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 ...
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.
INVESTOR GROUP LED BY DETROIT PISTONS OWNER TOM GORES SUBMITS BID TO BRING THE WNBA BACK TO DETROIT
Equity Investors Include Tom and Holly Gores, Lions Principal Owner and Chair Sheila Ford Hamp, General Motors CEO Mary Barra ...
UAW members at GM could get up to $14,500 in profit-sharing checks
GM saw gains in its pretax profits for North America last year that pushes profit-sharing checks for UAW workers to a record ...
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 ...
WNBA files trademark application to bring back 'Detroit Shock' as city submits expansion bid
Unlike other professional sports leagues where individual teams own their own trademark filings, the WNBA holds the rights to ...
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 ...
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 ...
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GM’s Cruise Laying Off A Hefty Portion Of Its Workforce
Now that Cruise is no longer operating a network of autonomous ride-hailing services, GM is winding down its staff while keeping many of the engineers.
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Shock-er: Pistons' Gores, group of mega-investors submit expansion bid for WNBA team
The WNBA could be on its way back to Detroit. An investment group, led by Detroit Pistons owner Tom Gores and including Detroit Lions principal owner Sheila Hamp and General Motors CEO Mary Barra, ...