General Motors Company (GM)
General Motors slashes another 1,000 jobs to cut costs
General Motors is laying off nearly 1,000 workers in the U.S. as part of a cost-cutting bid, just three months after cutting 1,000 software jobs.
GM's Cruise admits submitting false report to robotaxi safety investigation
General Motors unit to pay $500,000 fine after failing to disclose key details of 2023 San Francisco crash to NHTSA
General Motors to lay off 1,000 workers
General Motors (GM) has announced plans for another round of workforce reductions. According to the company's statement issued to AP, GM intends to lay off approximately 1,000 employees as part of an effort to "optimize for speed and excellence" across its operations.
GM lays off 1,000 employees amid reorganization, cost-cutting
GM laid off roughly 1,0000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the decision. The layoffs, which were announced Friday morning via email to those impacted, were across the business.
GM's Cruise to pay $500,000 fine to DOJ, admits submitting false report
Cruise, the autonomous vehicle unit of General Motors, has admitted to submitting a false report with the goal of influencing a federal investigation into a safety incident last year. In penance, the company will pay a $500,000 criminal fine as part of a deferred prosecution agreement, per the Department of Justice (DOJ).
GM laying off nearly 1,000 workers, most in US, source says
General Motors is laying off nearly 1,000 workers worldwide, most in the U.S., as it looks to streamline operations, a source told Reuters on Friday.
GM self-driving unit Cruise admits to submitting false report, will pay $500,000 fine
General Motors' self-driving car unit, Cruise, admitted on Thursday to submitting a false report to influence a federal investigation and will pay a $500,000 fine as part of a deferred prosecution agreement, the Justice Department said.
GM to recall nearly 80,000 vehicles over transmission issues, NHTSA says
General Motors will recall 77,824 vehicles as incorrect software in the transmission control module may cause the vehicle to move in an unintended direction, the U.S. National Highway Traffic Safety Administration said on Thursday.
Here is Why Growth Investors Should Buy General Motors (GM) Now
General Motors (GM) is well positioned to outperform the market, as it exhibits above-average growth in financials.
GM to recall more than 461,000 vehicles over transmission issues, NHTSA says
General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday.
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Value investing is essentially about selecting stocks that are cheap but fundamentally sound. STNE, SKX, PFE and GM boast a low P/CF ratio.
What Makes General Motors (GM) a New Buy Stock
General Motors (GM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
