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Ford dodges UAW strike, used car prices fall, EV startups report Q4 earnings, Fisker expands dealer network, and Cruise shakes things up.

Weekly roundup: Ford averts UAW strike, Fisker expands dealer network, Cruise...

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Earlier this week: Ford narrowly averted a UAW strike at its Kentucky Truck Plant by reaching a tentative agreement. A ratification vote is pending...
Cruise has lost yet another key leader as it continues to navigate the fallout of a mishandled traffic incident last October.

Cruise VP of robotaxi hardware development abruptly resigns

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Carl Jenkins, senior vice president for autonomous vehicle platforms at General Motors' Cruise robotaxi division, has resigned, marking the latest in a series of...
Waymo reported that a crowd in San Francisco vandalized and set a self-driving car on fire by hurling a firework inside of it.

Waymo’s autonomous car up in flames: vandalism sparks debate over self-driving...

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Waymo, an Alphabet subsidiary, reported that on February 10, a crowd in San Francisco vandalized and set a self-driving car on fire by hurling...
Despite possible headwinds in the economy and sales, GM exceeded Wall Street's projections for Q4 and is predicting another successful year.

GM surges Q4 earnings, prepares for another successful year

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Despite possible headwinds in the economy and sales, General Motors (GM) exceeded Wall Street's projections for both its top and bottom lines in the...
GM's Cruise AV unit stems from difficulties related to culture and incompetent leadership that have dogged the firm since October.

Independent investigation uncovers systemic issues in GM’s Cruise division

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Based on a recent investigation by a third party, regulatory oversights and allegations over cover-ups at General Motors' Cruise autonomous vehicle unit stem from...
GM's Cruise robotaxi division proposed a settlement of $75,000 to resolve an inquiry made by a California regulator involving a crash.

Cruise offers $75,000 to settle California agency probe

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On January 5, General Motors' Cruise robotaxi division proposed a settlement of $75,000 to resolve an inquiry made by a California regulator regarding the...
General Motors (GM) filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period.

GM sues San Francisco over $108 million tax bill linked to...

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General Motors filed a lawsuit alleging that San Francisco had unfairly taxed them $108 million over a seven-year period. According to GM, San Francisco linked...
Robotaxi service and General Motors subsidiary Cruise dismissed nine leaders and laid off 900 employees as it grapples with safety inquiries.

Cruise fires 9 leaders, lays off 900 employees amidst safety probes

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This week, Robotaxi service and General Motors subsidiary Cruise let go of nine leading team members and revealed it would lay off an additional...
Cruise, the autonomous robotaxi arm of General Motors, may be subject to fines and other penalties amounting to $1.5 million

GM’s Cruise faces $1.5M in fines for failing to disclose accident...

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Cruise, the autonomous robotaxi arm of General Motors, may be subject to fines and other penalties amounting to $1.5 million for concealing information about...
Ford is committed to identifying cost-cutting measures, including a $12 billion scale-back in future electric vehicle (EV) investment.

Ford reissues 2023 guidance, reveals $8.8 billion cost of labor deal

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In its latest financial update, Ford Motor Company has reissued its 2023 guidance, a month after withdrawing it due to the ongoing labor strikes...