General Motors

GM Has Lost $600M, Thousands Impacted By Strike

(CNN) - $600 million! That's how much one consulting firm says General Motors will soon lose in profits by week's end because of an ongoing strike. The Anderson Economic Group warns GM could lose $90-million a day if the…

UAW Strike Leaves Thousands Of Workers Furloughed

(CNN) - Negotiations between General Motors and the United Auto Workers Union have reached the main bargaining table with lead negotiators from both sides, according to a letter detailing the status obtained by CNN. UAW vice president Terry Dittes…

Automakers Commit To Reducing Hot Car Deaths

(CNN) - Automakers are making a pledge to reduce hot car deaths. The alliance of automobile manufacturers says 20 automakers; including General Motors, Ford, BMW, Toyota, and Honda have promised to install rear seat reminder features in all cars…

Renault Considering Merger With Fiat Chrysler

Detroit,MI (WXYZ) - French carmaker Renault is considering a merger with Fiat Chrysler. A deal that would reshape the global auto industry and help the companies compete in the race for electric and self-driving cars. Fiat-Chrysler owns brands including…

Auto Workers' Union Sues GM To Keep 3 Plants Open

(CNN) - The United Auto Workers union is suing General Motors. According to the lawsuit filed Tuesday , the union is asking the court to order GM to reverse its decision to close plants in Baltimore; Lordstown, Ohio; and…

At Least 1,100 GM Factory Workers Will Get New Jobs

(CNN) - General Motors is explaining how workers will be impacted when it closes five factories. The car manufacturer also plans to cut 14,000 jobs, but some of those workers will be able to transfer to other GM facilities.…

General Motors Cutting Staff, Closing 5 Plants

(CNN) - Big news from a major vehicle manufacturer. General Motors announced Monday it will close five plants in North America and cut 15% of its salaried staff, including a quarter of the company's executives. It's all part of…

General Motors Offers Buyouts to 18,000 Workers

(CNN) - General Motors looks to be trimming its white-collar workforce. The U.S. auto giant says it will offer buyouts to more than one-third of its white-collar staff in the U.S. That's about 18,000 salaried employees with 12 or…

GM: Tariff Could Force Job Cuts, Raise Cost of Cars

(CNN) - GM is warning the Trump administration's proposed tariffs could force the automaker to cut jobs. The tariffs could also raise the price of cars, perhaps by thousands of dollars. The warning came in a filing with the…

GM Scraps Monthly Auto Sales Reports

(CNN) - General Motors; the largest seller of automobiles in the U.S. is doing away with the long-held practice of issuing monthly sales reports. Reporting sales numbers at the start of each month is standard practice in the auto industry.…