General Motors Co
Cruise robotaxis blocked a highway in San Francisco immediately after a storm downed trees and wires
Typical Motors‘ self-driving motor vehicle device Cruise acknowledged that some of its automobiles stalled out on city streets in San Francisco next rainstorms that downed trees there on Tuesday night time. A witness to the Cruise robotaxi failures, John-Phillip Bettencourt, shared photos of the stalled cars on Twitter. He instructed CNBC that all-around 1:45 p.m. […]
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The Chevrolet Camaro as you know it will fall out of production next year, GM says
The Chevrolet Camaro ZL1 starts at about $62,000 and is powered by a 650-horsepower V8 engine, a considerable upgrade over the roughly $26,000 base model. Source: General Motors DETROIT – General Motors will end production of the Chevrolet Camaro in its current form early next year, as the automaker transitions to all-electric vehicles. The Detroit automaker did […]
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In San Francisco, some people today ponder when A.I. will eliminate us all
Misalignment Museum curator Audrey Kim discusses a do the job at the show titled “Spambots.” Kif Leswing/CNBC Audrey Kim is pretty guaranteed a potent robotic isn’t really likely to harvest sources from her entire body to satisfy its plans. But she’s having the probability severely. “On the record: I feel it’s hugely not likely that […]
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General Motors’ China business is hurting, and it’s not just because of Covid
A worker checks the quality of a vehicle before rolling off the assembly line at the production workshop of SAIC General Motors Wuling in Qingdao, East China’s Shandong province, Jan. 28, 2023. (Photo credit should read CFOTO | Future Publishing | Getty Images General Motors is losing ground in China, its top sales market for more […]
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Baidu states it can now work robotaxis in Beijing with no human employees inside of
Chinese tech company Baidu introduced Monday it can market some robotaxi rides without the need of any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu declared Friday it can now function robotaxis in a component of the cash metropolis of Beijing with no human personnel or driver within. The shift eliminates […]
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Stocks making the biggest moves midday: General Electric, Silvergate Capital, Peloton, Etsy and more
In this article CS PYPL SI’A SIVB GE Follow your favorite stocksCREATE FREE ACCOUNT jetcityimage | iStock Editorial | Getty Images Check out the companies making the biggest moves midday: General Electric — The stock gained 6.3% after the company provided an update ahead of its investor meeting, including reaffirming its 2023 guidance with high-single-digit […]
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GM offers buyouts to ‘majority’ of U.S. salaried workers
GM CEO Mary Barra talks with media prior to the start of the 2017 General Motors Company Annual Meeting of Stockholders Tuesday, June 6, 2017 at GM Global Headquarters in Detroit, Michigan. Photo by John F. Martin for GM DETROIT – General Motors will offer voluntary buyouts to a “majority” of its U.S. white-collar employees, as […]
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General Motors cuts 500 salaried employees
Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors is cutting hundreds of salaried positions as it follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits. The cuts affect about 500 positions, according to a person familiar with the plans, which were […]
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UAW leadership faces historic upheaval ahead of union negotiations with Detroit automakers
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – As the United Auto Workers prepares for what are expected to be highly contentious negotiations with the Detroit automakers later this year, the union’s leadership is undergoing its largest upheaval […]
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Lordstown halts production, shipments of Endurance electric trucks to address quality issues
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Lordstown Motors said Thursday it will suspend production and deliveries of its all-electric Endurance pickup to address performance and quality issues with certain components. The electric vehicle […]
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