Colin Langan, Wells Fargo senior equity analyst, joins 'Squawk on the Street' to discuss Langan's top pick in the auto sector, why the analyst is bearish on the sector, and the demand question for the
Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle called the Vistiq.
General Motors' self-driving vehicle unit Cruise dismissed nine executives in December amid an ongoing safety investigation after a woman was struck and dragged by a Cruise robotaxi.
This latest development follows General Motors' (GM) October announcement of postponing the production of its electric trucks, including the Chevy Silverado RST and GMC Sierra Denali EVs, to late 2025
Nine executives have been dismissed from General Motors Company (NYSE:GM)'s Cruise robotaxi wing following the start of a probe into the safety of the firm's automated technology. Chief operating off

GM Cruise Execs Leave Amid Robotaxi Crash Probe

05:34am, Thursday, 14'th Dec 2023
The driverless car company says nine employees have departed amid its investigation into an incident that left a pedestrian injured.
Cruise, the troubled autonomous-vehicle unit of General Motors, has dismissed nine “key leaders” in the wake of an October crash in San Francisco that left a pedestrian critically injured.
The departures include leaders from Cruise's legal, government affairs, commercial operations and safety and systems teams, according to a company-wide message.
General Motors said on Wednesday Doug Parks, who leads the automaker's global product development team, would retire after nearly four decades with the company during which he played a key role in its
Being a successful investor takes a lot of discipline, which is genuinely one of the deepest endeavors anyone can take on. Assuming you are not the average investor (you are here, so it's a safe assum
General Motors and Komatsu said on Tuesday they will jointly develop a hydrogen fuel cell power module for the Japanese construction machinery maker's 930E electric drive mining truck.
UAW agreements with Detroit's Big Three were ratified in a vote by union members. GM announced an accelerated $10 billion buyback (~20% of the company's capitalization) and increased its dividend by 3
Stellantis' EVs are in the black in U.S. and Europe. Ford is pulling back on EV ambitions.
GM raised its dividend 33% and announced a share repurchase program. GM is finalizing a 2024 budget to fully offset labor wage increases.
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