General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
A quick glance at the headlines doesn’t seem to offer much solace for investors of automotive giant General Motors (GM). The ...
About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.
We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...
13hon MSN
It's looking like 2025 may be a turbulent year for vehicle manufacturers. Here's a review of some of the big changes expected at GM.
In 1965, the Canada–United States Automotive Products Agreement was enacted, a precursor to NAFTA that removed tariffs ...
Size, thirst and low quality have dogged US attempts to sell cars to Europe, which is perceived as the world’s most ...
GENERAL Motors (GM) is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
General Motors is scrambling to rectify the engine failures for its 6.2-liter V8 truck engine – one of which bit the dust ...
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
China’s new tariffs hit U.S. energy, tech, and auto stocks. Export curbs on key minerals could disrupt chipmakers like Nvidia ...
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