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GM to sell its stake in Michigan battery plant
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.
GM to sell its stake in Michigan battery plant to LG Energy Solution
General Motors said Monday it will sell its stake in its joint venture battery plant in Lansing, Michigan, to partner LG Energy Solution as the Detroit automaker trims its electric vehicle plans. GM expects to recoup its investment in the facility,
GM sells stake in Ultium Lansing battery plant to partner LG Energy Solution
GM made the announcement amid a push by executives to be more capital-efficient and make its electric vehicles profitable.
1d
on MSN
‘Extortion’ tactic: GM panned for floating five-tower RenCen demo if tax breaks rejected
The automaker confirms its backup plan after bipartisan pushback against allocating public money for a RenCen revamp.
3d
Employee hospitalized following explosion at GM's Detroit-Hamtramck Assembly Center
(CBS DETROIT) — An employee at a General Motors factory was hospitalized Thursday after a cylinder exploded in the plant. The incident happened at the Factory ZERO Detroit-Hamtramck Assembly Center.
USA Today on MSN
4d
GM CFO reveals banned word inside company, saying it's a new GM
The
Detroit
Three all build vehicles in Mexico for sale in the States. Jacobson said
GM
will not change its business ...
6d
on MSN
GM doubles leased space in Detroit Hudson's building to 4 floors
When GM corporate staff and executives move world headquarters to the Hudson building late next year, it now needs double the ...
3d
Employee hospitalized after explosion at GM assembly center in Hamtramck
An employee suffered minor injuries after a cylinder exploded at a General Motors assembly plant, CBS Detroit reported. CBS ...
Opinion
8d
Opinion
Howes: Why it's good GM, Gilbert plan for RenCen turns away from old Detroit
In old Detroit, they'd be proposing to raze the iconic complex after decades of deterioration, or hanging on in hopes ...
FOX 2 Detroit on MSN
1d
Wrong-way driver dies after fatal crash • Declining deer hunting numbers • GM Proving Grounds explosion
The at-fault driver in a fatal wrong-way crash has died, Michigan continues to see a decline in deer hunting numbers, what we ...
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