GM has reportedly cut more jobs, targeting underperforming employees through the automaker’s revamped annual performance evaluation system. Affected workers were notified last Friday. The ...
GM also grew its U.S. market share and led across total, retail, and fleet deliveries. In addition to these achievements, GM doubled its EV market share and reported profitability in its EV ...
AC Mobility Holdings Inc., the official distributor of BYD passenger vehicles in the country, have sold nearly 5,000 BYD-branded passenger vehicles, representing an 82-percent share in the ...
GM said its adjusted pretax profits increased 21% to $14.9 billion. "This combination of compelling vehicles in high volume and growing segments, strong execution and discipline led directly to ...
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 ...
General Motors (GM) continued its strong run of quarterly performance last year, with full-year profit that came in at the high end of its range and upbeat forward guidance. But challenges remain ...
For the full year, GM said its adjusted profits before taxes or debt increased 21% to $14.9 billion led by strong sales of pickups and SUVs and improved electric vehicle results. GM spokesman ...
GM reports record profits with stronger results ahead. But Trump’s policies bring some uncertainty
But the company admitted a number of policy headwinds from the Trump administration could derail that profit guidance, as GM and the rest of the US auto industry deals with making plans in the ...
Last year, GM paid roughly 45,000 workers up to $12,250. United Auto Workers Vice President Mike Booth said in a letter to members the payments would be distributed on Feb. 28. The payouts will ...
Hyundai confirmed on Thursday that it’s nearing a deal with GM that would include re-badging EV models. Here’s what to expect. After announcing its fourth quarter 2024 financials, Hyundai ...
In 2024, GM’s EV sales surged 50% to 114,432 ... Tesla’s $100,000 Cybertruck hasn’t been the runaway hit Musk led fans to expect it would be. Tesla sold just 38,965 last year, despite ...
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