GM has cut its Buick dealership network in half through buyouts
The 1,000-store reduction is meant to increase throughput and profits at the remaining stores, according to Duncan Aldred, global head of Buick.
General Motors Company (GM) Stock Dips While Market Gains: Key Facts
In the most recent trading session, General Motors Company (GM) closed at $35.44, indicating a -0.81% shift from the previous trading day.
Tesla Stock Is Worth 16 Times More Than GM's
General Motors Co. (NYSE: GM) and CEO Mary Barra took a terrible beating in the pages of The Wall Street Journal recently in an article titled “Mary Barra Spent a Decade Transforming GM.
The 3 Most Undervalued EV Stocks to Buy in December
The surge in electric vehicle (EV) stocks, particularly undervalued EV stocks, is as palpable as ever. This booming sector, bolstered by countries offering incentives to boost EV adoption, is not j...
GM's CEO said 2023 would be 'a breakout year' for EV production. But demand has fallen sharply.
GM's CEO Mary Barra bet big on EVs and driverless cars. But production issues and hesitant US buyers have dashed her vision.
General Motors (GM) Cruise to Lay off 24% of Its Workforce
Per CNBC, General Motors??? (GM) Cruise is set to lay off 900 employees, primarily in commercial operations and related corporate functions.
Mary Barra Spent a Decade Transforming GM. It Hasn't Been Enough.
The CEO pushed GM hard into electric and driverless cars. The finish line keeps moving farther away.
GM To Lay Off 1,300 Workers in Michigan
General Motors (GM) is set to lay off more than 1,300 Michigan employees in the coming months, the automotive company announced in state documents filed last week.
GM laying off 1,300 workers at Michigan plants that made Bolt EV, Camaro
Final production of the Bolt at Orion is set for next week, while Chevrolet Camaro production is ending at a plant in Lansing.
Cruise is in danger of becoming GM's latest trendy venture that doesn't pay off
Cruise has quickly gone from one of GM's greatest business opportunities to a massive liability.
GM to layoff 1300 workers at Michigan plant in early 2024
General Motors (GM) will be laying off about 1,300 workers at two plants in Michigan. The move comes after GM announced it would be delaying the production of its electric pickup trucks to 2025.
General Motors Layoffs: What to Know About the Latest GM Job Cuts
General Motors (NYSE: GM ) layoffs are a hot topic on Friday as one of the big three automobile manufacturers in the U.S. announced new job cuts. Two new filings from General Motors with the Michig...
General Motors to lay off 1,300 employees at Michigan plants
General Motors Company (NYSE:GM) will be laying off about 1,300 workers at two of its Michigan manufacturing plants early in the new year, the automaker said on Thursday. At its Orion Assembly plan...
GM Lays Off More Workers. It's Bracing for Tougher Times.
Economic growth is set to slow, the excitement around electric vehicles is cooling and the company just got through a protracted labor dispute earlier this year.
GM to lay off about 1,300 in Michigan as Bolt, Camaro end production
According to filings Thursday with state regulators, the automaker will lay off 945 workers at its Lake Orion, Mich., facility, and 369 at its Lansing Grand River assembly/stamping plant.
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