GM’s Barra reboots her 10-year effort to lift stagnant shares
By Joseph White DETROIT (Reuters) – General Motors CEO Mary Barra has made many bold moves during a decade on the job to lift the … Read more
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GM’s long-time product development chief set to retire
(Reuters) – General Motors said on Wednesday Doug Parks, who leads the automaker’s global product development team, would retire after nearly four decades with the … Read more
Investors pull away from GM’s Cruise bet
By Joseph White and David Shepardson DETROIT (Reuters) – General Motors’ bet that its Cruise robo-taxi unit will deliver $50 billion in revenue by 2030 … Read more
Board of GM’s Cruise reviewing regulatory response, technology
By Joseph White DETROIT (Reuters) -The board of Cruise, the robo-taxi company controlled by General Motors, has hired an outside law firm and technology consultants … Read more
GM’s Cruise pauses driverless operations across all fleets
(Reuters) – General Motor’s Cruise has decided to pause driverless operations across its fleets, the company said on Thursday. “This isn’t related to any new … Read more
GM’s Cruise says it’s reached the robotaxi industry’s first union agreements
By Anna Tong (Reuters) – Cruise, General Motors’ robotaxi unit, said on Thursday it had signed the driverless car industry’s first labor union agreements, a … Read more
GM’s EV truck customers must wait for Tesla-compatible charge ports
By Paul Lienert (Reuters) – General Motors does not expect to put Tesla-compatible charging ports on its new Chevrolet Silverado EV pickups before model year … Read more
GM’s Cruise plans to enter ‘a large number of markets’ in 2023
By Joseph White DETROIT (Reuters) – Cruise, General Motors Co’s robotaxi unit, plans to enter a “large number of markets” and scale operations up to … Read more
GM’s Profits Take $1 Billion Nosedive Amid Biden-Backed Electric Vehicle Push
GM’s Profits Take $1 Billion Nosedive Amid Biden-Backed Electric Vehicle Push Jack McEvoy on July 26, 2022 General Motors’ (GM) second-quarter net earnings plummeted 40% … Read more
GM’s Cruise robotaxi unit drives deeper into the red
By Joseph White DETROIT – General Motors Co has lost nearly $5 billion since 2018 trying to build a robotaxi business in San Francisco, and … Read more
GM’s South Korea unit resumes production at two factories
SEOUL – General Motors Co’s South Korea unit has resumed production at its two factories in the country this week following a production halt that … Read more
GM’s South Korea unit suspends production at two factories over procurement issues
SEOUL – General Motors Co’s South Korea unit has suspended production at its two factories in the country following a local supplier’s refusal to supply … Read more
GM’s Cruise starts charging fares for driverless rides in San Francisco
(Reuters) – General Motors Co’s Cruise has started charging fares for driverless rides in San Francisco, the company said on Thursday, a step towards commercialization … Read more
Toyota Smashes GM’s 90-Year Streak As Top US Car Seller
Japanese automaker Toyota overtook General Motors in 2021 as the top car seller in the U.S., breaking the American manufacturer’s 90-year streak, Reuters reported. Toyota … Read more