For 1,500 workers, the road ahead is an uncertain one.
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…
General Motors this week announced plans to build a new heavy-duty Chevy Silverado pickup truck in Michigan as it cut 4,000 jobs.
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…
As the automaker's Oshawa, Ontario, plant has shed jobs, the local economy has been forced to diversify.
GM announced plant closures in North America and thousands of layoffs, tariffs are also weighing down the car company.
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…
The Big Three — Ford, GM and Chrysler — are moving away from car sales in the U.S. and instead focusing on bigger vehicles like SUVs and pickup trucks for the American market.
The reduction includes 8,100 white-collar workers, some of whom will take buyouts and others who will be laid off.
Autonomous cars made more interesting in a deal that's more Silicon Valley than Detroit.