General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate comes ...
DETROIT — General Motors plans to invest more than $1 billion in two Michigan plants for the production of next-generation heavy-duty trucks, the company said Monday. The investment includes $788 ...
General Motors is reversing a previous forecast that it would build out the capacity to produce 1 million electric vehicles by the close of 2025. At an event on Monday, GM CEO Mary Barra said the ...
General Motors said on Wednesday its new labor contracts in North America will increase costs by $9.3 billion, or an average of $575 per vehicle. Although that’s higher than initially expected, ...