California suspends Cruise's autonomous robotaxis
The state of California announced Tuesday that it is immediately suspending permits belonging to driverless taxi firm Cruise, which effectively halts the firm's autonomous-driving operations for th...
General Motors Finds Itself in a Jam
The largest Detroit automaker is stuck between dwindling profit on gas guzzlers and uncertain prospects for electric and autonomous vehicles.
General Motors' stock has been punished 'somewhat unfairly' by the UAW strike, says analyst
Tom Narayan of RBC Capital Markets says the issue of the UAW strike is "overblown" and shares why he is optimistic on the prospects for the stock.
Honda shelves plan to co-develop smaller EVs with GM - Bloomberg News
Honda Motor is shelving plans to jointly develop affordable electric vehicles (EVs) with General Motors due to a changing business environment, Bloomberg News reported on Wednesday, citing an inter...
General Motors driverless taxis kicked off San Francisco roads
Driverless taxis, developed by General Motors Company (NYSE:GM) subsidiary Cruise, have lost the right to operate in California after a chaotic rollout onto the roads of San Francisco. Citing publi...
California suspends Cruise's autonomous robotaxis
The California Dept. of Motor Vehicles announced the suspension of autonomous taxi manufacturer Cruise's deployment and testing permits amid an investigation.
UAW strike expands to crucial GM plant
CNBC's Phil LeBeau join 'Closing Bell' to discuss the UAW expanding its strike to another crucial GM plant, Stellantis laying of 525 workers due to strike, and how California halting driverless car...
GM Cruise self-driving car permits suspended in California after crashes
The suspension is a major setback to GM's self-driving technology unit. The automaker reported it lost $723 million on Cruise during the third quarter.
UAW Strike Alert: Auto Workers Expand Strikes at GM, Stellantis
A tough situation has just gotten tougher, it seems. Not only is the United Auto Workers (UAW) strike not likely to end anytime soon, but it's actually expanding.
California revokes GM self-driving car subsidiary permit, citing 'unreasonable risk to public safety'
Cruise, General Motors' self-driving vehicle subsidiary, just got its license suspended. The California Department of Motor Vehicles revoked Cruise's permits to test and operate fully driverless ve...
GM Pulls Full-Year Guidance as UAW Strike Expands, Hitting Profits
General Motors Co. (GM) pulled its full-year guidance in its third-quarter earnings report released Tuesday amid uncertainty surrounding the growing strike by the United Auto Workers (UAW) union.
GM Cruise's driverless taxis suspended in San Francisco
The California DMV on Tuesday suspended driverless taxis from General Motors Co.'s GM, -1.64% Cruise from operating in San Francisco, citing safety concerns. The halt is effective immediately and t...
UAW hits GM again, striking at automaker's largest plant
The United Auto Workers expanded its strike again Tuesday, targeting General Motors' largest assembly plant. The union has now hit each of the Big Three's most profitable facilities.
GM's Q3 success disrupted by UAW strike, 5,000 UAW members walk out at Arlington assembly plant
General Motors (GM) beat expectations for both revenue and earnings in its third-quarter results on Tuesday. However, the ongoing strike by the United Auto Workers (UAW) union continues to weigh on...
California suspends GM Cruise's driverless vehicle deployment
California suspended General Motors' Cruise autonomous vehicle deployment, effective immediately, the state's department of motor vehicles said in a statement on Tuesday.
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