General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit’s operations, according to CNBC.
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Tag: general motors
Ford pivots from EV plans to heavy-duty trucks at Canada facility
Ford outlined plans to use a Canadian plant earmarked for future electric vehicles to instead build larger, gas-powered versions of its F-Series pickup truck.
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US safety probe into Waymo self-driving vehicles finds more incidents
The National Highway Traffic Safety Administration said it has learned of nine additional incidents that raise concerns about the performance of Alphabet’s Waymo self-driving vehicles.
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UAW’s influence tested in pivotal Alabama Mercedes-Benz factory union vote
The outcome of a vote on Friday by workers at a Mercedes-Benz factory in Alabama will be a key referendum on whether the UAW can maintain momentum in the historically anti-union South.
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GM and Ford count on gas-powered trucks as EV growth slows
GM and Ford face a challenge in common when explaining to investors where profit growth will come from.
Read More GM and Ford count on gas-powered trucks as EV growth slows
Industry pain abounds as electric car demand hits slowdown
A near-term global slowdown is causing pain, including bankruptcies, scrapped initial public offerings and production cuts.
Read More Industry pain abounds as electric car demand hits slowdown