GM’s Cruise Prepares to Resume Robotaxi Testing After Halt
GM’s Cruise autonomous unit is nearing the resumption of testing in the coming weeks, with Houston and Dallas emerging as potential locations, according to people with knowledge of the matter.
GM’s Net Income Rose 12% in 2023 Despite Costly Strike
DETROIT — General Motors’ net income rose 12% last year despite losing more than $1 billion when many of its plants were shut down by a six-week autoworkers’ strike.
Justice Department Inquiring Into Cruise Collision Fiasco
SAN FRANCISCO — General Motors is facing a U.S. Justice Department investigation into a collision that critically injured a pedestrian and derailed its self-driving car ambitions.
GM Misses 2023 EV Goal by Half as Production Woes Persist
General Motors Co. missed its goal of producing 150,000 electric vehicles last year, with about half of them being new models built using its Ultium battery pack, by a significant margin.
GM Slams San Francisco in Lawsuit Over $108 Million Tax Bill
General Motors Co. said in a lawsuit that San Francisco unfairly taxed it $108 million over seven years, despite the automaker having very low sales and almost no personnel in the city.
GM, Autocar Team Up on Hydrogen Fuel Cell-Powered HD Trucks
Automotive giant General Motors is to team up with Birmingham, Ala-based Autocar Industries to develop a range of hydrogen fuel cell-powered heavy-duty vocational trucks, the companies said.
GM’s All-Electric Pledge Hinges on Demand, CEO Barra Says
General Motors Co.’s pledge to have an all-electric fleet by 2035 hinges on consumer acceptance, Chief Executive Officer Mary Barra said.
Cruise Could Face Fines for Allegedly Misleading Regulators
Cruise, the self-driving vehicle unit of General Motors, could face a fine for allegedly misleading regulators about an incident in which one of its cars dragged a pedestrian.
GM Says Strike Cost $1.1 Billion, but Raises Dividend
General Motors says pretax earnings took a $1.1 billion hit due to production lost during the UAW's strike, but the company expects to absorb the new contract's costs and raised its dividend.
Cruise CEO Resigns Amid Safety Concerns, Recalls
Kyle Vogt has resigned as CEO of Cruise, General Motors’ autonomous vehicle unit, as questions build about the safety of self-driving cars.
November 20, 2023