GM reports 2025 pretax profit of $14.9 billion; takes $4 billion charge on China struggles
GM finally made EVs "variable profit positive," meaning the EVs revenue cover the costs to make them. Here are the goals for ...
Big Changes Are Coming To GM In 2025
It's looking like 2025 may be a turbulent year for vehicle manufacturers. Here's a review of some of the big changes expected at GM.
INVESTOR GROUP LED BY DETROIT PISTONS OWNER TOM GORES SUBMITS BID TO BRING THE WNBA BACK TO DETROIT
Equity Investors Include Tom and Holly Gores, Lions Principal Owner and Chair Sheila Ford Hamp, General Motors CEO Mary Barra ...
GM says its EV business has become ‘variable profit positive’— but experts say the automaker is still a ways out before it starts making money on electric cars
In the last quarter of 2024, General Motors said it had become “variable profit positive” for the first time for its electric ...
Trump’s new tariffs spark auto industry backlash
President Donald Trump’s latest trade bombshell will see huge new tariffs on goods from Canada, Mexico and China.
Detroit WNBA bid: Why did the Detroit Shock leave the city in 2010?
Bill Laimbeer was the Detroit Shock head coach for the title-winning seasons in 2003, 2006 and 2008, Rick Mahorn joined as an assistant in 2005; the two won the NBA championship with the Bad Boys ...
General Motors Cannot Pass All Tariffs Costs Onto Customers
General Motors’ lack of preparedness for tariffs raises concerns. Read why GM stock could face cost pressures that ...
GM cuts 1,000 jobs from Cruise, its abandoned self-driving taxi division
General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...
GM takes full control of Cruise in autonomous personal vehicle shift
General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...
Janesville Gazette5d
Shock-er: Pistons' Gores, group of mega-investors submit expansion bid for WNBA team
The WNBA could be on its way back to Detroit. An investment group, led by Detroit Pistons owner Tom Gores and including Detroit Lions principal owner Sheila Hamp and General Motors CEO Mary Barra, ...
Column: Did business leaders do enough to head off Trump's tariff saber-rattling? Obviously not
Business leaders wrung their hands over the prospect of a tariff war started by Trump, but they didn't take a strong enough ...