The automaker consolidated its holding in the autonomous vehicle ride-service developer and will merge the business with its own self-driving and driver assistance platform.

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...

It's looking like 2025 may be a turbulent year for vehicle manufacturers. Here's a review of some of the big changes expected at GM.

Volkswagen, which exported over 500,000 vehicles from Mexico to the U.S. last year, saw its stock fall nearly 7%. Stellantis, the second-largest European automaker with Mexican production, faced a ...

GM completes its acquisition of Cruise, which means a brutal 50% reduction in workforce. Those remaining will work on ...

We calculate that at year-end 2024, GM had automotive net cash excluding legacy obligations of $6.0 billion, or $5.72 per diluted share. Per the 10-K, global pension contributions in 2025 are expected ...

General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and ...

General Motors is slashing Cruise's workforce by half after buying out all other remaining shareholders of the autonomous ...

American Axle & Manufacturing is merging with UK-based Dowlais Group to tackle industry transitions and diversify, growing to ...

About 88% of remaining employees are in engineering or related roles, and impacted employees were given 60 days’ notice.

The finance arm of the Detroit automaker has resubmitted its application for an industrial loan company charter to the ...

General Motors has finalized the complete acquisition of its Cruise autonomous vehicle unit to focus on developing the ...