Big Changes Are Coming To GM In 2025
It's looking like 2025 may be a turbulent year for vehicle manufacturers. Here's a review of some of the big changes expected at GM.
Cruise announces layoffs as GM acquires defunct robotaxi company
Defunct robotaxi company Cruise has begun to lay off employees today, sources tell The Verge. The layoffs come two months ...
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 ...
GM takes full control of Cruise in autonomous personal vehicle shift
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...
Trump's Tariff Push Divides Executives: 'Negative Outcomes Are Not Priced Into' Markets
President Donald Trump announced a wave of tariffs on Canada, China, and Mexico, though some have now been delayed, sparking ...
General Motors Cannot Pass All Tariffs Costs Onto Customers
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
Even car companies that emphasize US production could feel the impact of Trump's tariffs — including Tesla
Car manufacturers that have a heavy presence in the US, such as Tesla, Rivian, and Ford, will still feel the impacts of Trump ...
GM just crushed its earnings report, so why are investors fleeing?
Despite surpassing Wall Street expectations in its most recent earnings report, GM’s stock tumbled amid investor concerns ...
Implemented or not, Trump's 25% tariff threat is challenging the auto industry
For months, automakers have been taking a “wait-and-see” approach to the Trump administration’s potential tariffs.
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Confirmed: Local stars and business heavy hitters are teamed up to bring the WNBA back to Motor City.
A powerhouse group of investors including Lions owner Sheila Ford Hamp, General Motors CEO Mary Barra, Lions Quarterback Jared Goff and NBA legends Grant Hill and Chris Webber are backing a formal bid ...
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...