GM News Updates

Business, Technology

GM Misses 2023 EV Goal by Half as Production Woes Persist

General Motors Co. missed its goal of producing 150,000 electric vehicles last year, with about half of them being new models built using its Ultium battery pack, by a significant margin.

January 4, 2024
Government, Business, Technology, Autonomous

Cruise Lays Off 900, Multiple Executives as Fallout Worsens

Cruise LLC, the autonomous vehicle unit owned by General Motors Co., is cutting 24% of its workforce, extending a sweeping overhaul of the business after dismissing nine top executives.

December 14, 2023
Business, Technology

GM’s All-Electric Pledge Hinges on Demand, CEO Barra Says

General Motors Co.’s pledge to have an all-electric fleet by 2035 hinges on consumer acceptance, Chief Executive Officer Mary Barra said.

December 5, 2023
Business, Technology, Autonomous

GM Says Strike Cost $1.1 Billion, but Raises Dividend

General Motors says pretax earnings took a $1.1 billion hit due to production lost during the UAW's strike, but the company expects to absorb the new contract's costs and raised its dividend.

November 29, 2023
Business, Technology, Safety, Autonomous

Cruise CEO Resigns Amid Safety Concerns, Recalls

Kyle Vogt has resigned as CEO of Cruise, General Motors’ autonomous vehicle unit, as questions build about the safety of self-driving cars.

November 20, 2023
Business, Technology, Equipment, TCA

GM Absorbs Electric Van Subsidiary BrightDrop Into Company

BrightDrop, a General Motors Co. commercial electric vehicle startup formed in 2021, no longer will operate as a subsidiary and is now becoming part of GM, the automaker said Nov. 16.

November 17, 2023
Government, Business, Equipment

General Motors Union Workers Ratify New Labor Contract

United Auto Workers union members have voted to approve a new contract with General Motors, making GM the first Detroit automaker to ratify a deal to end a labor dispute and crippling strikes.

November 16, 2023
Government, Business, Technology, Safety, Autonomous

Cruise Recalls Cars After Pedestrian Was Dragged

DETROIT — GM's Cruise autonomous vehicle unit is recalling all 950 of its cars to update software after one of them dragged a pedestrian to the side of a San Francisco street in October.

November 8, 2023
Government, Business, Equipment

GM Reaches Tentative Deal With UAW to End Strike

General Motors Co. reached a tentative agreement with the United Auto Workers, according to people familiar with the matter, bringing an end to a 6-week-old strike.

October 30, 2023
Business, Technology, Equipment, Fuel

Honda Halts Plans With GM to Develop Smaller EVs

Honda Motor Co. is shelving plans to jointly develop affordable electric vehicles with General Motors Co. due to a changing business environment, CEO Toshihiro Mibe said.

October 25, 2023