U.S. business media is reporting today that General Motors is taking a massive writedown related to its partnership with a Chinese state-owned automotive company. The Wall Street Journal reports: General Motors said it expects to incur more than $5 billion in...
READ MORE#WeToldYouSo Times Three: GM’s Shortcomings on EVs, China Force Reassessment
by NLPC Staff | Oct 9, 2024 | Corporate Integrity Project, Featured News
In 2022, NLPC — an investor in General Motors — sponsored a shareholder proposal seeking a report on the use of child labor in its supply chain. Last year we...
NLPC to General Motors: Electric Vehicles are Unpopular and Unprofitable
by NLPC Staff | Jun 4, 2024 | Corporate Integrity Project, Featured News
National Legal and Policy Center presented a “Revisit Emissions Reduction Pay Incentives” proposal at the General Motors Company’s 2024 annual meeting of shareholders...
Auto Executives Lose Faith in Electric Vehicles
by Luke Perlot | Jan 12, 2024 | Corporate Integrity Project, Featured News, Wind
Auto executives continue to back off their electric vehicle ambitions as demand lags expectations. According to a survey conducted by KPMG: Two years ago, executives said...
United Auto Workers: America’s New Socialist Vanguard?
by Carl Horowitz | Jan 11, 2024 | Corporate Integrity Project, Featured News
These are heady times for the United Auto Workers. The Detroit-based union in September took a huge risk by launching targeted strikes against production facilities of Ford,...