About 47,000 workers should be eligible to receive the check, GM said. The GM-negotiated formula with the UAW for profit-sharing checks is $1,000 per every $1 billion in annual earnings before ...
GM’s bonus program is dependent on both an employee's performance and the company’s. The automaker, which reported fourth-quarter and full-year 2025 earnings on Jan. 27, fell short of the performance ...
As global energy demand surges—driven by AI-hungry data centers, advanced manufacturing, and electrified transportation—researchers at the National Renewable Energy Laboratory have unveiled a ...
At the Detroit Free Press Breakfast Club Series on Tuesday, automotive leaders Mark Reuss, of General Motors, and Roger Penske, a racing executive and business man, discussed the automotive industry.
Shares slid almost 3% Friday. The charges that will be recorded in the fourth quarter follow an announcement in October that the Detroit automaker would take a $1.6 billion charge for the same reason ...
General Motors said Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to the Trump administration’s ...
GM's $6 billion charge linked to EV investment reduction Most of the writedown tied to supplier payouts for canceled work GM is latest automaker to walk back EV plans after federal policy changes ...
Detroit — Once mistaken for a dusty pile of construction materials in a shuttered mall basement, a $1 million sculpture by a famed artist with ties to Detroit is the jewel of General Motors Co.'s ...
Tesla first introduced its digital key for the Tesla Model 3 in 2017, eight years ago. Some automakers are still living in the stone ages, including GM. That will soon change. GM invited several ...
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