While "right-sizing" usually means laying off people six levels below the executives who decide they are dispensable, in this case it means knocking down two of the RenCen's four 39-story towers, ...
Farley also defended Ford’s U.S. manufacturing footprint, pointing out that about 80% of Ford vehicles sold in the U.S. are ...
Cruise is laying off about 50% of its workforce, affecting nearly 1,000 employees, as GM shifts focus to other automotive ...
Like with most GM products, you have to pay up for expensive trims, option packages or both to get Super Cruise. Ford, on the ...
We recently published a list of Jim Cramer Discusses These 10 Stocks & President Trump’s Tariffs. In this article, we are ...
General Motors Co. is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal memo ...
Plus Elon Musk’s politics are putting buyers off in Europe and General Motors slashed 1,000 jobs from its autonomous Cruise ...
Now that that's out of the way, here's what we know. Reports are coming out of Asia this morning that at Nissan's behest, interestingly enough, merger talks with Honda will be suspended. The two ...
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...
General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...