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An ongoing strike of workers at General Motors could cost the automaker about $1.5 billion, brokerage Credit Suisse stated on Friday, moving the U.S. automaker’s cost reduction plans off the
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The United Auto Workers (UAW) union’s leading negotiator in discussions with General Motors to resolve a three-week long strike. “We have made it clear that there is no job security
General Motors stated Monday it is temporarily laying off another 415 employees in Mexico as a strike by 48,000 U.S. hourly workers enters its fourth week. GM stated it had
Workers at GM’s Ramos Arizpe plant in Mexico have been busy on the assembly lines despite the car giant’s decision to stop production of the Chevy Cruz. Why? The factory will take
General Motors Chief Executive Mary Barra on Wednesday defended the automaker’s plan to sell an assembly plant located in Ohio, arguing the plan to sell the plant to an electric
General Motors stated on Monday that majority of its global models will be capable of over-the-air software upgrades by 2023, as GM presents new vehicle electrical systems aimed to securely
General Motors’s truck brand GMC stated on Friday its 2020 Sierra large pickup trucks are going to have an adaptive cruise control system, in a push to catch up with
Lenders and hundreds of investors agreed to pay $231 million to put an end to their decade-long legal battle over a clerical error in a $1.5 billion loan to General
The Trump administration stated Monday it is going to drop rules initially proposed in 2012 that would have needed automakers to install brake-throttle override systems to avoid runaway vehicles. The
General Motors’s majority-owned Cruise self-driving division stated on Tuesday fund manager T. Rowe Price and a group of current investors put down $1.15 billion in new equity, evaluating the unit
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