Stories Tagged as
General Motors
The last time GM workers went on strike, it was a different economic climate
by
Erika Beras
Sep 17, 2019
The country was heading into the Great Recession during the 2007 walkout. A lot has changed for the company and the economy.
No deal: Auto workers strike against GM in contract dispute
Sep 16, 2019
Workers shut down 33 manufacturing plants in nine states across the U.S., as well as 22 parts distribution warehouses.
Stay or move? Laid-off GM workers face a tough choice
Aug 6, 2019
GM says it has jobs for nearly every one of the 2,800 laid-off workers, but they must decide whether they're willing to relocate.
Ford layoffs necessary to fund bets on its future
by
Jack Stewart
May 21, 2019
The future of the auto industry is uncertain as ride-sharing, self-driving vehicles and other technologies evolve.
Tax credit for GM's electric cars starts to phase out
Mar 28, 2019
On April 1, the credit will drop by 50 percent.
GM reports strong fourth-quarter earnings
Feb 6, 2019
General Motors released positive fourth-quarter earnings on Wednesday. This comes just two months after the car manufacturer pledged to eliminate several car models and reduce its workforce by 14,000 jobs. GM says the planned factory closures and layoffs will save the company at least $2 billion this year. Robust pickup truck and SUV sales have helped GM […]
GM's profit outlook is rising after announcing restructuring in November
Jan 11, 2019
Back in November, General Motors unloaded a big bummer of an announcement: five plant closures, about 15,000 layoffs and the dispensing of several car models. GM said all that would save $4.5 billion by 2020. Today, GM CEO Mary Barra said the company expects 2018 earnings will be stronger than previously expected and said 2019 […]
For public good, not for profit.
GM Canada's company town has learned from past layoffs
by
Emma Jacobs
Dec 6, 2018
As the automaker's Oshawa, Ontario, plant has shed jobs, the local economy has been forced to diversify.
What business investment says about our economy's future
by
Justin Ho
Nov 28, 2018
After the tax law passed last year, Republicans argued that companies would take their tax savings and make big investments in themselves — plants, equipment, trucks, that sort of thing. But over the last year, there are signs that business investment is slowing. GM’s plans to shut down five plants are just the latest example. Economists […]
GM pursues winning skill set with big layoffs
by
Justin Ho
Nov 26, 2018
General Motors is shutting down production of some of its less-profitable vehicles, closing some plants and cutting an estimated 14,000 jobs. It will double its investment in autonomous and electric cars in the next two years in an effort to get ahead of major changes in the automotive landscape in America. Click the audio player […]