GM News & Events

V2X (VVX) announced the extension of its partnership with General Motors (GM). Under this multi-year contract, valued at over $100M and now extended through 2030, V2X will continue to design, deliver, and evaluate comprehensive technical training for all GM Service Technicians. The partnership includes operation of the flagship GM Technical Training Center in Troy, MI.

China's commerce ministry warned of another global semiconductor supply chain crisis due to conflicts between Nexperia and its Chinese subsidiary, Eduardo Baptista of Reuters reports. Last October, production in the global auto industry was disrupted after Beijing imposed export controls on Chinese-made Nexperia chips. While the chip shortage eased after negotiations, the conflict between Nexperia's headquarters and its China-based unit has only intensified. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Lucid Group (LCID), Mercedes-Benz (MBGYY), Nissan (NSANY), Rivian (RIVN), Stellantis (STLA), Tesla (TSLA), Toyota (TM), BMW (BMWYY), Audi (AUDVF), and Renault (RNSDF).