General Motors announced this week it would take another step towards electrification by investing $2.2 billion in its Detroit-Hamtramck assembly, which will be the automaker’s first plant devoted 100% to the production of electric vehicles (EVs). Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! The automaker […]
Tag: General Motors
This Morning in Metals: U.S. to appeal WTO panel decision in Indian steel dispute
This morning in metals news, the U.S. plans to appeal a World Trade Organization (WTO) compliance panel ruling related to its steel dispute with India, China’s crude steel production again hit a record high in 2019 and General Motors announced plans to invest $40 million at its Spring Hill Global Propulsion Systems plant in Tennessee. […]
Automotive MMI: U.S. auto sales decline in 2019, average transaction prices rise
The Automotive Monthly Metals Index (MMI) picked up three points, rising to a January MMI reading of 89. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. auto sales General Motors reported it delivered 2.89 million vehicles in the U.S. market in 2019, up 12.7% compared with […]
Automotive MMI: Honda, Toyota post strong November U.S. sales totals
The Automotive Monthly Metals Index (MMI) held flat this month, posting a reading of 86 for the December MMI. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! U.S. auto sales As noted previously, General Motors, Ford and Fiat Chrysler all report sales on a quarterly basis. As […]
General Motors, Isuzu team up on new Ohio diesel engine plant
General Motors is teaming up with Tokyo-headquartered Isuzu, with plans to invest $175 million toward a new plant in Ohio, the Detroit automaker recently announced. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. The investment will be made through its joint venture with […]
Automotive MMI: GM Strike Ends After 40 Days; PSA, Fiat Chrysler to Merge
The Automotive Monthly Metals Index (MMI) ticked up one point for an MMI reading of 86. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. U.S. Auto Sales As mentioned in previous reports, the top three automakers in the U.S. — General Motors, Ford and […]
This Morning in Metals: UAW Members Ratify New General Motors Contract
Members of the United Auto Workers (UAW) voted Friday to ratify a new labor contract with General Motors, the United States Trade Representative offered a mixed reaction to the latest gathering of the Global Forum on Steel Excess Capacity, and a copper mine in Ecuador plans to make its first shipments in November. Keep up […]
This Morning in Metals: DOC Rules in Anti-Dumping, CVD Investigation of Stainless Steel Kegs
This morning in metals news, the U.S. Department of Commerce announced rulings in investigations of stainless steel kegs from China and Germany, copper prices rose on labor tensions in Chile, and the UAW’s strike continues as it mulls ratification of a tentative deal with General Motors reached last week. Keep up to date on everything […]
General Motors, UAW Reach Tentative Agreement to End Strike
General Motors and the United Automobile Workers (UAW) union have reached a tentative agreement that would end the strike that has run for over four weeks. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. “We just reached a Tentative Agreement with GM a […]
General Motors’ Strike Rumbles on as the Damage Spreads
The United Auto Workers (UAW) strike at a number of General Motors factories started Sept. 16 is now into its fourth week, with losses mounting for both GM, the workers and GM’s wider supply chain. Keep up to date on everything going on in the world of trade and tariffs via MetalMiner’s Trade Resource Center. […]