Barra’s reputations even as the industry negotiates a new fuel-economy deal with the Biden administration.Ī senior G.M. But Washington is abuzz with corporate lobbyists complaining in private about what they saw as a calculated move to burnish G.M.’s and Ms. The reaction from automakers and oil and gas companies has so far been muted.
Now, others are searching for the right response to Ms. Barra withdrew from a lawsuit seeking to prevent California from maintaining its own high fuel standards. Trump lost his re-election bid in November, Ms. had endorsed when they were put in place. Trump became president, she pushed him to relax Obama-era fuel economy standards that G.M. She has also shown a penchant for making big moves that her predecessors might have considered brash or impulsive given the company’s reputation for deliberate - or plodding to some - decision making.
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Barra, who took over in 2014, it has inched its way toward a full embrace of the technology. has had a love-hate relationship with electric cars going back decades, but under Ms. Her announcement, just a day after President Biden signed an executive order on climate change, blindsided rivals who usually seek to present a united message on emissions and other policy issues. Barra, that the company will aim to sell only zero-emission cars and trucks by 2035. Those large forces help explain the decision by G.M.’s chief executive, Mary T.
And China, the world’s biggest car market, recently ordered that most new cars be powered by electricity in just 15 years. Wall Street investors think Tesla is worth more than General Motors, Toyota, Volkswagen and Ford put together. A new president took office this month determined to fight climate change.
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