GM
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Shares of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause sticker prices to soar even further. Trump said that he would impose additional 10% levies on goods from China and 25% on all products from Mexico and Canada – critical trade routes for the auto…
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This week, the chief executives of U.S. automakers Ford and General Motors (GM) said that to counter Chinese rivals moving into the U.S. and European markets, they are open to working together to cut electric vehicle (EV) technology costs. At a conference sponsored by Wolfe Research, GM CEO Mary Barra told investors, “If there are…
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Just weeks after California banned its self-driving vehicles from public roads after an accident last month, Cruise, the robotaxi unit of General Motors (GM), is planning to re-launch its service in an unspecified city before expanding it to others. Last week, the company said that while it conducts a safety review of its robotaxis, it…
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General Motors Company has announced plans to recall over a million pickup trucks and sport utility vehicles in the United States. The National Highway Traffic Safety Administration said that the recall has been issued because the power-assisted steering can briefly shut down. According to a document filed with the auto safety regulator, GM has highlighted…
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