Reuss said GM had eliminated 2,700 unique parts, including seat assemblies and wiring harnesses, from its inventory. On average, the company is seeing a 10% reduction in total part numbers per ...
According to The New York Times, GM will collect around $800 million in subsidies from the government for manufacturing EV batteries in the US thanks to the Biden administration’s Inflation ...
A huge shake-up in the Washington Mystics organization was announced Wednesday, as the franchise said it has "mutually agreed to part ways" with general manager Mike Thibault and head coach Eric ...
"With a majority of auto parts coming from China, automotive supply chains will be affected." On Tuesday, just hours after GM reported it made $4.1 billion in pretax adjusted income in the third ...
ARLINGTON, Texas -- The Texas Rangers promoted Ross Fenstermaker to general manager, hired Cole Figuerora as assistant GM and named Justin Viele their new hitting coach on Monday. Fenstermaker's ...
GM stock has gained 34% this year, driven by expectations of improving profitability and higher truck sales. This compares to rival Ford stock, which has seen its stock fall by almost 10% over the ...
General Motors Co (NYSE:GM) showcases resilience with a market share rebound and robust financial performance. GM's strategic initiatives and financial acumen position it well amidst industry ...
But GM did experience some higher costs. Its warranty costs rose by $700 million in the quarter due in part to inflation making parts more expensive and some "issues" the automaker had to fix on ...
During the 2024 WNBA Finals, Minnesota coach and president of basketball operations Cheryl Reeve commented on the wave of firings, linking it, in part, to the newfound interest around the sport.
"GM will begin winding down operations at Kapuskasing Proving Grounds, which has made significant contributions to GM’s North American cold weather testing for over 50 years," GM Canada ...
That means GM is selling cars at higher average prices this year than it was in 2023. Its average transaction price in North America reached nearly $50,000. GM last year estimated that the strike ...
Earnings were in part fueled by GM's ongoing aggressive share repurchase activity — in the quarter it reduced its share count by 19% from the prior year. Jacobson said GM will continue to ...