general motors
Car prices could surge 10% or more as UAW strike enters second week
Car prices could surge 10% and more, according to experts -- even as the bitter standoff threatens GM and Ford with punishing losses as high as $125 million a week.
Sen. Bernie Sanders addresses General Motors, Stellantis and Ford: 'Time to end your greed'
Senator Bernie Sanders condemned auto corporations and cheered on UAW strikers.
Biden backs auto union in strike for 40% pay hike and 32-hour week
President Biden endorsed a United Auto Workers strike at manufacturing plants of the "big three" domestic car makers as the union demands a 40% pay raise and a 32-hour work...
Elon Musk's Tesla is big winner in UAW strike, analysts say: 'Put champagne on ice'
"This is a potential nightmare situation for GM and Ford," according to Daniel Ives of Wedbush Securities.
UAW, Detroit automakers remain far apart as midnight strike deadline nears
"To win, we're likely going to have to take action," UAW President Shawn Fain said.
Hammer-wielding man bashes controversial robotaxi in San Fran: 'Hero or villain?'
Viral video that was posted on the X social media platform showed the masked man hammer away at the car's cameras, windshield, windows, and sensors.
Potential UAW strike could cut production, push up car prices: analysts
The auto industry is on edge as the current four-year contracts between the UAW and General Motors, Ford Motor and Stellantis for hourly US workers expire on midnight Sept. 14.
Biden says he thinks US auto workers' strike unlikely to happen: 'I'm not worried'
U.S. President Joe Biden said on Monday that he did not think workers at the nation's three large automakers were likely to go on strike, despite a looming contract deadline...
UAW union authorizes strike at Detroit Three automakers as talks hit snag
While strike authorization votes are a common bargaining tool in the US auto sector and other industries, the tension surrounding this year's contract talks in Detroit is new.
GM's Cruise to slash robotaxi fleet in San Francisco by 50% after collisions
The California Department of Motor Vehicles told CNBC that the start-up made the move after several road incidents involving self-driving taxis.
Here's what Warren Buffett is betting big on — and what he's cutting stake in
The investments were disclosed in a regulatory filing that detailed Berkshire's US-listed stock holdings, which comprise most of its $353.4 billion equity portfolio, as of June 30.
Cadillac unveils all-electric Escalade IQ, a $130,000 luxury SUV
Cadillac unveiled its electric Escalade IQ on Wednesday, and the SUV delivers on its high-tech promises with automatic driving and parking features, a 55-inch dash screen and 126 interior lighting...
Major automakers launching electric vehicle charging network to challenge Tesla
The dramatic move is intended to speed the adoption of electric vehicles, allaying fears that chargers won’t be available for long distance travel.
Electric car owners fed up with useless, overly complicated tech features: survey
According to a JD Power survey, owners of 2023 model-year vehicles rated their satisfaction an 845 out of 1,000, citing high-tech, irksome infotainment systems as reason for their discontentment.
GM adopts Tesla's EV charging system in win for Elon Musk: 'This is pretty huge'
Investors applauded the deal, and the prospect of one charging hardware standard for the North American market. GM shares rose more than 4% after the bell and Tesla shares rose...
GM says 5,000 employees took voluntary buyouts, expects $1B savings
General Motors expects to avoid the need for more layoffs after the buyouts.
GM to stop making iconic Chevrolet Camaro after sales slump
The current sixth-generation Camaro -- introduced in 2016 -- has done well on the racetrack, but sales have been tailing off in recent years.
GM explores using ChatGPT in cars as part of Microsoft partnership
"ChatGPT is going to be in everything," GM Vice President Scott Miller said.
GM buyout: Workers offered severance packages of up to 12 months
GM announced late last month that it would be slashing jobs and cutting some $2 billion in costs over the next two years.
GM offers salaried employee buyouts, will take up to $1.5B charge
The announcement comes as layoffs by US companies in the past two months touch their highest since 2009.