Ford, GM, Stellantis, Toyota Beg Trump Not To Axe EV Tax Credits
Automakers who have invested billions in electric tech now fear they’ll be rendered uncompetitive if the new administration ...
GM Authority1d
2025 GMC Yukon Denali Lineup Officially Launches In China
The 2025 GMC Yukon Denali has officially launched in China via the company’s The Durant Guild platform, offered in Denali and ...
GlobalData on MSN3d
Shanghai-GM to restructure as sales plunge
GM is struggling to keep up with China's rapid transition to new energy vehicles (NEVs) and competition from local OEMs.
The world's auto giants will need to partner with Chinese companies to survive in China, analysts say
Time is running out for traditional foreign automakers to adapt to China's electric car market, signaling to industry ...
GM lays off 1,000 workers, even as it nears record profits
Even before the cost-cutting measures, GM was already on track to surpass its 2022 record profit of $14.5 billion. The company’s third-quarter results were strong, with an adjusted profit of $3.4 ...
GM cutting another 1,000 jobs despite growing profits. Here's why
GM isn't alone in cutting personnel this year. Legacy automakers and startups have taken similar measures as markets, ...
GM Authority1d
SAIC-GM-Wuling, CATL Announce Commercial EV Battery Swap Strategy
SAIC-GM-Wuling and battery manufacturer CATL will develop a new commercial EV battery swapping strategy in China, with ...
Auto worker wipeout: Why car companies are cutting thousands of jobs
Major carmakers like Ford, GM, Stellantis, and VW have announced layoffs and factory closures in recent weeks amid industry ...
Yahoo Finance3d
Shanghai-GM to restructure as sales plunge
The company’s brands and products are clearly out of favor in the world’s largest market, and the escalating trade war between China and the US is not helping. GM invested heavily in ...