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The United Auto Workers (UAW) reached a tentative agreement with General Motors on Monday, the latest in a series of hard-fought deals with the Detroit Three automakers that will help its members.
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General Motors GM pauses production of most pickup trucks amid parts shortage Jamie L. LaReau USA TODAY NETWORK 0:00 1:12 General Motors will halt production of its popular pickup trucks due to.
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GM's revenue in the latest quarter totaled $43.1 billion, above analysts' projection for $40.5 billion, on a 41% increase in US vehicle sales volumes. Electric-vehicle market leader Tesla last.
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GM is in the process of shifting to an all-electric lineup of vehicles by 2035, as it invests billions in designing and building future EV models, with 75% of capital spending now dedicated to EVs.
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Despite those headwinds, GM reinstated its 2023 earnings guidance, originally withdrawn during the labor negotiations, taking into account what it termed in a release as an "estimated $1.1.
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General Motors has roughly halved the size of its Buick dealership network in the U.S. through an ongoing voluntary buyout program. The 1,000-store reduction is meant to increase throughput and.
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General Motors Co Tesla Inc Ford Motor Co DETROIT, Jan 31 (Reuters) - General Motors Co (GM.N) shares jumped early on Tuesday after it reported higher net income for the fourth quarter,.
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Dec 14 (Reuters) - General Motors' (GM.N) self-driving vehicle business Cruise will slash 24% of its workforce as it works to restructure operations following an accident that forced it to halt U.
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0:49. General Motors will lay off a total of 1,314 employees at two factories in Michigan in connection to ending production of vehicles. GM filed a WARN notice posted Thursday that said it will.
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Here's what that means for the UAW. After days of uncertainty, it appeared likely late Wednesday the United Auto Workers' new contract with General Motors Co. would be ratified, averting a.
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GM's new guidance reduced expected net income attributable to stockholders for 2023 to a range of $9.1 billion to $9.7 billion, compared to the previous outlook of $9.3 billion to $10.7.
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GM plans to lay off about 1,300 workers in Michigan early next year due to vehicles they produce ending production, the company disclosed in state documents.
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General Motors ( GM) - Get Free Report, according to documents filed with the state of Michigan, will lay off just over 1,300 workers at two of its Michigan plants early next year. The larger.
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GM CFO Paul Jacobson said Tuesday that the company expects new vehicle pricing to remain steady compared with last year. He said consumers paid an average of $50,263 per vehicle in the U.S. during.
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Dec 14 (Reuters) - General Motors (GM.N) said on Thursday it is laying off 1,300 workers at two Michigan auto factories in early January. The largest U.S. automaker said 945 workers will be laid.
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By Ryan McCarthy Jun 24, 2009, 05:04 PM EDT | Updated Dec 6, 2017 The list of the more than 1,000 dealerships that GM plans to close has begun to trickle in. On Friday, GM dealerships across the country began receiving FedEx packages indicating which franchises could be shut down by next year.