Latest News

China's economic growth holds steady amid trade dispute with U.S., President Trump

Posted By GMbeat on Articles - China's economic growth held steady in the quarter ending in March amid a worsening trade dispute with U.S. President Donald Trump, buoyed by strong e-commerce and factory output.       

Tesla, GM, Volkswagen score as China lifts auto ownership restrictions

Posted By GMbeat on Articles - Tesla, General Motors, Volkswagen and other automakers scored a big win Tuesday as China announced plans to lift strict rules requiring foreign car companies to share profits and operations with local firms. President Trump had been critical of the country's 50-50 joint venture policy.       

What Are Car Subscription Services -- and Should Investors Care?

Posted By GMbeat on Articles - If you're in the market for a new vehicle, there may soon be a third option available instead of the traditional buy or lease agreements: subscription. BMW is the latest to join other automakers like General Motors' Cadillac, Geely Automobile Holdings' Volvo Cars division, and Ford in launching its own subscription service. Here's what "cars by subscription" is and what it means for investors.

GM Korea Is Running Out of Time

Posted By GMbeat on Articles - Two months ago, General Motors announced plans to permanently close one of its four assembly plants in South Korea. The company also strongly hinted that additional restructuring actions would be necessary to get GM Korea back to profitability. Since then, the situation has escalated.

PSA, union in standoff over Opel's Eisenach plant

Posted By GMbeat on Articles - The future of Opel's Eisenach factory in Germany hung in the balance after shop stewards rejected wage concessions demanded by Opel owner PSA in exchange for a commitment to invest in a production line for a new model there.

All Change: Are America’s Automakers Ready?

Posted By GMbeat on Articles - We used to call them the Big Three because, well, they were the three biggest automakers in the world. For much of the 20th century, GM, Ford, and Chrysler each made more cars–and more money–than anyone else in the auto biz.

Smaller Opel/Vauxhall dealer network will focus on performance, customer satisfaction

Posted By GMbeat on Articles - PSA Group will focus its slimmed-down Opel/Vauxhall dealership network across Europe on sales performance and customer satisfaction.