Author: Michael Wayland
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GM offers equity to Cruise employees
Future and current employees of GM’s Cruise autonomous vehicle unit are being offered equity in the driverless tech startup under a new employee incentive plan.
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GM’s spending on autonomous vehicles comes in below forecast
CEO Mary Barra attributed the lower expenses in part to good cost controls by Kyle Vogt, who headed the Cruise unit last year.
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GM posts $2 billion Q4 net profit on strong N.A. results
General Motors swung to fourth-quarter net income of just over $2 billion, as strong North American results offset restructuring costs and losses in its international operations and autonomous-vehicle unit.
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GM powers up 2020 Silverado HD pickup line
The 2020 Chevrolet Silverado HDs, when they arrive in showrooms midyear, will be available in five trim levels across 22 cab, bed, chassis and driveline configurations.
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GM begins ‘vast majority’ of white-collar cuts
GM said a “vast majority” of the layoffs — expected to be roughly 4,000 people — will be implemented in the next two weeks on a staff-by-staff, location-by-location basis.
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Chevy Blazer: GM’s newest political football?
The 2019 Chevrolet Blazer arrives at dealerships in the political crosshairs of a North American trade renegotiation and outcry from American and Canadian unions.
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GM expected to begin thousands of salaried job cuts next week
The cuts, described by one analyst as “Black Monday,” are expected to take weeks, if not longer, to complete, according to the sources within GM.
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GM halts work at 15 Michigan plants amid cold snap emergency
GM, at the request of a Michigan utility, said it stopped production at four assembly plants and 11 supporting facilities as a way for the utility to conserve natural gas. GM also is asking the roughly 20,000 employees at its Warren Tech Center to work…
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GM halts work at 13 Michigan plants amid cold snap emergency
GM, at the request of a Michigan utility, said it stopped production at four assembly plants and nine supporting facilities as a way for the utility to conserve natural gas. GM also is asking employees at its Warren Tech Center and Pontiac Propulsion o…
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UAW increases pressure on GM to save U.S. plants
The UAW is increasing its efforts to pressure General Motors not to end production at four U.S. plants in 2019.