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Among the 1,000 people affected by the layoffs, one was Adam Bernard, a GM veteran with 38 years of service. Bernard, who held the position of Associate Director, Competitor Intelligence, expressed his surprise at the decision in a LinkedIn post.
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Most of the layoffs will affect staff in North America, said the people, who asked to not be identified because they weren’t authorized to speak publicly
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From General Motor's stellar stock performance and guidance lift for 2024 to Norwegian sovereign wealth fund's strong returns, here's a look at some of the major developments from across the world.
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September 16 has witnessed a number of historic moments, some tragic and others defining. These events span different regions and eras, shaping our collective history.
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General Motors layoffs: A Bloomberg report said that over 600 layoffs will be in Michigan. The fresh round of job cuts come months after ex-Apple executives Baris Cetinok and David Richardson were promoted to senior VP roles in group.
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From Elizabeth Holmes appealing her 11-year prison sentence to Singapore Airlines offering compensation to passengers injured during a turbulent flight, here are some of the major developments from across the world.
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Hotter-than-expected US inflation, Boeing's mounting troubles and General Motors' management changes, here's a look at the latest business developments around the world
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From US-based UnitedHealth facing outages following ransomware attack and Google's bullish attitude towards AI, to China opposing US sanctions, here's a look at recent business developments from around the world
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Hyundai last year bought the General Motors factory in Talegaon, which has stood idle for years after the US company struggled to sell it off following its exit from the country.
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From Boeing's investigation to COSCO's shipping suspension due to Red Sea attacks, and Saudi Arabia's crude price cut, along with Audacy's bankruptcy filing, here's a look at some of the developments from the world of business.
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The strikes at Ford and Stellantis ended when those companies reached tentative deals with the union.
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In addition to large general pay raises, cost of living pay, restoration of pensions for new hires and other items, the union wanted to represent 10 battery factories proposed by the companies.
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General Motors CEO Mary Barra tried to defend her $29 million paycheque as nearly 13,000 auto workers in the United States went on strike demanding better pay.
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.The United Auto Workers union is seeking big raises and better benefits from General Motors, Ford and Stellantis. They want to get back concessions that the workers made years ago, when the companies were in financial trouble.
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A dramatic walkout -- observed outside a Detroit-area Ford plant with rowdy honking and cheers at the arrival of the United Auto Workers' leader -- followed a failed last-minute push by General Motors, Ford and Stellantis to produce an agreement before the deadline late Thursday.
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This is the first time the union has organised such a strike, with the main demand being a pay raise of 40 percent
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The information technology center in Chandler, Arizona, opened in 2014 as part of a blitz by GM to attract software designers and other employees
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The state Department of Motor Vehicles asked for the reduction after a Cruise vehicle without a human driver collided with an unspecified emergency vehicle on Thursday.
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General Motors’s higher average selling price in the past year underscores its flexibility in managing the transition to EVs
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GM’s CEO, Mary Barra, said the delays were “disappointing” and stemmed from a supplier’s inability to deliver automated manufacturing machinery.
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Mercedes-Benz will initially offer an adapter that would help its existing EVs with the Combined Charging System in North America to charge on the NACS network from 2024.
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GM's move, which follows a similar decision by Ford to embrace Tesla's charging plug standard, means three of the top EV sellers in the North American market have now agreed on a standard for charging hardware.
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Abbott, whose appointment is effective from May 22, will spearhead development of vehicle and enterprise software technologies.
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This decision puts an end to GM’s highest volume EVs and takes one of the few affordable electric vehicle models off the market.
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Potentially 40,428 vehicles could be affected. They include 4500HD, 5500HD, and 6500HD models with model years between 2019 and 2023, according to documents posted by U.S. safety regulators on Saturday.
