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General Motors

GM's bet on Cruise autonomous vehicles sees major roadblocks

by David Brancaccio , Lily Jamali and Meredith Garretson
Dec 4, 2023
After a traffic block and accident in San Francisco, California suspended operations of Cruise robotaxis. Now, parent company GM is scaling back.
A Cruise vehicle drives through an intersection in San Francisco on June 8.
Justin Sullivan/Getty Images
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General Motors and UAW reach tentative contract agreement, potentially ending 6-week strike

by Associated Press
Oct 30, 2023
The deal follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend.
Bill Pugliano/Getty Images
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As GM announces quarterly results, all eyes are on strike's effects

by Meghan McCarty Carino
Oct 24, 2023
Investors — and the union — will be scrutinizing the numbers for clues about how the extended work stoppage is affecting the companies.
Because only two weeks of the UAW strike were in Q3, earnings may not take much of a hit — but keep an eye on forecasts.
Michael Swensen/Getty Images
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EVs are supersizing as carmakers roll out more electric SUVs and trucks

by Henry Epp
Jun 15, 2023
While EV trucks and SUVs are better for the environment than their gas-guzzling counterparts, they come with other problems.
Andy Purdy stands with his Volkswagen ID.4 in front of his house in Benson, Vt. He bought this electric SUV last year to accommodate his family of four.
Henry Epp
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Scaling EVs means skipping "half steps" with hybrids, GM's Mary Barra says

by Kai Ryssdal and Sean McHenry
Jun 8, 2023
The automaker's CEO says it won't invest in hybrids, but instead focus on batteries, a new vehicle platform and charging infrastructure.
CEO Mary Barra says GM is focused on the problem of too few charging stations for EVs. "We know it'll be a gating factor if it's not sufficient," she says. Above, she speaks with host Kai Ryssdal at GM's Global Technical Center in Warren, Michigan.
Nancy Farghalli/Marketplace
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U.S. manufacturing is sluggish, with some bright spots

by Savannah Maher
Jun 5, 2023
Higher borrowing costs are one factor holding back the manufacturing sector.
General Motors announced Monday a $1 billion investment in two of its factories in Flint, Michigan. It joins a wave of sector investment in construction.
Jeff Kowalsky/AFP via Getty Images
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Auto industry's transition to electric is changing its approach to staffing

by Lily Jamali
Nov 1, 2022
Analysts say rightsizing is part of a bigger shift playing out in the auto industry.
Ford decided to offer "underperforming" white-collar workers the option of undergoing a special review process or leaving with severance.
Scott Olson/Getty Images
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Finding new cars on the lot is getting easier

by Matt Levin
Oct 25, 2022
New vehicle inventory is up an estimated 62% from last year as some supply roadblocks clear. But higher prices may stick.
General Motors told investors that it made $3.3 billion in profit last quarter, thanks in part to easing supply chains.
Mario Tama/Getty Images
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Why are EVs still so expensive? It's all about the battery.

by Lily Jamali
Sep 9, 2022
GM is launching an electric version of its Chevy Equinox SUV with a price tag that starts around $30,000. It's hoping to reach a broader market.
Justin Sullivan/Getty Images
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Stock buybacks: the pros and cons for companies and investors

by Lily Jamali
Aug 19, 2022
GM plans to buy back $5 billion worth of its own stock. Why do critics love to hate this corporate maneuver?
General Motors says it will buy back $5 billion worth of its own stock, but critics say the company could use the money to pay workers more or advance green initiatives.
Mario Tama/Getty Images
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