Plus Elon Musk’s politics are putting buyers off in Europe and General Motors slashed 1,000 jobs from its autonomous Cruise ...
General Motors’ Cruise will lay off about 1,000 employees, including CEO Marc Whitten, as it shifts focus from robotaxi to ...
Honda had set the end of January as the deadline for Nissan to present a plan for "turnaround actions" to improve its business performance, which the agreement stated as "the premise" of the business ...
Cruise announced massive layoffs as it shifts away from robotaxis, leaving Tesla and Waymo as the sole contenders in the ...
Ferrari appointed Zhou Guanyu as a Formula One reserve driver on Wednesday after the Chinese lost his race seat with ...
Auto shares around the world slumped Monday after US President Donald Trump’s new tariffs threatened to cut into sales from ...
Ratan Tata's close aide and friend, Shantanu Naidu announced the news of attaining a new position at Tata Motors.
GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...
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.
Volkswagen, which exported over 500,000 vehicles from Mexico to the U.S. last year, saw its stock fall nearly 7%. Stellantis, the second-largest European automaker with Mexican production, faced a ...
GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...
We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...