MARY BARRA

These are the stocks posting the biggest moves during midday trading.

FLINT, MI -- General Motors hourly employees are getting their biggest-ever profit-sharing checks -- payouts of $12,750 that will be made next month. GM’s announcement came on Tuesday, Jan. 31, as the company detailed financial results for 2022, including a $500-million profit-sharing pool that will be shared among 42,300 eligible workers. GM reported fourth-quarter 2022 revenue of $43.1 billion and revenue of $156.7 billion for the full calendar year. Officials for the company are expected to detail the financial results in a conference call on Tuesday. “We expect that our momentum will help us deliver strong results once again in 2023.

GM to invest $650 million in the lithium company Lithium Americas to support its EV business, which CEO Mary Barra says will have "a breakout year" in 2023.

GM is expected to continue with its plans to build the plant but is searching for another partner, according to a person familiar with the decision.

The downside of unleashing heavier, faster cars and SUVs on American streets

With factories picking up pace again, consumers will buy more vehicles this year even if automakers have to help them manage rising interest rates by cutting today’s lofty prices.

As the auto industry goes electric, there have been so many massive battery projects announced that it can be hard to keep track of them all. So we added them up for you.

Workers at a General Motors joint venture electric vehicle battery factory in Ohio have voted to join the United Auto Workers union.

The election at the plant, owned by GM and LG Electronics, is a major test for the labor movement in the fight against climate change

The CEOs of JPMorgan, General Motors, Walmart and others are gearing up for a potential economic slowdown in 2023.

Mary Barra said GM's decision to suspend advertising on Twitter was influenced by the fact that Musk's electric vehicle company, Tesla, is a competitor.

General Motors expects its portfolio of electric vehicles to turn a profit in North America by 2025.

The event will focus on General Motors' plans through 2025, including "rapid scaling" of its new EVs and "Ultifi" software initiatives.

The investment cases for Ford and General Motors are increasingly diverging around electric and autonomous vehicles.

President Biden's final campaign push included several incorrect assertions and verbal gaffes as he visited largely blue states amid an expected loss for his party.

General Motors’ third-quarter net profit rose 36.6% as vehicle sales began to rebound from persistent parts supply chain troubles.

The company on Friday said corporate workers would be required to return to physical locations at least three days a week, beginning later this year.

General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drive lines for electric vehicles.

Hertz plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop electric vehicles from General Motors over the next five years.

By 2040, General Motors plans on going completely carbon neutral.

The all-electric Chevrolet Equinox EV is scheduled to go on sale in the U.S. next fall, starting at around $30,000.

Auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers.

General Motors says a new electric vehicle battery plant built in Ohio has started producing cells, which could help customers get federal tax credits.

GM is reinstating a quarterly cash dividend for shareholders and increasing the size of its opportunistic share repurchases to $5 billion of common stock.

To ease inflation for Americans, the Federal Reserve will once again raise interest rates.

The U.S. Department of Energy announced Monday it will lend $2.5 billion to General Motors and LG to construct new electric vehicle battery plants in Michigan, Ohio and Tennessee. In Michigan, GM is expanding an Orion Township plant, building an electric battery manufacturing facility in Lansing and making upgrades to two Lansing area plants. The $2.5 billion loan is going to Ultium Cells LLC, of which GM and LG are partners. The loan is through the Advanced Technology Vehicles Manufacturing (ATVM) program, which provides loans to support U.S. manufacturing of light-duty vehicles, qualifying components, and materials that improve fuel economy. The automaker estimated 4,000 new jobs would be created in Michigan after the EV battery plant is fully operational.

General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and caused the company’s U.S. sales to fall more than 15%.

Like other global automakers, GM has been working through supply-chain disruptions for the last several quarters

General Motors' second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and drove the company's U.S. sales down more than 15%.

CEO Mary Barra is betting that the electric vehicle platform GM unveiled five years ago will soon help the legacy automaker top its rivals on electric vehicles.

In their first rollouts of electric vehicles, America’s automakers targeted people who value short-range economy cars.

General Motors will keep its headquarters in its seven-building office tower complex in downtown Detroit, its CEO says.

General Motors will keep its headquarters in its seven-building office tower complex in downtown Detroit, its CEO says. Mary Barra, in an interview with The Associated Press, said the automaker's main office will remain in the Renaissance Center, the centerpiece of the city's skyline just across the Detroit River from Canada. “Our headquarters will always be in Detroit, in the RenCen,” she said, using the name given to the complex by locals.

Last year GM sold just 25,000 electric vehicles in the U.S., less than one-tenth of the estimated 352,000 sold by Tesla. They’ll join a couple of gargantuan Hummer EVs, an upcoming electric Silverado pickup and a Cadillac luxury SUV in taking on Tesla. Part of the strategy is convincing buyers that an electric vehicle can meet all their transportation needs. GM exited Europe in 2017 by selling its Opel brand after years of losses, but Barra said plans are being formed to re-enter the huge market with electric vehicles. Most electric vehicles, for instance, are sold on the coasts, where people tend to have more liberal views.

General Motors will keep its headquarters in its seven-building office tower complex in downtown Detroit, its CEO says.

The economy is a bit wobbly, but General Motors CEO Mary Barra isn’t backing off of an audacious prediction: She pledges that by the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader.

"This will go into '23. … It's going to take additional capacity," Barra said in an interview on "Mad Money."

Shares of the automaker were down by 2% after briefly being halted during pre-market trading, pending news.

GM's stock closing below the $33 a share IPO price from November 2010 occurred hours after the company's annual shareholder meeting.

Major automakers are asking Congress to lift the cap on how many people can receive tax credits for buying a hybrid or fully electric vehicle.

Major automakers are asking Congress to lift the cap on how many people can receive tax credits for buying a hybrid or fully electric vehicle. In a letter to leaders of the Senate and House of Representatives on Monday, the chief executives of Ford, Toyota, GM and Stellantis asked that tax credits be extended to anyone who seeks to buy a qualified vehicle. Currently the number of tax credits allowed are capped at 200,000 per company.

Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared.

Pay for CEOs who run the biggest U.S. companies soared 17.1% last year, up to a median of $14.5 million.

Wells Fargo lowered GM's rating after market close Wednesday to "underweight" and cut the company's price target from $74 a share to $33 a share.

General Motors’ net income declined in the first quarter, as the automaker sold fewer cars and trucks worldwide, though higher prices helped boost revenue, especially in North America.

CEO Mary Barra said the new compensation benchmarks are meant to underscore the company's commitment to EVs.

Demand is strong for GM's upcoming rival to Ford's F-150 Lightning, which began production earlier today.

An electrified vehicle generally means a gas-electric hybrid or a plug-in rechargeable hybrid.

General Motors says it will be offering an electrified Corvette as early as next year as it continues to strengthen its foothold in the electric vehicle market.

Toyota customers soon won’t be able to get U.S. federal tax credits for buying electric or plug-in hybrid vehicles.

General Motors and Honda announced Tuesday they plan to codevelop affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology.

General Motors and Honda Motor will develop a series of affordable electric vehicles based on a new global architecture.

Back when General Motors CEO Mary Barra was an HR executive at the automaker, she revised the dress code from several pages to two words: Dress appropriately.Back then there was some agreement on what that meant.Get market news worthy of your time with Axios Markets. Subscribe for free.Why it matters: Now as people slowly return to the office, there's confusion. Many grew accustomed to elastic waistbands; we haven't buttoned or zipped pants in a while. There are big questions: Are sweatpants OK

The move matches similar capabilities by other automakers, including Ford Motor.

Even coming off its fastest rate of annual growth in 37 years, the U.S. economy is still bogged down by a persistent shortage of the computer chips essential to the technology that connects, transports, and entertains us.

GM's leaders told Wall Street it has a strategy this year to protect its production from any semiconductor chip shortfalls.

GM CEO Mary Barra is making it clear that the company is going "full-out" on its plans to profitability expand into EVs to challenge industry leader Tesla.

General Motors increased its net income 56% last year, helped by higher prices for its vehicles that were made scarce by a global shortage of computer chips.

GM is expected to report a relatively positive fourth-quarter profit after the markets close Tuesday, capping off an unprecedented year of supply chain issues.

General Motors announced plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery cell plant.

After Biden lauded EV production by General Motors and Ford, Tesla CEO Elon Musk also ventured, "Starts with a T, Ends with an A, ESL in the middle."

"It's just surreal," General Motors CEO Mary Barra says while testing one of the company's driverless cars in San Francisco, calling it a highlight of her career.

The $7 billion investment includes a $4 billion investment in GM’s Orion Township assembly plant and $2.5 billion for a battery cell plant in Lansing.

President Joe Biden is getting support from several business leaders on his economic agenda that has stalled in the Senate.

GM is investing nearly $7 billion in Michigan to build a new battery plant and overhaul an existing factory to make electric trucks.

LANSING - General Motors, building toward an all-electric future, plans to invest $7 billion and create 4,000 jobs across four manufacturing sites in Michigan. “It will create ripple effects in our community for decades and decades to come,” said Orion Township Supervisor Chris Barnett. It was created late last year after Michigan lost out on an $11.4 billion electric vehicle investment from Ford Motor Company. They join the Factory ZERO plant, formerly Detroit-Hamtramck, that opened last year as an electric vehicle facility. General Motors plans to roll out 30 electric vehicle models by 2025 and transition to solely manufacturing electric vehicles in 2035.

GM has said it will sell more than 1 million EVs globally by mid-decade and overtake Tesla as America's top seller of electric vehicles during that time frame.

General Motors is making the largest investment in company history in its home state of Michigan, announcing plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery cell plant.

General Motors is making the largest investment in company history in its home state of Michigan, announcing plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery cell plant.

GM made headlines at CES with announcements of new EVs, progress on autonomous vehicles and thousands of orders for its BrightDrop EV commercial van.

Now No. 2 to Toyota in total U.S. vehicle sales, Detroit's biggest automaker is speeding up its shift to electric cars.

Thousands of people have gathered in Las Vegas for a tech conference that’s been scaled back because of COVID-19 precautions.

Even though the consumer appetite for electric pickup trucks is a bit murky, the competition for buyers just got a whole lot tougher.

The CEO of General Motors says the automaker learned valuable lessons last year when it stepped in to boost emergency production of ventilators to treat severely ill COVID-19 patients.

The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots.

General Motors is hosting its 2021 Investor Day pitching Wall Street on its plans to double revenue to $280 billion by 2030 and showcasing its plans for electric vehicles and new technology.

General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030.

General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030.

General Motors CEO Mary Barra and Detroit Mayor Mike Duggan announced another GM-funded initiative to help the city’s residents.

From Walt Disney World to Goldman Sachs, a flurry of private and public employers are requiring workers to get vaccinated against COVID-19 after the federal government gave full approval to the Pfizer shot.

General Motors posted a healthy $2.8 billion second-quarter profit Wednesday, but its cautious outlook for the rest of the year spooked investors.

The nation’s largest automaker says it can support greenhouse gas emissions limits that other car manufacturers negotiated with California — if they are achieved mostly by promoting sales of fully electric vehicles.

Most of the women running the biggest U.S. companies saw their pay increase last year, even as the pandemic hammered the economy and many of their businesses.

Ford Motor Company announced new plant closures. The Big Three all believe the next three months will be the most expensive part of the shortage.

General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices overcame production cuts brought on by the global shortage of computer chips.

GM has committed to increase ad spending from half a percent of the billions spent every year to 2% this year, 4% percent in 2022 and 8% by 2025.

New Mexico health officials say they are preparing to respond to pockets of vaccine hesitancy in some communities as overall interest increases in receiving the vaccine for COVID-19.

GM CEO Mary Barra made it clear it’s a new day for a new way of driving.

The United Auto Workers union is calling on General Motors to pay full union wages at electric vehicle battery factories, thrusting what was a festering conflict into the spotlight because automakers want to pay less.

The leaders of three-dozen major Michigan-based companies, including General Motors and Ford, have announced their objection to Republican-sponsored election bills that would make it harder to vote in Michigan and other states.

A meeting between GM officials and Black media owners was canceled Thursday by the automaker.

DETROIT – GM is responding to allegations of racism that were printed in a full-page advertisement in Sunday’s Detroit Free Press. The advertisement accuses GM CEO Mary Barra of consistently refusing to meet with several Black-owned media companies. Detroiter Byron Allen is asking GM to allocate at least 5% of its advertising budget to go toward Black-owned media companies. The ad claims less than 1% of GM’s marketing budget goes toward Black-owned media companies. GMThe automaker cited its work with HBCUs, its partnership with National Association Of Black Owned Broadcasters and AIMM.

General Motors expanded its board of directors to 13, appointing former Hewlett-Packard chief Whitman and NBA executive Mark Tatum effective Thursday, March 25, 2021. Seven of GMs directors are now women, including board chair and Chief Executive Officer Mary Barra, who in 2014 became the first woman to lead a major U.S. automaker. (AP Photo/Richard Drew, File)DETROIT – General Motors said Thursday that it has expanded its board to 13 members and appointed former Hewlett-Packard chief Meg Whitman and NBA executive Mark Tatum as directors. There has been an acknowledgment in the U.S. and abroad that white men are overrepresented on the boards of major corporations. Women hold 43.8% of the board seats at companies in France’s 40 biggest publicly traded companies, the U.K. panel said.

FILE - In this Dec. 19, 2012, file photo, Marriott CEO Arne Sorenson speaks during a groundbreaking ceremony for a Marriott hotel in Port-au-Prince, Haiti. Sorenson was the third CEO in Marriotts 93-year history, and the first without the Marriott surname. Sorenson reduced his schedule at Marriott this month to pursue a more aggressive cancer treatment. He was first diagnosed with pancreatic cancer in 2019; a recent routine scan had confirmed the cancer had returned, the company said. Sorenson was the first Marriott CEO whose name was not Marriott, and only the third to lead the company in its 93-year history.

– The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. Bitcoin is rallying as more companies signal the digital currency could eventually gain widespread acceptance as a means of payment. Some businesses also accept bitcoin, but its popularity has stalled out in recent years. Overstock.com appears to accept Bitcoin for most listings on its website, including cameras, vacuums and clothes. When this bubble bursts and at what price Bitcoin settles at is anyone’s guess,” Reiners said.

The Bolt Electric Utility Vehicle will go on sale early this summer as a 2022 model. About 2.5 million electric vehicles were sold worldwide last year. Fully electric vehicles accounted for less than 2% of U.S. new vehicle sales last year, and Americans continue to spend record amounts on larger gas-powered trucks and SUVs. IHS Markit analyst Stephanie Brinley said the new SUV is another step toward wider adoption of fully electric vehicles, but it will take many more. The credit is phased out after manufacturers hit 200,000 in electric vehicle sales, and GM and Tesla have both passed that level.

It also clouded the future for 50,000 GM workers whose skills — and jobs — could become obsolete far sooner than they knew. But President Joe Biden has made the development of a U.S. electric vehicle supply chain a key part of his ambitious plan to create 1 million more auto industry jobs with electric vehicles. The more environmentally focused plants of the future will need fewer workers, mainly because electric vehicles contain 30% to 40% fewer moving parts than petroleum-run vehicles. At the century-old transmission plant in Toledo, GM workers make sophisticated six-, eight-, nine- or 10-speed gearboxes. Eventually, those parts will be replaced by far simpler single-speed drivetrains for electric vehicles.

General Motors net profit fell 4.5% in 2020, but a strong second half more than offset the effects of pandemic-related factory closures and a costly air bag recall. (AP Photo/Richard Drew, File)DETROIT – General Motors' profit fell 4.5% in 2020, but a strong second half more than offset the effects of pandemic-related factory closures and a costly air bag recall. GM predicted the shortage will cost it $1.5 billion to $2 billion in earnings before taxes this year due to lost production. Still, GM expects pretax income for the year of $10 billion to $11 billion, or $4.50 to $5.25 per share. Of that, $6 billion would go to electric vehicles and $1 billion would go to autonomous, Chief Financial Officer Paul Jacobson said.

The Detroit automaker's push into electric vehicles has gone into overdrive this year. By the end of 2025, 40% of its U.S. models will be battery electric vehicles. The company plans to include crossovers, SUVs, sedans and trucks in its electric vehicle lineup. It's also working with others, including the Environmental Defense Fund, to build out the necessary infrastructure to power its electric vehicles and to promote their use. It wants to be seen as a clean vehicle company, rather than a builder of cloud-spewing gas-powered pickups and SUVs.

FILE - People look at a 145 inch Ultra Large UHD display in the LG booth at the CES tech show, on Jan. 8, 2020, in Las Vegas. CES, the annual gadget show that showcases the buzziest and brightest tech, looks different this year less Vegas glitz, more internet efficiency. Trends to watch reflect the tumultuous year that preceded it. These include COVID-related robots and gadgets, products that make it easier to work from home, more uses for 5G technology, AI infused in everything, and TVs that can bend or even become transparent. On the last day of CES, Samsung will debut its new 5G enabled iteration of its Samsung Galaxy phone — an event that isn't affiliated with CES but still likely to draw buzz.