Trump's China tariff increase will affect Ford and GM vehicles, billions of dollars in auto parts
The move to put 10% additional tariffs on imports from China will affect a small number of U.S. vehicles, but increased costs ...
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 dealer Rick Hendrick pays $3.7M to own Corvette ZR1, the fastest car in US
NASCAR legend and GM dealer Rick Hendrick bought the first ZR1. While it rounds out his massive Corvette collection, that's ...
GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
Ford's BlueCruise Is Outselling GM Super Cruise By A Huge Margin
Like with most GM products, you have to pay up for expensive trims, option packages or both to get Super Cruise. Ford, on the ...
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GM cuts nearly half of Cruise workforce, abandons robotaxi plans
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
Cruise to slash workforce by nearly 50% after GM cuts funding to robotaxi operations
In June 2024, GM injected another $850 million into Cruise, bringing its total spend on the company since acquiring most of ...
GM’s electric vehicles are finally making money — sort of
General Motors is still very much a company that runs on gasoline, but electric vehicles are increasingly becoming an ...
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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 ...
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GM's Electric Vehicles Finally Earned More Than They Cost to Make
This metric, as reported by Reuters, means that revenue for GM's EVs was higher than the fixed costs, which includes money spent on labor for building the vehicles and the material required to ...
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GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...