GM News Updates

Business, Equipment, Logistics, For-Hire, Top 100

Auto Hauler Jack Cooper Shuts Down After Losing Ford, GM

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, 2025
Government, Business, Technology, Equipment, Fuel

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, 2025
Government, Business, Equipment

China’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, 2025
Business, Technology, Safety, Autonomous

GM’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, 2025
Business, Equipment

GM 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, 2025
Government, Business, Technology, Safety

NHTSA 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, 2025
Government, Business, Technology, Safety

FTC 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, 2025
Business, Technology, Autonomous

Microsoft 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, 2024
Business, Technology, Safety, Autonomous

GM 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, 2024
Government, Business, Equipment

Losses 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, 2024