Big Changes Are Coming To GM In 2025
It's looking like 2025 may be a turbulent year for vehicle manufacturers. Here's a review of some of the big changes expected at GM.
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Cruise Cuts Workers 50% & Gives Control to GM–Robotaxis Grounded
In an all-hands meeting on Monday, Cruise executives informed employees that GM had officially assumed full control of the ...
GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
Cruise announces layoffs as GM acquires defunct robotaxi company
Cruise held an all-hands meeting today, in which it announced that GM had acquired full control of the company. A ...
GM takes full control of Cruise in autonomous personal vehicle shift
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...
General Motors Cannot Pass All Tariffs Costs Onto Customers
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
Detroit chamber, Fain criticize Trump tariffs; list of affected automakers
MichAuto and its constituents are concerned about the collateral damage" to manufacturing and "the impact (tariffs) will have ...
Lions' Sheila Hamp, Jared Goff part of investor group for Detroit WNBA bid
The Detroit Lions are getting involved in the possible return of WNBA basketball to the Motor City. The Detroit Pistons PR ...
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Confirmed: Local stars and business heavy hitters are teamed up to bring the WNBA back to Motor City.
A powerhouse group of investors including Lions owner Sheila Ford Hamp, General Motors CEO Mary Barra, Lions Quarterback Jared Goff and NBA legends Grant Hill and Chris Webber are backing a formal bid ...
GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for 2025.
GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
GM expects to save up to $1 billion on Cruise costs
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...