Tag: Mary Barra

By on October 8, 2017

renaissance center Detroit

Promoting a future for wide electrification appears to be the Achilles’ heel for bearish investors. Despite some bad publicity last week, Tesla Motors’ already sky-high share price resumed its relentless upward trend after a brief September slump. However, Tesla isn’t the only domestic company benefiting from electrification. Both General Motors and Ford have also seen marked improvements on Wall Street following tech-forward corporate announcements.

For General Motors, that meant the promise of widespread electrification. CEO Mary Barra pressed the issue by reaffirming GM’s three-tiered policy of, “Zero Crashes. Zero Emissions. Zero Congestion.” On a LinkedIn posting, Barra elaborated on the company’s vision where technology minimizes accidents via driver’s aids and autonomous hardware, nullifies emissions through alternative powertrains, and reduces congestion using inter-vehicle connectivity.

In addition to GM’s proposal to launch 20 new electric or fuel cell vehicles by 2023, the company has seen its share price jump twice in the same week. But Ford saw similar, although more modest, improvements in value following it’s own announcement of a tech-driven future.  (Read More…)

By on June 23, 2017

GM Assembly, Image: General Motors

General Motors’ safety practices are no longer under the watchful eye of the National Highway Traffic Safety Administration. The three-year oversight period was part of a settlement GM reached with U.S. regulators back in May 2014, resulting from its failure to recall defective ignition switches attributed to 124 deaths and countless injuries.

While NHTSA’s role as General Motors’ personal watchdog ended last month, the automaker said it intends to continue meeting with the agency on a monthly basis to discuss potential defects. It also stated that the time spent with the regulator had been transformative, leading to a safer environment and more stringent quality control.  (Read More…)

By on March 6, 2017

General Motors HQ

General Motors has said it will discharge 1,100 employees at its Lansing Delta Township assembly plant in Michigan in May. Last year, America’s largest automaker announced an additional 800 jobs at its Spring Hill plant in Tennessee to aid in production of the updated GMC Acadia. However, those positions seemed to have come at the expense of its Michigan workforce.

The cuts come after GM’s promise to invest another $1 billion into U.S. factories earlier this year. President Trump has insisted that American car builders manufacture more product within the country while condemning any ventures in Mexico. While General Motors may be shifting production south, it’s not so far south as to garner any presidential ire. The automaker has claimed that the billion dollar investment would maintain or create 1,500 U.S. jobs. Still, the net employment loss in this instance does not seem to reflect that.  (Read More…)

By on February 15, 2017

Opel-Astra-295903

After yesterday’s shocking news of a potential takeover of GM-owned Opel and Vauxhall by France’s PSA Group, General Motors CEO Mary Barra hopped on a plane to the Fatherland.

Given the sudden uncertainty surrounding a major employer, Opel’s works council, labor union and the German government staged a collective panic attack. Soothing words were needed, stat. Britain, home of Opel’s Vauxhall sister division, would also like to hear a few assurances of its own. (Read More…)

By on February 2, 2017

The enduring popularity of the Chevrolet Equinox has led General Motors to some creative manufacturing approaches to keep up with demand. In addition to the crossoverÕs assembly home in Ingersoll, Ontario, GM runs a shuttle system that takes Equinox bodies to Oshawa, Ont., for painting and final production, Image: General Motors Canada

There’s no hurt feelings like a city council’s hurt feelings.

Oshawa, Ontario, home to TTAC’s managing editor and General Motors Canada headquarters, is feeling a little invisible after an invite delivered last June to GM CEO Mary Barra failed to result in a visit.

The invite came at the onset of tense Detroit Three labor contract negotiations, when it seemed like Oshawa’s assembly plant was living on very borrowed time. Ultimately, the plant was granted a reprieve, though the city remains nervous about the long-term viability of the plant and GM’s commitment to it.

After seven months of being the wallflower at the dance, city councilors want some up close and personal face time. (Read More…)

By on January 24, 2017

White House, Washington DC

At the start of the second real workday of the Trump administration, the leaders of the Detroit Three automakers marched into the White House for a breakfast meeting with their newly minted president.

We don’t know for sure what they ate, but we can relate what they talked about. This won’t come as a shock: investment. Specifically, assembly plant investment in the U.S., rather than Mexico.

Ford CEO Mark Fields, General Motors CEO Mary Barra and Fiat Chrysler Automobiles CEO Sergio Marchionne knew the landscape they were entering. Yesterday, Trump signed an executive order that pulled the U.S. out of the Trans-Pacific Partnership and moved to renegotiate the North American Free Trade Agreement. Today, he signed an executive action to advance approval of the Keystone XL and Dakota Access pipelines.

Deals. Besides perhaps eggs and toast, Trump wanted deals. Or, at this early point, promises and assurances at the very least. (Read More…)

By on December 5, 2016

GM: Barra at 2016 GM Annual Stockholders Meeting

President-elect Donald Trump has named General Motors CEO Mary Barra to his advisory board on economic issues and jobs growth.

While this could also be a coincidental slight against Mark Fields for publicly criticizing the new president’s repeated verbal attacks against Ford, this isn’t the first time Barra has been considered for unexpected political involvement this year. Hillary Clinton had shortlisted her as a possible running mate for the 2016 election.  (Read More…)

By on January 21, 2016

oshawaGM

General Motors CEO and Chairwoman Mary Barra met with Canadian government officials in Davos, Switzerland on Thursday, but didn’t reveal any specifics for the automaker’s languishing Oshawa, Ontario plant, according to CTV News.

Barra spoke with Navdeep Bains, Canada’s economic development minister, before she met with new Prime Minister Justin Trudeau. Bains promoted Oshawa as a place for GM to build cars and develop technology for future cars. The Oshawa plant currently produces several outgoing models including the Cadillac XTS, Buick Regal and several others with uncertain futures including the outgoing Chevrolet Equinox.

Chevrolet built the Camaro in Oshawa before shifting production to Michigan last year, which resulted in 1,000 job cuts. (Read More…)

By on January 20, 2016

Chevrolet Aveo Roja Victoria 2015

General Motors CEO and Chairwoman Mary Barra defended Wednesday her company’s decision not to put airbags in some of its cars in international markets.

“In many of those places the technology is available and it’s a customer choice if they want it,” Barra said, according to the International Business Times. “There’s many cases where we are well above standards, but we also have to look at affordability otherwise you cut people out of even having the availability of transportation.”

Barra made the remarks in Davos, Switzerland, which was a response to a letter sent to her last year by consumer advocacy groups in the U.S. — including Consumer Reports — requesting the automaker standardize safety features in its cars worldwide.

(Read More…)

By on January 20, 2016

General Motors CEO Barra and Batey President of GM North America pose next to the Chevrolet Bolt EV electric concept car after it was unveiled during the first press preview day of the North American International Auto Show in Detroit

At a one-day workshop Tuesday sponsored by the Federal Trade Commission to discuss the future of automobile dealers in the U.S., executives from General Motors and Tesla jabbed at each other over electric car sales.

GM CEO and Chairwoman Mary Barra touted the new Chevrolet Bolt as being one of the few all-electric cars that could be purchased in all states.

Later, at a direct-sale discussion, a lawyer for Tesla chided Barra by saying that it was GM’s persistence in shaping dealer law nearly a century ago that has forced Tesla out of six states including Michigan and Texas.

“Because they voluntarily chose generations ago to use a certain business model, (GM thinks) everyone that comes after should be required as a matter of law to use the same model,” Tesla lawyer Todd Maron said Tuesday. (Read More…)

By on January 6, 2016

2017 Chevrolet Bolt EV

General Motors CEO — and Chairwoman! — Mary Barra unveiled on Wednesday the 2017 Chevrolet Bolt at the Consumer Electronics Show in Las Vegas.

The compact electric car had already broken cover earlier in the day (oops), but the first look at Chevrolet’s “production” electric car raised more questions than it gave answers.

According to Barra, the car will be produced sometime late this year and sell for around $30,000 after tax incentives. The Bolt will run for 200 miles, either on a charge that will take “overnight” for a full battery, or one hour to 80 percent using a DC fast charger.

It’s unclear when and where it will go on sale, or what its batteries are made of. Oh well, at least we can talk about its “gamification!”

(Read More…)

By on January 4, 2016

Mary-Barra-Chevrolet-Cruze

General Motors CEO Mary Barra will be the automaker’s first female chairwoman of their board of directors, the automaker said Monday.

Barra takes over for Tim Solso, who will remain on the board.

Barra took over as CEO two years ago and is GM’s first female CEO. When Barra took over as CEO in January 2014, the automaker split the role of CEO and chairman following Dan Akerson’s departure.

(Read More…)

By on January 4, 2016

Sergio Marchionne. Photo courtesy Toledo Blade.

Fiat Chrysler Automobiles chief Sergio Marchionne told Bloomberg on Monday that his company likely wouldn’t merge with another automaker before his tenure is up in 2018.

The chief executive publicly courted General Motors in 2015 to merge two of the Big Three. GM CEO Mary Barra publicly refuted that partnership, and Marchionne seems to have gotten the hint.

“I met Mary Barra less than a month ago in Washington,” Marchionne told Bloomberg. “I don’t think I will have another coffee with her. It won’t happen again in the future.”

(Read More…)

By on December 3, 2015

Sergio Marchionne at the Italian Embassy in DC Circa February 2012

Fiat Chrysler Automobiles won’t attempt to takeover General Motors anytime soon, FCA chief Sergio Marchionne told investors Thursday according to Reuters.

Speaking following a shareholder meeting, Marchionne said that finding a partner for FCA wasn’t “life or death” for the automaker group. Reportedly, FCA will delay launching several of their cars — including the Alfa Romeo Giulia for six months — as the automaker shores up its $52 billion investment plan.

“We are not choking. We are in relatively decent shape,” Marchionne said.

(Read More…)

By on December 2, 2015

Anthony Foxx + Barack Obama et al

Auto executives from nearly every major U.S. automaker met in Washington D.C. on Tuesday to discuss safety, recalls and technology with Secretary of Transportation Anthony Foxx, Automotive News reported.

Senior executives from 15 automakers, including General Motors’ CEO Mary Barra, Fiat Chrysler Automobiles CEO Sergio Marchionne, Volkswagen of America CEO Michael Horn and Nissan North America boss Jose Munoz, met to address Foxx’s concerns that “the public has lost faith in the auto industry’s commitment to safety,” according to a letter obtained by Automotive News.

The recent snowballing recall crises at GM, FCA and other automakers concerning Takata’s airbag inflators prompted the meeting, according to reports. A spokesman for the Transportation Department said the meeting was “very productive.”

(Read More…)

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