General Motors – Page 2 – California Globe

GM Agrees To $5.75 Million Settlement With California

February 15, 2021 2:44 pmFebruary 15, 2021 2:46 pm

During the weekend, General Motors announced that it had agreed to a $5.75 million settlement with the state of California over false statements that GM had told their investors about defective ignition switches. According to government officials, GM had found...

GM Backs California’s Automotive Emission Standards

November 24, 2020 7:26 am

On Monday, General Motors CEO Mary Barra announced that GM would no longer litigate against California’s car emission standards and instead join the state and the Biden Administration in embracing the tougher standards. Since September of last year, GM, along...

Gov. Newsom’s Climate Change Executive Order Looting Road Funds Short on Details, Long on ‘Social Investing’

December 5, 2019 2:15 amDecember 6, 2019 6:42 am

‘There’s a growing understanding that climate change is a material risk to investors and companies just like cyber-terrorism or inflation.’ Recently California Gov. Gavin Newsom signed an Executive Order authorizing the looting of voter-approved gas tax funding for road repairs...