General Motors and Stellantis said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims to c
A new labor deal isn't an existential threat for GM, Ford, and Stellantis. Management quality, and not relative labor costs, will determine which companies win in coming years.
Cruise is recalling 950 driverless cars from the roads across the United States and may withdraw more following an accident involving one of its robotaxis, General Motors' self-driving unit and the U.
Goldman Sachs plans to offload its General Motors credit cards, a person familiar with the matter told Reuters on Tuesday.

Goldman Moves to Offload GM Credit Card

05:39pm, Tuesday, 07'th Nov 2023
Bank informed employees Tuesday of a process to find a new issuer as it retreats from consumer lending
Labor unions may be entering a new age of victory. As of last week, the United Auto Workers (UAW) had reached tentative agreements with Detroit's Big 3 automakers.
The auto maker's Cruise business has experienced some difficulties lately including having its license to operate suspended in California.
General Motors is pausing production of its fully autonomous van, the Origin, Forbes reported on Monday, citing an audio of Cruise CEO Kyle Vogt's address at an all hands meeting.
Cruise recently took the drastic move of grounding all of its driverless operations following a collision that injured a pedestrian in San Francisco.
General Motors is expected build a more affordable version of the Chevrolet Bolt in Kansas and a new series of premium electric vehicles for Cadillac and Chevrolet in Michigan as part of its planned $
Oregon's pension, one of the largest in the U.S., slashed positions in chip makers Nvidia and Intel, and auto makers Ford and GM in the third quarter.
On Monday, the United Auto Workers strikes against Ford, GM, and Stellantis came to an end. Labor costs will rise for all Big Three automakers.
General Motors will cancel 1,245 layoffs at its factories in Sao Jose dos Campos, Sao Caetano do Sul and Mogi das Cruzes in the state of Sao Paulo, the union representing metalworkers said on Saturday
United Auto Workers (UAW) outlined the terms of its tentative agreement with automaker General Motors (GM) Saturday and the tentative deal is expected to end the the union's seven-week strike.
Details of the deal were released Saturday after local UAW-GM leaders approved the pact, which must still be ratified by the union's 46,000 members with the automaker.
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