TSLA445.27011.82%
GM75.810-0.63%
F13.5851.595%
RIVN14.2700.32%
CYD51.0202.5%
HMC24.3700.26%
TM186.8905.22%
CVNA69.900-3.82%
PAG166.580-2.45%
LAD273.220-2.08%
AN191.110-4.25%
GPI327.780-8.36%
ABG192.850-0.83%
SAH76.120-2.46%
TSLA445.27011.82%
GM75.810-0.63%
F13.5851.595%
RIVN14.2700.32%
CYD51.0202.5%
HMC24.3700.26%
TM186.8905.22%
CVNA69.900-3.82%
PAG166.580-2.45%
LAD273.220-2.08%
AN191.110-4.25%
GPI327.780-8.36%
ABG192.850-0.83%
SAH76.120-2.46%
TSLA445.27011.82%
GM75.810-0.63%
F13.5851.595%
RIVN14.2700.32%
CYD51.0202.5%
HMC24.3700.26%
TM186.8905.22%
CVNA69.900-3.82%
PAG166.580-2.45%
LAD273.220-2.08%
AN191.110-4.25%
GPI327.780-8.36%
ABG192.850-0.83%
SAH76.120-2.46%


GM

GM is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review.

GM lays off over 1,000 software and services division employees amid strategic streamlining

- August 20, 2024
General Motors (GM) is laying off more than 1,000 salaried employees globally within its Software and Services division following a strategic review to streamline operations. The cuts include approximately 600...
Texas Attorney General has filed a lawsuit against GM, accusing the automaker of illegally selling drivers’ data to insurance companies

Texas AG sues GM for allegedly selling driver data without consent

- August 15, 2024
Texas Attorney General Ken Paxton has filed a lawsuit against General Motors, accusing the automaker of illegally collecting and selling drivers’ data to insurance companies without their consent or knowledge....
GM has unveiled a redesigned version of its popular GMC Terrain compact crossover, introducing a more rugged exterior.

GM unveils redesigned GMC Terrain with enhanced features and new ‘Elevation’ trim

- August 13, 2024
General Motors has unveiled a redesigned version of its popular GMC Terrain compact crossover, introducing a more rugged exterior and a host of new standard features, including the debut of...
GM is overhauling its performance evaluation system for U.S. salaried employees to better reward high achievers and pressure underperformers

GM revamps employee performance ratings to reward top talent and pressure low performers

- August 2, 2024
General Motors (GM) is overhauling its performance evaluation system for U.S. salaried employees to better reward high achievers and pressure underperformers to either improve or leave. This strategic move aims...
Ford released its second-quarter earnings today, revealing a mix of positive revenue growth and missed earnings expectations.

Ford reports mixed Q2 2024 results amidst EV sales surge and strategic shifts

- July 25, 2024
Ford released its second-quarter earnings today, revealing a mix of positive revenue growth and missed earnings expectations. Despite revenue climbing 6% to $44.8 billion, surpassing projections, Ford's Q2 2024 earnings...
Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp.

GM’s Wentzville plant halts production amid Lear Corp. strike

- July 23, 2024
Production at General Motors' Wentzville, Missouri, plant has come to a halt due to a labor dispute at its seat supplier, Lear Corp. The strike involved 500 Lear workers represented...
General Motors (GM) will increase the production of the Cadillac Escalade V-Series performance model as part of its 2025 model year updates.

GM boosts production of Cadillac Escalade V-Series for 2025 with major updates

- July 18, 2024
General Motors (GM) will increase the production of the Cadillac Escalade V-Series performance model as part of its 2025 model year updates. The new SUV features significant enhancements, including a...
General M earningsotors General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain.

GM’s 1 million EV production goal for 2025 in doubt, says CEO Mary Barra

- July 16, 2024
General Motors’ ambitious goal of producing 1 million all-electric vehicles in North America by the end of 2025 is now uncertain, according to comments made by CEO Mary Barra on...
Earlier this week: UAW pres. Shawn Fain revealed union demands, Toyota's global sales rose 5.1% in the first half of 2023, and more headlines to stay on top of this week in automotive industry news.

UAW President raises concerns over Biden’s re-election chances

- July 12, 2024
United Auto Workers (UAW) President Shawn Fain met with the union's executive board late Thursday to discuss his deep concerns regarding President Joe Biden's ability to defeat Donald Trump in...
General Motors

General Motors to Pay $145.8 Million Penalty for Excess Emissions in 5.9 Million Vehicles

- July 5, 2024
In a significant regulatory crackdown, General Motors (GM) has been levied with a $145.8 million penalty following a comprehensive government investigation that discovered excess emissions in approximately 5.9 million of...


CBT News
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