Mary Barra

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Meet the Most Powerful Women in the World

European Commission chief Ursula von der Leyen tops Forbes list

(Newser) - "It is time for women." Those were the words delivered by Claudia Sheinbaum as she was sworn in two months ago as Mexico's first female president. It's also the underlying message behind this year's "most powerful women" list in Forbes , which honors "100...

GM: No More Chevy Bolt
GM: No More Chevy Bolt
Apr 26, 2023 11:55 AM CDT

GM: No More Chevy Bolt

Automaker is yanking its signature EV at the end of this year, despite high demand

(Newser) - If you want a cheap electric vehicle, your time is waning quickly to get in on the $24,000 Chevy Bolt (which comes with a federal tax credit of $7,500). It's not often that manufacturers pull the plug on a product that's "clocking record highs,"...

GM Now Agrees With Biden's Plan, Not Trump's

Says it is pulling out of lawsuit involving California and clean-air standards

(Newser) - 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. CEO Mary Barra said in a letter Monday to environmental groups that GM will pull out of the lawsuit, and it urges other automakers to...

Here Are the 10 Most Powerful Women in Business

Accenture CEO Julie Sweet tops 'Fortune' list

(Newser) - For nearly a quarter of a century, Fortune has published a list of the most powerful women in the business world, but this year the magazine notes it hasn't been "business as usual." Obviously, that's because of the pandemic and the effects it's had upon...

GM CEO: 20-Hour Days Sped Up Ventilator Process

First batch will be delivered by end of April

(Newser) - Late last month, President Trump invoked the Defense Production Act to mandate that General Motors start cranking out ventilators in bulk to help in the fight against the coronavirus. Now GM and Ventec Life Systems, the medical tech firm it's working with, say they'll deliver their first batch...

Female CEOs Are Paid Well, but There's a Catch

They run just 19 of 340 companies analyzed for AP

(Newser) - The few women who are CEOs of the largest US companies typically make more money than their male counterparts but aren't close to the top of the leaderboard for pay packages. The median pay package for female CEOs in the 2018 fiscal year was $12.7 million, compared with...

Trump Issues a Threat to GM
Trump Issues a Threat to GM
Nov 27, 2018 2:17 PM CST

Trump Issues a Threat to GM

Warns subsidies will be reviewed

(Newser) - President Trump took to Twitter on Tuesday to express his displeasure with GM's planned 14,000 layoffs and five plant shutterings; National Economic Council director Larry Kudlow did the same thing from the White House. In afternoon tweets, Trump issued a sort of threat, writing , "Very disappointed with...

Trump Has Harsh Words for GM Over Layoffs

He says US has done a lot for the company

(Newser) - President Trump says his administration and lawmakers are exerting "a lot of pressure" on General Motors in response to its decision to cut up to 14,000 workers in North America and possibly shutter up to five plants. Trump says he's being very tough on GM chief executive...

GM Is Halting Production at 5 Plants
GM Closing Plants,
Cutting Jobs
Nov 26, 2018 10:25 AM CST

GM Closing Plants, Cutting Jobs

Automaker plans big cuts 'ahead of changing market conditions'

(Newser) - It's a bleak day for workers at General Motors: The automaker said Monday it's cutting about 15% of its salaried workers in the US and Canada and closing five plants. The Wall Street Journal reports that the moves could translate into the loss of about 8,000 jobs....

GM Set to Announce $1B Factory Investment: Source

AP source says jobs announcement coming Tuesday

(Newser) - General Motors will announce a $1 billion investment in its factories that will create or keep around 1,000 jobs, a person briefed on the matter tells the AP . The Detroit automaker will make the announcement Tuesday morning. The investment is part of the normal process of equipping factories to...

'Deeply Troubling' GM Probe Finds No Cover-Up, 15 Fired

But no senior executives are among those let go

(Newser) - General Motors is firing 15 people in connection with its deadly ignition switch scandal, but none of the heads rolling are those of senior executives. CEO Mary Barra today unveiled the results of the company's internal probe, and said that it found no evidence of an intentional cover-up of...

How GM Screwed Up Its Ignition Investigation

Engineer struggled with internal roadblocks, changing management

(Newser) - How did GM mess up so badly in addressing its deadly ignition switch glitch? In part it's due to a snafu over a part number and coworker obstruction, documents released by the House committee investigating the recall reveal. The documents sketch the two-year plight of low-level engineer Brian Stouffer...

GM’s Barra: I Don't Know Why It Took Us So Long

But new CEO promises company will find out why recall was delayed

(Newser) - GM's new CEO went to Capitol Hill today to explain why it took her company a decade to respond to a deadly ignition switch problem , but Mary Barra didn't have much light to shed. “I cannot tell you why it took years for a safety defect to...

GM's New Female CEO Receives Major Pay Package

Mary Barra will take home $14.4M this year

(Newser) - General Motors says new CEO Mary Barra will get a pay package worth $14.4 million this year—a 60% increase over the pay of Dan Akerson, who she replaced last month, CNN Money reports. Barra is the first woman CEO of a major global automaker. She'll get $1....

GM's First Female CEO 'Has Gasoline in Her Veins'

Mary Barra is ultimate auto industry insider, with blue-collar roots

(Newser) - Mary Barra's appointment as the first woman at the top of a major auto firm is a sign of changing corporate culture, but the new GM chief is a longtime insider with, as they say in Detroit, "gasoline running through her veins," the New York Times finds....

GM Names First Female CEO
 GM Names First Female CEO 
Dec 10, 2013 8:49 AM CST

GM Names First Female CEO

Mary Barra has been at company since she was a co-op student in 1980

(Newser) - In something of a surprise move, General Motors CEO Dan Akerson will announce his resignation today, and name Mary Barra as his successor, making her the first woman to pilot the auto giant, according to multiple reports. Barra started at GM as an engineering co-op student way back in 1980,...

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