general motors – Page 2 – One America News Network

Tesla electric vehicles are parked in a storage lot outside a disused movie theatre in Scottsdale, Arizona, U.S., June 11, 2024. REUTERS/Go Nakamura/File Photo

Consumers boosted 2024 U.S. new-car sales to five-year high

New-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories and higher incentives.

People charge their electric cars at a Tesla super charging station next to an EVgo electric charging location in Carlsbad, California, U.S., March 7, 2022. REUTERS/Mike Blake/File Photo

US EPA approves California plan to ban gas-only cars starting in 2035

The U.S. Environmental Protection Agency said on Wednesday it has approved California’s landmark plan to end the sale of gasoline-only vehicles by 2035.

BROWNSTOWN TOWNSHIP, MI - AUGUST 13: A Chevrolet Volt extended-range electric vehicle sits at an event where Fritz Henderson, CEO and President of General Motors, announced that GM will invest $43 million in Brownstown Township, Michigan to manufacture lithium-ion battery packs for the Chevrolet Volt and other extended-range electric vehicles at the GM Brownstown Battery Assembly facility August 13, 2009 in Brownstown Township, Michigan. The facility is the first lithium-ion battery manufacturing plant in the U.S. operated by a major automaker. (Photo by Bill Pugliano/Getty Images)

GM Cuts 1K Jobs In Cost-Cutting Reorganization

General Motors laid off almost 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions.

A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly/File Photo

Wall Street tumbles as yields jump; Verizon slides

U.S. stock indexes sagged on Tuesday as rising Treasury yields impacted rate-sensitive sectors, while investors evaluated earnings to assess the health of American companies.

Tesla CEO and X owner Elon Musk rides in Tesla's robotaxi at an unveilling event in Los Angeles, California, U.S. October 10, 2024 in this still image taken from video. Tesla/Handout via REUTERS

Tesla CEO Elon Musk unveils ‘Cybercab’ robotaxi

Tesla CEO Elon Musk showcased on Thursday a long-awaited robotaxi with two gull-wing doors and no steering wheel or pedals and surprised with robovan.

GM Recalling 450K SUVs, Pickups That Fail To Issue Faulty Brake Fluid Warning Light

General Motors (GM) announced it’s recalling 449,000 of its SUVs and pickup trucks due to the electronic brake control module software failing to display a warning light when losing brake fluid takes place.