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General Motors lays off about 1,000 workers, cutting costs to compete in a crowded automobile market November 15, 2024 at 5:53 AM FILE - The Chevrolet logo is seen at a new and used vehicles ...
DETROIT (Reuters) - General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the autonomous technology for personal vehicles not robotaxis ...
General Motors Company (NYSE:GM) shares are trading relatively flat on Wednesday. Yesterday, the automotive behemoth reported adjusted earnings per share of $1.92 in the fourth quarter, beating ...
General Motors' Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after one of them dragged a pedestrian to the side of a San Francisco street in early October.
But it was never going to be cheap. General Motors spent $1 billion to acquire the less-than-50-person team in 2016, and went on to spend more than $10 billion on the company over the next nine years.
General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac, each a separate division of GM.
The GM BT1 platform, marketed under Ultium branding, is a dedicated electric vehicle architecture or platform developed by General Motors (GM). It underpins electric full-size pickup trucks and SUVs sold by GM, using battery and motor technology developed under its Ultium program; these are shared with third-generation GM electric vehicles on the BEV3 platform.
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