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General Motors and Stellantis Strive to Reach an Agreement with UAW to End Strike
On October 26th, General Motors and Stellantis held intensive negotiations with the United Auto Workers (UAW) to end a six week strike one day after Ford Motor Company reached a temporary contract ag ... -
General Motors and UAW are nearing a preliminary agreement
Two days after reaching a preliminary agreement with Ford Motor, the UAW is about to complete a preliminary agreement with General Motors on a new contract. Sources familiar with the matter said that ... -
Cruise, an autonomous driving company under General Motors, will lay off employees
Kyle Vogt, CEO of Cruise, a self driving company under General Motors, confirmed to employees at a meeting on Monday that the company will need to lay off employees. He promised to provide more detai ... -
General Motors' Cruise plans to relaunch autonomous taxi services, but the scale has significantly reduced
On November 22, Mo Elshenawy, the new co president of Cruise, GM's autonomous vehicle division, told employees in an email that Cruise planned to re launch its robot taxi service after a safety accid ... -
General Motors announces $10 billion accelerated stock repurchase plan
On November 29th, General Motors announced the resumption of its 2023 full year profit guidance. In addition, the company has announced a $10 billion Accelerated Stock Repurchase (ASR) plan and plans ... -
Affected by strikes and setbacks in its autonomous driving business, General Motors announced a $10 billion stock buyback plan
General Motors is sending a positive signal to the outside world to adjust for the adverse effects of previous strikes and autonomous taxi business. On November 29th, General Motors announced the res ... -
General Motors CEO: The commitment to comprehensive electrification depends on consumer demand
General Motors CEO Mary Barra stated in Detroit on December 5th that the company's goal remains to achieve full electrification by 2035, but this depends on consumer acceptance. "We will make adjustm ... -
General Motors' Cruise may face fines for not disclosing accident details
General Motors' Cruise may face fines for not disclosing details of an accident. The California Public Utilities Commission stated in a December 1 document that General Motors' autonomous driving div ... -
General Motors Factory 0 has resumed production
General Motors spokesperson Tara Kuhnen said on December 20th local time that General Motors' Plant 0 in Detroit, USA has resumed production, and most departments, including the automotive assembly d ... -
General Motors' Cruise proposes to pay $75000 to resolve a collision investigation
On January 5 local time, Cruise, a autonomous vehicle division of General Motors, proposed to pay $75000 to settle the investigation of California regulators on the details of pedestrian crashes invo ... -
Cruise, an autonomous driving division under General Motors, is under investigation for a towing accident
On January 26th, it was reported that General Motors' autonomous driving division Cruise is facing investigations from the US Department of Justice and the US Securities and Exchange Commission due t ... -
General Motors has recalled over 320000 vehicles in the United States, and the tailgate may automatically unlock due to a short circuit
On February 6th, the National Highway Traffic Safety Administration of the United States revealed that General Motors has recalled over 323200 vehicles in the United States, including the Chevrolet S ... -
Cruise, the autonomous driving department of General Motors, is reported to have paid over $8 million in settlement for an unmanned taxi accident
An insider revealed that General Motors' autonomous driving division Cruise has reached a settlement agreement of $8 million to $12 million with a pedestrian in San Francisco who was run over by its ... -
General Motors approves a $6 billion stock buyback plan while lowering its forecast for electric vehicle sales
On Tuesday Eastern Time, General Motors announced that its board of directors has approved a new stock repurchase authorization to repurchase up to $6 billion of the company's issued common stock. In ... -
General Motors CEO says electric vehicle delivery speed is slowing down
On July 16th, General Motors CEO Mary Barra lowered her expectations for the company's electric vehicle plan, stating that the company will not sell one million plug-in cars by 2025. Mary Barra state ... -
General Motors invests $625 million to establish a joint venture with Lithium Americas
Canadian mining company Lithium Americas announced on October 16th local time that it has signed a new investment agreement with General Motors to establish a joint venture responsible for the financ ...