On Jan. 15, Mary Barra took the wheel as CEO of General Motors, becoming the first woman to head a major global automaker. It’s a bold move for GM, and we wish Barra the best of luck.
MORAINE, OH—DMAX Ltd. will invest $60 million to redesign its diesel engines so they meet future emissions requirements. The investment retains approximately 500 jobs at the joint venture between General Motors and Isuzu.
DETROIT—General Motors sold 9.71 million cars and trucks worldwide last year, not enough to beat out Toyota for the global sales crown but good enough for second place.
TONAWANDA, NY—General Motors is using smart bolts equipped with RFID tags to build its new line of Gen 5 six- and eight-cylinder engines. Each bolt can store 5 kilobytes of data.
DETROIT—GM CEO Dan Akerson plans to retire, and the automaker will appoint Mary Barra as his successor. GM’s senior vice president for product development, Barra will become the first female CEO of a major automaker.
DETROIT—The Treasury Department yesterday sold the last of its shares of GM stock, underscoring the domestic auto industry’s rebound from the deepest downturn since the Great Depression.