The dominoes started to topple when automaker Ford decided in January to end its relationship with Jack Cooper, bringing the curtain down on an approximately 40-year relationship.
February 14, 2025GM News Updates
Auto Hauler Jack Cooper Shuts Down After Losing Ford, GM
GM and Ford Lobby to Save EV Tax Incentives
Among the options being floated if the Trump administration moves to strike EV incentives is a three-year wind down to allow more time for the companies to adjust their businesses.
February 11, 2025China’s 10% Tariff on US Cars Hits GM, Ford SUVs
China’s 10% additional tariff on vehicles with engines larger than 2.5 liters imported from the U.S. took effect Feb. 10.
February 10, 2025GM’s Cruise to Slash 1,000 Jobs as Robotaxi Service Shutters
General Motors is cutting almost half of the workforce in its Cruise driverless car unit, according to an internal memo and people familiar with the matter, part of a previously announced plan.
February 4, 2025GM Reports Q4 Loss on Charges Related to China
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.
January 28, 2025NHTSA Probes Engine Failure Risk in 870,000 GM Trucks
U.S. auto safety regulators are probing General Motors Co. over concerns that more than 870,000 of its full-size pickup trucks and SUVs face the risk of engine failure.
January 17, 2025FTC Bans GM From Sharing Driving Data
General Motors will be banned for five years from disclosing data that it collects from drivers to consumer reporting agencies as part of a settlement with the government.
January 17, 2025Microsoft Sees $800 Million Charge on Stake in GM’s Cruise
Microsoft Corp. plans to take an $800 million charge after General Motors Co. said it was shutting down its autonomous taxi initiative.
December 11, 2024GM to Wind Down Robotaxi Operations Championed by CEO Barra
General Motors Co.’s Cruise self-driving car unit will exit the robotaxi business, a retreat from a market that proved costly and full of reputational pitfalls for the automaker.
December 10, 2024Losses in China Lead to $5 Billion Charge for GM
DETROIT — The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in Q4.
December 4, 2024Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics