MARY BARRA

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.

The sleek two-passenger electric vehicle is part of Cadillac's Halo Concept Portfolio.

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 said Thursday that 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 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.

GM is scheduled to unveil the Chevrolet Silverado E at the CES technology conference next month in Las Vegas.

President Joe Biden traveled to Detroit Wednesday to tout the new $1.2 trillion infrastructure package he signed into law on Monday while helping to celebrate...

Rivian's stock is indicated to open at $125 a share, a 60% pop from its IPO price of $78 a share and implying a valuation of as much as $106.6 billion.

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.

The Business Roundtable and the U.S. Chamber of Commerce oppose new tax plans proposed by Democrats for President Biden's social spending bill.

Barra's comments come weeks after the automaker said it planned to be the leader in EV sales in the U.S., but the company did not release a timeframe to do so.

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.

From $280 billion in expected revenue by 2030 to 1 million robotaxis, a look at the most significant figures from General Motors' investor day.

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.

GM kicks off the first of a two-day investor meeting where it will detail exactly how it will grow revenue and profit margins.

General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles.

Wall Street is expecting a lot from GM's investor event — from specific revenue targets to new details about its electric and autonomous vehicle operations.

GM CEO Mary Barra and other executives will detail plans to expand the company's revenue and earnings during an investor day this week.

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.

The new target is expected to be supported by companies such as General Motors, Ford Motor, Stellantis and other automakers.

GM plans to add a full-size battery electric cargo van for Chevrolet as well as a medium-duty truck for service and utility vehicles.

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

Despite a computer chip shortage that temporarily closed some of its factories, General Motors made a healthy $2.8 billion net profit in the second quarter.

Self-driving rides with safety drivers will roll out this year in Miami by request and next year in Austin.

The changes come after large swaths of corporate American have promised to be more inclusive in the wake of the #MeToo movement and George Floyd's murder.

These are the stocks posting the largest moves in midday trading.

See which stocks are posting big moves after the bell.

These are the stocks posting the largest moves in midday trading.

General Motors CEO Mary Barra on Wednesday once again pushed back on spinning off its emerging electric vehicle battery business. Keeping the unit within GM will create more value for the company than spinning it off, Barra said. "For an electric vehicle, it's all about the battery," she said in an interview on "Squawk on the Street." Barra touted the company's plans to sell its Ultium battery cells as well as its Hydrotech fuel cell technology to other companies. Speculation and pressure from Wall Street about a potential spinoff of GM's electric vehicle operations has been rampant for some time.

GM, America's largest automaker, is racing to catch up to Tesla on EVs and become a leader in the space against other well-established automakers such as VW.

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.

Experts say "we continue to see steady progress" but "there's more work to do," as a record 41 women CEOs are represented on the Fortune 500.

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.

Executives pledged to make diversity a priority, but the past year has highlighted how difficult it is to implement change in corporate America

Expectations are as high as Ford’s stock price, which has nearly doubled since Farley took over as CEO Oct. 1.

Byron Allen has reached out to Ford and Stellantis for their commitment to spend more ad money with Black-owned media, as he continues to eye GM.

Cruise's CEO disclosed the timing Thursday, giving the most specific time frame yet for the vehicle and commercialization of its autonomous vehicle business.

GM CEO Mary Barra has cut costs, slashed 64,000 jobs, exited unprofitable markets and audaciously pledged to become an all-electric auto company by 2035.

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.

This photo provided by General Motors shows EP1 electric pallet. General Motors is forming a new business unit to tap the market for delivery vehicles and equipment powered by electricity. Then GM will roll out a clean electric delivery van. Showing Wall Street’s fascination with electric vehicles, GM shares rose to their highest intraday price since the company left bankruptcy protection in 2010. GM has pledged to roll out 30 new electric vehicles globally and spend $27 billion developing them by 2025.

FILE - In this July 16, 2019 file photo, General Motors Chairman and Chief Executive Officer Mary Barra speaks during the opening of their contract talks with the United Auto Workers in Detroit. General Motors says it will no longer support the Trump administration in legal efforts to end California's right to set its own clean-air standards. Barra said in a letter Monday, Nov. 23, 2020 to environmental groups that GM will pull out of the lawsuit, and it urges other automakers to do so. (AP Photo/Paul Sancya)(Copyright 2019 The Associated Press. All rights reserved)

DETROIT – General Motors is switching sides in the legal fight against California's right to set its own clean-air standards, abandoning the Trump administration as the president's term nears its close. CEO Mary Barra said in a letter Monday to environmental groups that GM will no longer support the Trump administration in its defense against a lawsuit over its efforts against California's standards. Already at least one other large automaker, Toyota, said it may join GM in switching to California's team. About a dozen other states follow California's standards. In September of 2019, Trump announced his administration would seek to revoke California’s congressionally granted authority to set standards that are stricter than those issued by federal regulators.

“More people may die if we don’t coordinate,” Biden told reporters during a news conference Monday in Wilmington, Delaware. The Trump administration is working on its own distribution plan, while Biden’s chief of staff indicated his transition team will proceed with their own planning separately because of the obstruction. Last week, a larger group of Republicans in Congress called on the Trump administration to allow Biden to begin receiving national security briefings. Since defeating Trump, Biden has devoted most of his public remarks to encouraging Americans to wear masks and embrace social distancing measures. But on whether Biden should receive coronavirus briefings, many of Trump's allies on Capitol Hill remained dug in.

“More people may die if we don’t coordinate,” Biden told reporters during a news conference in Wilmington, Delaware. The Trump administration is working on its own distribution plan, while Biden’s chief of staff indicated his transition team will proceed with their own planning separately because of the obstruction. Last week, a larger group of Republicans in Congress called on the Trump administration to allow Biden to begin receiving national security briefings. Since defeating Trump, Biden has devoted most of his public remarks to encouraging Americans to wear masks and embrace social distancing measures. But on whether Biden should receive coronavirus briefings, many of Trump's allies on Capitol Hill remained dug in.

General Motors announced its second major electric vehicle partnership in less than a week on Tuesday, this time a $2 billion deal with startup Nikola. In exchange for the 10-year deal, GM will get a $2 billion worth of Nikola's newly-issued common stock that will come three increments through 2025. GM has been under pressure from Wall Street to more quickly monetize its electric vehicle technology, perhaps spinning off its EV unit as a separate company. GM has its own battery electric truck, a GMC Hummer, due to go on sale a year ahead of the Badger. GM also will get supply contracts for batteries and fuel cells and electric vehicle regulatory credits that can be used by GM to comply with fuel economy and pollution standards, or sold to other companies.

Michigan is a battleground state state for the 2020 presidential election, which makes it a popular place for candidates and their representatives to visit. The presidents daughter and advisor, Ivanka Trump, toured a General Motors facility in Warren Wednesday. GM CEO Mary Barra joined Deputy Commerce Secretary Karen Dunn Kelly and Ivanka Trump at the new GM Technical Learning University, where GM employees keep their skills current. Weve invested in a training facility, Barra said. This is a nice continuation of what weve been doing in this space in the most important resource of this country, which is our people, whether they be students or workers, Trump said.

Ivanka Trump is scheduled to be in Michigan on Wednesday for a tour at a General Motors facility. According to the White House, Ivanka Trump will tour GMs Technical Learning University at the Global Tech Center in Warren with Marry Barra, GM chairman and CEO, on Wednesday, Sept. 2. (She will) learn more about GMs programs to improve the technical ability of their skilled trades workers and manufacturing engineers, reads a statement from the White House. Prioritizing the American worker and their family is the top priority, and Im proud to visit General Motors Technical Learning University, where workers are learning on-the-job while earning a paycheck. Detroit, GM, and the talented GM workforce are ensuring the great American comeback is underway and Im looking forward to seeing firsthand, reads a statement from Ivanka Trump.

Ivanka Trump is scheduled to be in Michigan this week for a tour at a General Motors facility. According to the White House, Ivanka Trump will tour GMs Technical Learning University at the Global Tech Center in Warren with Marry Barra, GM chairman and CEO, on Wednesday, Sept. 2. The group will meet apprentices and employees on campus and interact with a number of manufacturing and educational stations at the Technical Learning University.Ivanka Trump holds an advisor role in her fathers administration. Prioritizing the American worker and their family is the top priority, and Im proud to visit General Motors Technical Learning University, where workers are learning on-the-job while earning a paycheck. Detroit, GM, and the talented GM workforce are ensuring the great American comeback is underway and Im looking forward to seeing firsthand, reads a statement from Ivanka Trump.

The chief financial officer at General Motors, Dhivya Suryadevara, is trading Detroit for Silicon Valley in a surprise departure to join Jack Dorsey's startup, Stripe. She has helped the company strengthen our balance sheet, improve our cost structure, focus on cash generation and drive the right investments for our future. Stripe is maintaining a $2 billion balance sheet, more fortress-like than besieged, as so many major companies have become during the COVID-19 crisis. Adding to Stripes client roster this year alone are the companies Caviar, Coupa, Just Eat, Mattel, NBC, and Paid. I really enjoy leading complex, large-scale businesses and I hope to use my skills to help accelerate Stripes already steep growth trajectory.General Motors named John Stapleton, GM North America chief financial officer, as acting global chief financial officer, effective Saturday.

There are now 26,000 electric vehicle charging stations open to the public in the U.S., with more than 84,000 plugs. Currently electric vehicles make up only about 1.3% of total new vehicle sales in the U.S., according to the Edmunds.com auto site. But the bulk of the nations public charging network is much slower. Electrify America now has over 450 charging stations in the U.S. with more than 2,000 fast-charging outlets, Moran said. Guidehouse analyst Sam Abuelsamid said the number of chargers is increasing rapidly and should be enough to meet demand as more electric vehicles are sold.

Its gotten a whole lot more complicated since Mary Barra took over as CEO of General Motors in 2014. People understood that were working hard to keep the environment safe for them. We feel that weve got a safe environment at work. The conversation Ive had with many different officials is they understand with the protocols that people are safe at work. And so we look at all the work weve done, what we want to do now is build on that.