General Motors Company (NYSE:GM), Bellway PLC (OTC:BMWYY) – GM To Recall 5.9M Vehicles Over Faulty Airbags As NHTSA Turns Down Petition

General Motors Company (NYSE: GM) will recall approximately 5.9 million vehicles over faulty airbag inflaters as per orders from the National Highway Traffic Safety Administration (NHTSA), the Wall Street Journal reported Monday.

The NHTSA earlier concluded that certain makes of Takata airbags pose a risk of exploding or being deployed improperly, affecting vehicles of several automakers.

What Happened: The NHTSA ruled out GM’s petition to turn down the recall

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Concerns about General Iron’s move to Southeast Side are ‘unfounded,’ Lightfoot Administration says

Mayor Lori Lightfoot’s administration dismissed Southeast Side residents’ concerns about pollution from a planned car-shredding operation as “unfounded” and accused community groups of creating a “blizzard of hyperbolic allegations.”

In a letter to federal officials, a city lawyer defended the administration’s role in relocating General Iron’s business from Lincoln Park to East Side and admonishes residents critical of the move.

“Allegations about negative environmental impact of the additions and improvements

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General Motors Sparkles in 48 Volt, IDTechEx Reports

The MarketWatch News Department was not involved in the creation of this content.

BOSTON, Nov. 24, 2020 /PRNewswire via COMTEX/ —
BOSTON, Nov. 24, 2020 /PRNewswire/ — It is in China that General Motors is leading the way in 48V hybrid cars and their next technology. This 48V mild hybridization of conventional car models gives them another ten years in the market. They do not become illegal from tightening emissions

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General Motors to recall 7 million vehicles globally to replace Takata air bags

DETROIT (AP) — General Motors will recall about 7 million big pickup trucks and SUVs worldwide to replace potentially dangerous Takata air bag inflators.

The announcement came Monday after the U.S. government told the automaker it had to recall 6 million of the vehicles in the U.S.

GM says it will not fight the decision, even though it believes the vehicles are safe. It will cost the company an estimated

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The Zacks Analyst Blog Highlights: General Motors, Delta Apparel, Highpoint, Deere and Capital Bancorp

For Immediate Release

Chicago, IL – November 25, 2020 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include General Motors Company GM, Delta Apparel, Inc. DLA, Highpoint Resources Corp. HPR, Deere & Company DE and Capital Bancorp, Inc. CBNK.

Here are

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Despite A Bumpy Ride, This Travel Car Seat Is Ready To Hit The Road

Any parent will tell you that car seats are a travel nightmare, especially now that safety experts recommend keeping children strapped into booster seats until they’re 8 to 12 years old. Carrying or switching car seats can prove extremely difficult and time consuming, if not

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Motor Vehicles Market Research Report with Industry Share, Size and Strategies to Boost Growth: Covid-19 Impact And Recovery

The MarketWatch News Department was not involved in the creation of this content.

Nov 25, 2020 (The Expresswire) —
“Final Report will add the analysis of the impact of COVID-19 on this industry.”

“Motor Vehicles Market” research report offers the breakdown of the industry by market size, rate of development, key companies, counties, product selections and application. The Motor Vehicles Market Report delivers current state, openings, limits, drivers and also

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GM is now recalling 7 million vehicles over potentially fatal airbag flaw

a car parked on the side of a building: gm recall

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gm recall

  • GM is recalling 7 million of its vehicle sold between 2007 and 2014 over the potential to have airbag failures.
  • The airbags were manufactured by Takata, which is a now-defunct company whose airbags have been blamed for over a dozen deaths in the US alone.
  • Anyone with an affected vehicle will be notified, but you can also check if your vehicle is part of
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Alabama’s Trey Sanders in Wheelchair After Car Crash, But I Can Still Dance!!

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GM recalls 217,000 vehicles for possible transmission leaks

Nov. 9 (UPI) — General Motors is recalling more than 217,000 vehicles built between 2018-2020 for the risk of transmission leaks that could cause car engines to stop during travel and possibly ignite engine fires.

The recall affects Chevrolets including the 2018 Malibu and 2018 and 2019 Cruze as well as the 2019 and 2020 Equinox and Traverse and the 2020 Chevy Blazer. Also recalled are GMC cars, including the

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General Motors to hire 3,000 new tech employees

Nov. 9 (UPI) — General Motors said Monday it plans to hire 3,000 new tech employees amid rising market for software development of autonomous and electric vehicles.

From now through the first quarter of 2021, GM will hire these new employees across engineering, design and IT fields, while striving to increase diversity and inclusion, a company statement said.

“As we evolve and grow our software expertise and services, it’s important

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Nio joins Tesla in the ranks of electric-vehicle makers worth more than General Motors as Wall Street sees major upside

NIO ES8 electric SUVs are seen displayed at the second media day for the Shanghai auto show in Shanghai
  • Nio has surpassed General Motors in market value, as investors continue to bet on the long term outlook of electric vehicle manufacturers.
  • Nio’s market cap of more than $56 billion on Thursday was more than General Motor’s $53 billion. 
  • Shares of Nio have surged this week after the Chinese electric
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California is trying to phase out vehicles using fossil fuels in favor of hydrogen

IRVINE, Calif. — Since President George W. Bush fueled a minivan with hydrogen 15 years ago, the promise of cars and trucks powered by the fuel has come up mostly empty.

That hydrogen pump, in Washington D.C., closed long ago. But in California, the beginnings of a hydrogen economy may finally be dawning after many fits and starts.

Dozens of hydrogen buses are lumbering down city streets, while more and

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We’re on the Road to Somewhere: GM Maps its Electric Vehicle Future

GM CEO Mary Barra presents the Ultium electric drive system. Image source: General Motors Co.

General Motors is pledging to invest $20 billion through 2025 to roll out a raft of new electric models across the company’s range of vehicle segments. “Those are engineering and capital numbers,” emphasized GM CEO Mary Barra. “Those aren’t numbers that have crazy things added to it to make it look big.”

That investment will

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GM recalling Chevrolet Bolt EVs due to fire risks amid federal probe

The Chevrolet Bolt EV is displayed during the Los Angeles Auto Show at the Los Angeles Convention Center on November 20, 2016 in Los Angeles, California.

Josh Lefkowitz | Getty Images

General Motors is recalling tens of thousands of all-electric Chevrolet Bolt EVs due to risk of fire.

The Detroit automaker said Friday it is recalling 68,667 of the cars globally from the 2017 through 2019 model years, including nearly

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General Motors Shares Up as UBS Raises Target on EV Strategy

General Motors  (GM) – Get Report shares rose Tuesday, after UBS analyst Patrick Hummel lifted his share-price target for the country’s biggest automaker to $50 from $34 and affirmed his buy rating.

GM is “fully back on track and likely enjoys strong momentum well into 2021,” he wrote in a commentary, citing its electric-vehicle plans, CNBC reports.

GM recently traded at $40.96, up 5.1%. It has climbed 12%

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Lawmakers want US Army to quicken purchase of Arctic-capable vehicles

WASHINGTON — Senate appropriators want the Army to move more quickly to buy vehicles capable of operating in the Arctic, according to its version of the fiscal 2021 defense spending bill released Nov. 10.

“The committee encourages the Secretary of the Army to pursue equipment and vehicles necessary for Arctic and cold weather environments,” bill language stated.

The Senate Appropriations Committee’s defense subpanel is adding $8.25 million above the president’s

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New Engergy Vehicle Black Box Market Price Chart Shaping from Growth to Value(2021-2030)|| VDO, Supepst, Philips

The MarketWatch News Department was not involved in the creation of this content.

Nov 06, 2020 (WiredRelease via Comtex) —
The latest research report provides a complete assessment of the Global New Engergy Vehicle Black Box market for the forecast year 2021-2030, which is beneficial for companies regardless of their size and revenue. This Survey report covering the major market insights and industry approach towards COVID-19 in the upcoming years. … Read More

General Motors returns to battlefield with new Army infantry vehicle

A classic American car company is back on the battlefield.

GM Defense, a subsidiary of General Motors, this week delivered its first Infantry Squad Vehicle (ISV) to the U.S. Army, marking a major milestone for the company in its revived partnership with the Pentagon. It’s the first major vehicle delivery since GM Defense was reestablished in 2017, the company said.

The vehicle, based on the architecture of the commercial Chevrolet

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U.S. Postal employee accused of hiding mail intended for delivery in his vehicle

Investigators say U.S. Customs and Border Protection encountered Brandon Wilson at the Peace Bridge Port of Entry in Buffalo.

BUFFALO, N.Y. — A United States Postal Service employee is accused of hiding and destroying mail, including some absentee ballots.

According to the criminal complaint, The USPS Office of Inspector General received a complaint from the National Law Enforcement Communications Center of possible USPS employee misconduct on November 3.

Investigators say

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