GM expects to save up to $1 billion on Cruise costs
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair ...
GM Is Making A Big Bet On Super Cruise. It Seems To Be Paying Off
GM says that more and more owners end up subscribing to its hands-free automated driving assistance system. And it has big ...
General Motors Q4 Earnings: Revenue And EPS Beat, Takes $5 Billion Hit On China & Robotaxi Woes
General Motors Company (NYSE:GM) shares are trading lower in the premarket session on Tuesday. The automotive behemoth ...
GM's Q4 profitability dented by hit from Cruise, China restructuring
General Motors posts solid Q4 results, upbeat guidance, but impact dented by losses from Cruise robotaxi, restructuring Chinese operations.
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NHTSA closes preliminary investigation into General Motors' Cruise robotaxis
WASHINGTON — U.S. automobile safety regulators are closing their preliminary investigation into General Motors' Cruise robotaxis without taking further action. The National Highway Traffic ...
General Motors Pays $4.5 Billion in Charges, Reducing Q4 and Full-Year 2024 Results
For the full year 2024, GM reported a revenue of $187.44 billion, an increase from $171.84 billion revenue in 2023. However, ...
General Motors says making ‘good progress’ in China
Expects to forecast $1B in annual run rate savings from ending Cruise robo-taxi program. Says Cruise employees to be fully integrated into the ...
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Why General Motors (GM) Shares Are Getting Obliterated Today
Shares of automotive manufacturer General Motors (NYSE:GM) fell 11.1% in the afternoon session after the company reported ...