More than two dozen unions urged U.S. auto safety regulators on Thursday to open an industry-wide probe into driverless vehicles including Alphabet's Waymo and Amazon.com's Zoox.
President Joe Biden will meet with Shawn Fain, the head of the United Auto Workers, in Illinois on Thursday to highlight the tentative contract agreements between the union and Detroit's Big Three Aut

Earnings Estimates Come Under Pressure

07:32pm, Wednesday, 08'th Nov 2023
While Q3 results have been better than expected, there is a notable acceleration in negative estimate revisions over the last few weeks, contrasting the largely favorable revisions trend of the preced

Earnings Estimates Come Under Pressure

07:32pm, Wednesday, 08'th Nov 2023
While Q3 results have been better than expected, there is a notable acceleration in negative estimate revisions over the last few weeks, contrasting the largely favorable revisions trend of the preced
General Motors (GM) and Stellantis (STLA) joined other automakers investing a combined $33 million in Niron Magnetics, a startup producing rare earth-free magnets used in electric vehicles (EVs).
General Motors' self-driving car unit Cruise is recalling 950 robotaxis as it looks to address an issue with collision detection software after a pedestrian-involved crash.
Workers at Ford's Chicago assembly plant have voted to ratify a proposed contract with the automaker, the United Auto Workers (UAW) union's local chapter said on Wednesday.
Auto regulators said the self-driving vehicles—manufactured by General Motors—were affected by a post-collision response system that may increase safety risks.
California regulator suspended the company's license after a pedestrian was severely injured.
GM owned Cruise recalls 950 robotaxis after pedestrian collision

Goldman moves to unload GM credit card

10:01am, Wednesday, 08'th Nov 2023
The credit-card program is largely marketed toward people who buy and own General Motors cars. Goldman is also the issuer for the Apple credit card, which is much larger.
Goldman Sachs Group Inc. has told employees in its Platform Solutions unit that it's moving toward a process to find a new issuer for its General Motors credit-card program, The Wall Street Journal re
When she was confirmed by the Senate in a close 2022 vote to fill an unexpired term, Fed Governor Lisa Cook became the first Black woman to have a seat at the table of the U.S. central bank since it w
General Motors (NYSE: GM ), along with Ford (NYSE: F ) and Stellantis (NYSE: STLA ), is one of the Detroit Three group of American automakers. All three companies experienced financial and operationa
Metalworkers at Brazilian plants of General Motors have decided to suspend a 17-day strike and returned to work on Wednesday after a reaching an agreement with the company, the union representing them
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