General Motors continues to thin its ranks under a new evaluation program that looks to let go of poor-performing salaried workers, according to two sources familiar with the company's plans.
General Motors (GM) recently released its fourth-quarter earnings report that exceeded analyst predictions, yet the company’s stock fell by more than 8% following the announcement, pushed by ...
General Motors is finally making some money in the electric-vehicle business. The automaker reported its EVs were "variable profit positive" in 2024, meaning that they earned more money than GM ...
GM’s share of the US electric vehicle market doubled in the fourth quarter as the new Chevy Equinox EV became a top seller. With new electric Cadillac SUVs arriving this year, GM sees more ...
GM has announced the closure of the Norsom plant, officially known as SAIC-GM (Shenyang) Norsom Motors Co., Ltd., in Shenyang, Liaoning, China, this month. A source told Reuters that it’s part ...
GM said Tuesday that the 2024 pretax payout for its UAW-represented workforce will be up to $14,500 for those who qualify. That's a jump from the 2023 payout of $12,250. For 2022, GM's payout of ...
General Motors Co.’s stock fell sharply on Tuesday as the carmaker said its bullish 2025 outlook does not account for the impact of potential tariffs by the Trump administration. The statement ...
GM is currently facing a major quality control issue related to the naturally aspirated 6.2L V8 L87 gasoline engine, a powerplant found throughout the Cadillac, Chevrolet, and GMC product ...
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Sort of. In a letter to shareholders, GM CEO Mary Barra described its EV business as “variable profit positive,” in which the revenues from its EVs exceeded the fixed costs of manufacturing ...
GM predicts rising profit in 2025, assuming a "stable policy environment" in North America. General Motors (GM) stock was the biggest decliner in the S&P 500 on Tuesday, falling nearly 9% as ...
GM told the white-collar workforce Tuesday in an email that the company outperformed its earnings targets in 2024 and therefore it will base the bonus pay using a multiplier of 144%, up from 130% ...