General Motors is offering buyouts to some of its Brazilian employees, a local union said on Wednesday, as the nation’s No. 1 automaker has been impacted by the coronavirus crisis.
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American investment bank Goldman Sachs is looking to purchase General Motors’ credit card unit as it looks to double down on its banking arm, the Wall Street Journal reported on
Tesla Inc on Tuesday declared a five-for-one stock split, sending the electric automaker’s already high-flying shares increase by 7% in extended trade. Tesla’s stock, which traded at $1,475 following the
One of the American auto industry’s youngest and highest-ranking executives, General Motors’ chief financial officer (CFO) Dhivya Suryadevara, found a new opportunity on Tuesday for Silicon Valley and the technology
Fiat Chrysler Automobiles (FCA) on Monday asked a U.S. federal judge to reject a request lodged by General Motors to reinstate a racketeering lawsuit against FCA, comparing a recent filing
General Motors on Thursday revealed the first in a series of Cadillac electric vehicles, part of a bid to revamp the flagging luxury brand and make inroads in a market so far dominated
Ford Motor incoming CEO Jim Farley said on Tuesday he wants to expand the automaker’s operations into relevant technology fields, including software, fleet management, and electric vehicle charging. “These are
General Motors on Monday asked a U.S. federal judge to reinstate a racketeering lawsuit against Fiat Chrysler Automobiles (FCA), saying it has new details on foreign accounts used in an
Ford Motor said on Friday it had won approval to defer some quarterly payments due on its U.S. Energy Department retooling loan but also said that it will repay the
Ford Motor on Thursday said it expects a full-year loss but also said that it should have enough cash on hand throughout the rest of this year, even if global
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