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(Reuters) -General Motors said on Tuesday it will end robotaxi development at its majority-owned, money-losing Cruise business, a blow to the ambitions of the largest U.S. automaker which had made ...
General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on development of ...
The Detroit Free Press reported at the time that 634 of the jobs being cut then were at the GM Global Technical Center in Warren based on information provided to the state of Michigan.
GM maintains a nearer-term target of producing between 200,000 and 250,000 EVs this year, a range that was revised downward from a previously announced goal of 200,000 to 300,000.
DETROIT — General Motors has temporarily halted vehicle production at two U.S. factories that assemble highly profitable large pickups and SUVs due to impacts to suppliers as a result of ...
At Deutsche Bank's Global Automotive Conference Tuesday, GM Chief Financial Officer Paul Jacobson said the company has reduced its full-year electric vehicle production forecast to between 200,000 ...
The Cadillac Lyriq is a battery electric mid-size luxury crossover SUV manufactured and marketed by the Cadillac division of General Motors. [4] As Cadillac's first fully electric vehicle, and the first GM production vehicle using the BEV3 platform, the Lyriq introduces a new version of GM's Super Cruise semi-autonomous driving system.
Still, some investors seemed to welcome GM's decision to pull Cruise's funding in favor of $2 billion in annual savings, sending GM's stock price up more than 3% in after-hours trading Tuesday ...