General Motors Co. (GM)
GM lays off 1,700 in Michigan and Ohio amid slower EV demand
General Motors is laying off about 1,700 workers across manufacturing sites in Michigan and Ohio, as the auto giant adjusts to slowing demand for electric vehicles.
GM Laying Off 1,700 At Electric Vehicle And Battery Plants, Citing ‘Slower' EV Adoption
General Motors will lay off about 1,200 workers at its electric vehicle plant in Detroit, the automaker told multiple outlets on Wednesday, as well as 550 at a battery facility in Ohio as the company responds to “slower” electric vehicle adoption.
GM cuts thousands of EV and battery factory workers
General Motors is laying off thousands of workers across multiple electric vehicle and battery plants in the U.S., according to multiple outlets.
General Motors Lays Off Thousands of Electric-Vehicle Workers in U.S. Plants
The automaker is also cutting 550 jobs at its battery plant in Ohio.
GM lays off more than 1,700 at sites in Michigan, Ohio, citing EV challenges
General Motors laid off more than 1,700 workers across manufacturing sites in Michigan and Ohio, the company confirmed to CNBC. The layoffs include jobs at Detroit's electric vehicle plant and Ohio's Ultium Cells battery cell plant, in addition to temporary layoffs at Ultium Cells' Tennessee plant.
Buy These 5 Best Value Stocks to Make the Most of Price-to-Book Ratio
Here we present five stocks, StoneCo, PagSeguro Digital, General Motors, Itron and Newmont, for value investors using the price-to-book ratio strategy.
All You Need to Know About General Motors (GM) Rating Upgrade to Strong Buy
General Motors (GM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Best Momentum Stock to Buy for Oct. 27th
PRM, GM and ISRG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 27, 2025.
Best Value Stock to Buy for Oct. 27th
GSL, GM and PEB made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 27, 2025.
Cathay General: Earnings Outlook Remains Upbeat; Upgrading To Buy
Loan growth is set to slow down because of economic factors. Margin will likely continue to expand as deposit costs will fall in response to rate cuts. 3Q's provision expense was elevated because of two movie theaters. Provisions will likely dip from the 3Q's level.
GM Cuts More Than 200 White Collar Jobs in Detroit
The move comes days after GM's stock surged to a record price following better-than-expected earnings and a rosier outlook for the impact of automotive tariffs.
GM Posts Largest Gain Since the Pandemic: Shares Still Look Cheap
Shares of Detroit Three automaker General Motors NYSE: GM have been underwater for most of 2025, with tariffs, EV difficulties, and economic uncertainty depressing sentiment. However, things just swung massively in the right direction.
