General Motors will record a total of nearly $5 billion in non-cash charges against its fourth-quarter net income because of its struggling operations in China, the company said Wednesday in a ...
Partnerships, job cuts, restructuring in China and dumping Cruise's robotaxi fleet signal that GM is hyperfocused on cost controls going into 2025.
General Motors CEO Mary Barra says she's still bullish on her company's prospects amid challenges with EVs and issues with ...
GM has invested billions in new Ultium Cells battery production plants to support the EV transition. However, these ...
Barra said she looks forward to working with the Trump administration and expects he will listen to GM's input on regulations.
After a year of trying to refocus and relaunch the robotaxi program following an October 2023 pedestrian crash, the automaker ...
General Motors announces it will shut down Cruise self-driving taxi development as costs and competition mount.
General Motors said it was abandoning its Cruise driverless ride-hailing service due to its high costs and the scale needed in an increasingly competitive market.
DANBURY, Conn., Nov. 15, 2024 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) announced a global restructuring of its operations in the U.S., Canada, and ...
GM said it sees a better business case in developing autonomous technology for personal cars rather than to develop robotaxis ...
General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle ...
Gov. Gretchen Whitmer wants to increase funding to lure big projects to Michigan, but EV battery plants heavily subsidized by Michigan so far have created far fewer than the 11,000 jobs they promised.