motors said the campus will include an innovation lab and immersive technology capabilities, including augmented and virtual reality.
GM presented in January a futuristic flying Cadillac - a self-driving vehicle which takes off and lands vertically and carries the passenger above the streets and through the air.

GM shakes up lithium industry with California geothermal project

Published 02 Jul, 2021 06:16pm

The deal, announced on Friday, comes as automakers around the world scramble for access to lithium and other electric vehicle (EV) metals as internal combustion engines are phased out.

GM to boost spending to $35bn by 2025

Published 21 Jun, 2021 03:43am

WASHINGTON: General Motors Co will boost global spending on electric and autonomous vehicles to $35 billion through...

GM boosts spending on electric vehicles, to add two new US battery plants

Published 16 Jun, 2021 07:08pm

The No. 1 US automaker said it will now spend $35 billion through 2025 on EVs, an increase of 75% from March 2020 before the COVID-19 pandemic shut down the industry.
GMT's announcement comes less than a month after rival Ford Motor Co upped its EV spending by more than a third to over $30 billion by 2030.

S&P 500, Nasdaq weighed down by inflation worries after upbeat data

Published 04 Jun, 2021 12:39am

The S&P index recorded 30 new 52-week highs and no new low, while the Nasdaq recorded 55 new highs and 21 new lows.

Ford boosts EV spending, outlines 2030 sales targets, shares near 5-year high

Published 26 May, 2021 10:54pm

Ford and other global automakers are racing to shift their gasoline-powered lineups to all electric power under pressure from regions like Europe and China to cut vehicle emissions.

GM profit shrugs off chip shortage with high-priced pickups, SUVs

Published 05 May, 2021 06:18pm

Barra added that the No. 1 US automaker's "supply chain and manufacturing teams are maximizing production of high-demand and capacity-constrained vehicles."
In a conference call with reporters, Barra said that the chip shortage will worsen in the second quarter before starting to improve in the second half of the year.

GM, LG Energy Solution to build 2nd US battery plant in Tennessee

Updated 18 Apr, 2021 10:30am

DETROIT: General Motors Co and South Korean joint-venture partner LG Energy Solution on Friday said they will build ...

GM, LG Energy Solution to build 2nd US battery plant in Tennessee

Published 16 Apr, 2021 07:57pm

The planned 2.8 million-square-foot plant, scheduled to open in late 2023, will employ 1,300 people and is expected to have a production capacity similar to the companies' Ultium Cells joint-venture plant in Lordstown, Ohio, of about 35 gigawatt-hours as they move to respond to the growing demand in the electric vehicle market.
LG Chem said in a regulatory filing that its LG Energy Solution unit will invest $933.5 million in the plant between this year and 2023.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.34 ▲ 0.77 (16.85%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	7.60 ▲ 0.89 (13.26%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)
Pak Qatar Gen.Takaful / Jun 4 Pak Qatar General Takaful Limited(PQGTL)	15.18 ▲ 1.38 (10%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)

Stock	Price
First Imrooz Mod. / Jun 4 First Imrooz Modaraba(FIMM)	190.75 ▼ -18.98 (-9.05%)
Crescent Fib. / Jun 4 Crescent Fibres Limited(CFL)	56.10 ▼ -3.89 (-6.48%)
Popular Islamic / Jun 4 Popular Islamic Modaraba(PIM)	22.11 ▼ -1.46 (-6.19%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32.43 ▼ -1.82 (-5.31%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Bela Auto / Jun 4 Bela Automotives Limited(BELA)	56.60 ▼ -2.39 (-4.05%)
Security Investment Bank / Jun 4 Security Investment Bank Limited(SIBL)	7.20 ▼ -0.29 (-3.87%)
Colony Tex.Mills Ltd / Jun 4 Colony Textile Mills Limited(CTM)	7.69 ▼ -0.28 (-3.51%)
Olympia Mills / Jun 4 Olympia Mills Limited(OML)	30.15 ▼ -1.08 (-3.46%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	98,107,406 ▲ 0.32
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	28,803,522 ▲ 0.74
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	24,993,842 ▲ 1.14
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	19,201,449 ▲ 0.63
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	19,040,121 ▼ -0.16
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	18,157,108 ▲ 2.27
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	14,859,535 ▲ 0.27
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	14,569,567 ▲ 0.31
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	14,283,814 ▲ 2.31
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	14,038,265 ▼ -0.05

General Motors Co

Most Popular