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GM Korea Dodges Shareholder Request To See Tax Report

GM Korea was accused of evading taxes in Korea in 2018.
By |October 16th, 2020|Article Type, Asia, Bailout, Business, Financial, Kaher Kazem, Korea, Market, News, People, Tax|Comments Off on GM Korea Dodges Shareholder Request To See Tax Report|

General Motors Agrees To Repay Ohio $28M In State Tax Incentives

GM must also invest $12 million in community development in Ohio.
By |September 29th, 2020|Article Type, Business, Competition, Costs, Debt, Decisions, Financial, GM Facilities, Incentives, Investment, Lordstown - Ohio - USA, Lordstown Motors, Manufacturing Facilities, News, Repayment, Tax|Comments Off on General Motors Agrees To Repay Ohio $28M In State Tax Incentives|

Ohio Working With General Motors To Secure Additional Investment

GM owes Ohio $60.3 million over a tax credit dispute.
By |September 5th, 2020|Accounting, Article Type, Business, Costs, Financial, GM employment, GM Facilities, Incentives, Legal, Lordstown - Ohio - USA, Manufacturing Facilities, News, Repayment, Tax|Comments Off on Ohio Working With General Motors To Secure Additional Investment|

Decision Over General Motors Ohio Tax Break Quarrel Delayed

State officials say GM violated the terms of its agreement when it shut down Lordstown Assembly.
By |August 31st, 2020|Accounting, Article Type, Business, Competition, Controversy, Costs, Financial, GM Facilities, Headquarters, Incentives, Legal, Lordstown - Ohio - USA, Lordstown Motors, Manufacturing Facilities, News, Tax|Comments Off on Decision Over General Motors Ohio Tax Break Quarrel Delayed|

Buick Envision May Be Spared As China Trade Deal Nears

No tariff? No problem.
By |June 27th, 2019|Article Type, Asia, Buick, Business, China, Donald Trump, Economy, Envision, Financial, Globalization, GMA Special, Government, Market, News, North America, People, Speculation, Tax, USA|Comments Off on Buick Envision May Be Spared As China Trade Deal Nears|

70% Of EV Tax Credits Go To Those Who Would Have Bought An EV Anyway

Most EV buyers are replacing compact or mid-size sedans as well.
By |June 6th, 2019|Article Type, Bolt EUV, Bolt EV, Chevrolet, Electric, Financial, News, Politics, Powertrain, Pricing, Tax|Comments Off on 70% Of EV Tax Credits Go To Those Who Would Have Bought An EV Anyway|

70% Of EV Tax Credits Go To Those Who Would Have Bought An EV Anyway

Most EV buyers are replacing compact or mid-size sedans as well.
By |June 6th, 2019|Article Type, Bolt EUV, Bolt EV, Chevrolet, Electric, Financial, News, Politics, Powertrain, Pricing, Tax|Comments Off on 70% Of EV Tax Credits Go To Those Who Would Have Bought An EV Anyway|

GM China Trade Needs More “Certainty”

GM President Mark Reuss says tariff threats make business difficult.

Missouri Tempts GM With $50M Tax Incentive To Expand Wentzville Plant

The Missouri House voted 92-51 in favor of the tax incentive package.
By |May 10th, 2019|Article Type, Business, Decisions, GM Facilities, Investment, Manufacturing Facilities, News, Tax, Tax Incentive, Wentzville - Missouri - USA|Comments Off on Missouri Tempts GM With $50M Tax Incentive To Expand Wentzville Plant|

Why GM Hasn’t Paid Federal Income Taxes In Years, And Won’t In The Near Future

GM hasn't paid federal income taxes in over 10 years.
By |February 28th, 2019|Accounting, Article Type, Business, Financial, Market, News, North America, Report, Tax, USA|Comments Off on Why GM Hasn’t Paid Federal Income Taxes In Years, And Won’t In The Near Future|