When the models launch in the next few years, they will have 2024 model year designations and be sold in the US and in Canada.
The US Government called the move its largest single deregulatory action and said it would save automakers upwards of $100 billion in compliance costs.
Medtronic's ventilator technology has been around for over a decade, and is portable and lightweight, hence making it ideal for use in various situations.
The American multinational automaker also said that it plans to begin production of ventilators at a plant in Ypsilanti, Michigan, deploying 500 United Auto Workers employees.
"They really seem to be working very, very hard. I think I’m getting very good reports about General Motors," said Trump.
The US President issued orders for General Motors to produce ventilators for coronavirus patients under the Defense Production Act as the number of COVID-19 cases continues to rise in the country.
On March 22, Trump had tweeted giving nod to General Motors and Tesla to manufacture ventilators during the time of crisis due to the outbreak of COVID-19.
About 6,500 employees in the U.S who cannot work from home will go on paid leave, and the company is calling it a “salaried downtime paid absence.”
On Wednesday, the World Health Organization said it was in talks with China and others to help ramp up supplies of health equipment, while GM and Ford said they were in talks with White House officials.
It was not clear whether the automakers would seek to substitute this shutdown for the one they typically take annually during the summer.
This debate comes at a time when there are delays in the rollout of self-driving vehicles and concerns over their lack of regulation.
The sporty-looking hatchback is GM's third electric car in China, the world's largest EV-maker, following the Buick Velite 6 EV and Baojun E-series.
General Motors' agreement with Great Wall was only for the sales of the plants and didn't include the transfer of employees.
The acquisition of GM's Thai Rayong plant will help the business development of Great Wall Motor in Thailand and the ASEAN market.
General Motors is retreating from unprofitable markets worldwide and will rely more on the United States, China, Latin America and South Korea in the future.
GM's new all-electric Hummer will have 1,000 horsepower and be capable of accelerating from 0 to 60 miles per hours in three seconds.
General Motors had shut down its Hummer brand, which consisted of military-inspired rugged civilian utility vehicles with low gas mileage, in 2010.
For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co.
The US NHTSA is reviewing petitions to allow a limited number of low-speed, highly automated delivery vehicles without human occupants on American roads.
GM expects to begin production of the large Cadillac electric SUV in late 2023 at its Detroit-Hamtramck plant as part of a planned $3 billion overhaul of the factory.
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