General Motors Co
Tesla hiring Nordic plan skilled as 'WWE-like standoff' with unions intensifies
C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk usually takes the phase during the New York Occasions yearly DealBook summit on November 29, 2023 in New York Metropolis. Michael M. Santiago | Getty Images Tesla is employing a Nordic community plan specialist as the U.S. electrical car or truck giant’s […]
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Tesla drivers experienced best accident level, BMW motorists most DUIs examine finds
Tesla Design Y, geared up with FSD procedure. A few entrance experiencing cameras less than windshield close to rear see mirror. Mark Leong | The Washington Post | Getty Photographs Tesla motorists in the U.S. have been concerned in incidents at a greater amount than drivers of any other brand name of motor vehicle about […]
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GM has cut its Buick dealership network in half through buyouts
DETROIT – General Motors has cut the size of its Buick dealership network roughly in half in the U.S. through an ongoing voluntary buyout program, an executive told CNBC. The 1,000-store reduction aims to increase the amount of sales per location, or throughput, and profits at the remaining dealers, according to Duncan Aldred, global head […]
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Cruise is in danger of becoming GM's latest trendy venture that doesn't pay off
DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing in such growth areas in 2016. Cruise, its majority-owned autonomous vehicle subsidiary, is increasingly looking like it might be next. The unit has quickly gone […]
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GM to lay off 1,300 Michigan workers as vehicles end production
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT — General Motors plans to lay off about 1,300 workers in Michigan starting early next year due to vehicles they produce […]
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GM's Cruise laying off 900 employees, or 24% of its workforce: Read the memo here
General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce, the company confirmed to CNBC. The layoffs, which primarily affected commercial operations and related corporate functions, are the latest turmoil for the robotaxi startup and come one day after Cruise dismissed nine “key leaders” for the […]
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Cadillac reveals three-row Vistiq to round out electric SUV lineup
2026 Cadillac Vistiq EV Cadillac DETROIT – Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle called the Vistiq, a replacement for its current gas-powered XT6. The General Motors luxury brand on Thursday released images of the Vistiq, which is expected to be its fifth EV, and slot between […]
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Leading EVs are dropping tax credits following yr as U.S. boots China from offer chain–these shares are uncovered
Electric powered auto desire could acquire a hit following 12 months with a number of types anticipated to lose essential tax credits as the U.S. moves to reduce China out of its battery provide chain, in accordance to leading analysts. The Treasury and Energy Departments earlier this thirty day period laid out options to end […]
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GM's Cruise autonomous car or truck unit dismisses nine ɼritical leaders' amid safety investigation
This Cruise in San Francisco seemingly could not figure out how to pull apart on a slim road to enable a buss pass. Matt Rosoff, CNBC Normal Motors’ Cruise autonomous automobile device has dismissed nine “critical leaders” amid ongoing protection investigations sparked by an October accident in San Francisco, according to an internal information received […]
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UAW files unfair labor practice charges against Hyundai, Honda and VW, accusing them of union busting
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers has filed unfair labor practice charges with the National Labor Relations Board against Honda Motor, Hyundai Motor and Volkswagen, accusing the automakers of unlawfully interfering […]
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