General Motors Will Help Build Ventilators to Battle Covid-19

Al Root Coronavirus GM General Motors Motor Vehicles Passenger Cars Medical Equipment/Supplies Health Care/Life Sciences Automotive Donald Trump Mary Barra Chris Kiple North America United States Output/Production Corporate/Industrial News Products/Services Political/General News Respiratory Tract Diseases Health Medical Conditions Outbreaks/Epidemics Novel Coronaviruses Infectious Diseases GM I/AUT I/XFFX M/AUTO N/CNW N/DJN N/GEN N/HLT N/NWS N/WER R/NME R/US Barrons.com Barrons Blogs Wires Fortune 500 DJIA SPX CODES_REVIEWED Companies Coronavirus Health Industrials News US author Al Root author|Al Root topicid 8578 name Al Root extractedtext Al Root rank 1 codetype author code al_root nameformat surname_first author Al Root id Al Root barrons_display_subject BARCORONA barrons_display_subject|BARCORONA codetype BARRONS_DISPLAY_SUBJECT canbedisplaysubject true value BARCORONA source MANUAL status modified name Coronavirus code BARCORONA co gnmoc co|gnmoc country US symbol GM displayname 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fcode N/CNW codetype djn code n_cnw djn N/GEN djn|N/GEN name N/GEN why lineage source FACTIVA fcode N/GEN codetype djn code n_gen djn N/HLT djn|N/HLT name N/HLT why lineage source FACTIVA fcode N/HLT codetype djn code n_hlt djn R/US djn|R/US significance prominent name R/US why about source FACTIVA fcode R/US codetype djn code r_us onlinesignificance prominent djn R/NME djn|R/NME name R/NME why lineage source FACTIVA fcode R/NME codetype djn code r_nme djn I/XFFX djn|I/XFFX significance prominent name I/XFFX why about source FACTIVA fcode I/XFFX codetype djn code i_xffx onlinesignificance prominent djn N/DJN djn|N/DJN codetype djn value N/DJN source DJN-CONTROL status modified inactivebydefault true name N/DJN code n_djn djn N/WER djn|N/WER codetype djn value N/WER source DJN-CONTROL status modified inactivebydefault true name N/WER code n_wer first_publish_headline General Motors Will Help Build Ventilators to Battle Covid-19 first_publish_headline|General Motors Will Help Build 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true name Industrials title Industrials status modified code BARINDUSTRIALS subject BARHEALTH subject|BARHEALTH ruleid BARHEALTH codetype SUBJECT value BARHEALTH canbedisplaysubject true name Health title Health status modified code BARHEALTH subject BARUS subject|BARUS ruleid BARUS codetype SUBJECT value BARUS canbedisplaysubject true name US title US status modified code BARUS subject BARNEWS subject|BARNEWS ruleid BARNEWS codetype SUBJECT value BARNEWS selectable true canbedisplaysubject true name News title News status modified code BARNEWS wordcount 357 wordcount|357 id facebook id|facebook news_tab_url https://www.barrons.com/articles/general-motors-will-help-build-ventilators-to-battle-covid-19-51584797861 Photograph by Bill Pugliano/Getty Images General Motors Will Help Build Ventilators to Battle Covid-19 General Motors Will Help Build Ventilators to Battle Covid-19 General Motors Will Help Build Ventilators to Battle Covid-19

Leveraging ts logistics, purchasing and manufacturing expertise, General Motors will help health-care equipment maker Ventec increase output of ventilators.

General Motors Will Help Build Ventilators to Battle Covid-19

The auto maker is leveraging its logistics, purchasing and manufacturing expertise to assist health care equipment maker Ventec to increase output.

https://www.venteclife.com/news/joint-statement-on-crosssector-collaboration-to-increase-ventilator-production https://www.barrons.com/articles/the-who-sees-7-000-total-u-s-coronavirus-cases-johns-hopkins-says-double-that-51584714094 https://www.wsj.com/articles/trump-says-he-will-use-defense-act-powers-to-boost-coronavirus-medical-supplies-11584722448 https://www.wsj.com/articles/ventilator-makers-ramp-up-production-amid-coronavirus-crunch-11584626858?mod=article_inline https://www.venteclife.com/ https://www.stopthespread.org/ mailto:allen.root@dowjones.com General Motors Will Help Build Ventilators to Battle Covid-19 By Al Root Photograph by Bill Pugliano/Getty Images

Iconic American auto maker General Motors is joining forces to build ventilators in America’s battle with the Covid-19 pandemic.

The company said Friday evening that it was leveraging its logistics, purchasing, and manufacturing expertise to assist health-care equipment maker Ventec to increase output.

“With GM’s help, Ventec will increase ventilator production,” said Ventec Life Systems CEO Chris Kiple in a joint news release. “By tapping their expertise, GM [ticker: GM] is enabling us to get more ventilators to more hospitals much faster. This partnership will help save lives”

Earlier in the week, President Donald Trump said he had invoked the Defense Protection Act to help spur production of needed medical equipment in the battle against the virus. General Motors said on Thursday that it was exploring partnerships.

“We are working closely with Ventec to rapidly scale up production of their critically important respiratory products to support our country’s fight against the COVID-19 pandemic,” said GM CEO Mary Barra in the same news release. “We will continue to explore ways to help in this time of crisis.”

Ventec’s leading product is a device that integrates a ventilator, oxygen concentrator, cough assist, suction, and nebulizer into one system.

GM and Ventec are also working with Stopthespread.org, a coordinated private sector response to the Covid-19 outbreak.

In addition to manufacturing partnerships, the organization is suggesting ways to mitigate the economic impact, like accelerated payments to small businesses.

General Motors shares are down about 50% year to date, worse than the comparable drops of the Dow Jones Industrial Average and S&P 500 over the same span.

Write to Al Root at allen.root@dowjones.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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