However, Gert Blignaut, CEO of Beefmaster Group, said this increased supply and lower demand due to constrained consumer spending put additional pressure on prices throughout the year.

The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed ...

General Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the ...

"I think we’ll do it February 1st." On the morning of January 28, Detroit Big Three automaker General Motors (GM) reported Q4 ...

The automaker estimates its struggling China business will cost $5 billion, but it isn't giving up on the country yet.

Restructuring charges led to a fourth-quarter net loss. The result marred what was a relatively strong year for GM.

GM announced a record-setting profit-sharing bonus for workers. GM's CEO says there’s some uncertainty over the trade, tax, ...

GM says it’s prepared for tariffs and discontinued EV incentives, but what about the nation’s EV charging network?

General Motors on Tuesday posted fourth-quarter 2024 results and a 2025 earnings forecast ahead of Wall Street expectations, ...

General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...

GM CEO Mary Barra said the company will follow consumer demand when it comes to EV vs. internal combustion engine production.

GM faces China setback but beats expectations, offers generous profit-sharing to workers, and navigates U.S. regulations.