GM takes full control of Cruise in autonomous personal vehicle shift
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
Tariffs loom, but US automakers began making cars in Canada, Mexico in early 1900s
In 1965, the Canada–United States Automotive Products Agreement was enacted, a precursor to NAFTA that removed tariffs ...
Honda Is Why General Motors Is Slowing Down EV Production In Mexico
That plant is a very important plant for GM’s EV models. Currently, it makes the Blazer EV, Equinox EV, the forthcoming ...
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Cruise Slashes Workforce by Almost 50% Amid Shift in GM's Autonomous Vehicle Strategy
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
34 imported vehicles that could see price hikes under Trump's tariff plan
Canada are set to take effect on Tuesday, particularly impacting the automotive industry, which relies heavily on trade.
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Cruise Robotaxis Are Dead, But Their Tech Will Live On in GM Cars You Can Buy
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
General Motors Cannot Pass All Tariffs Costs Onto Customers
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
Trump's tariffs could see average new car prices rise by as much as $2,700, Jefferies analysts say
President Donald Trump announced 25% tariffs on all goods imported from Canada and Mexico and a 10% levy on China on Saturday ...
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GM's Electric Vehicles are Now Profitable
General Motors says its electric vehicle manufacturing is now profitable. For any company in any sector, the basic principle in business is to ensure that what you sell or offer as a service ...
General Motors' Outstanding Q4 in 3 Essential Graphs
GM's Q4 incentives as a percentage of Average Transaction Price (ATP) was three percentage points below the industry average, ...
General Motors’ robotaxi unit lays off half of its staff, including CEO and CTO
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...