GENERAL MOTORS
Ford, General Motors Decline in Shares After Being 'Downgraded' by Morgan Stanley Analysts
Analysts from Morgan Stanley have reportedly "downgraded" Ford and General Motors, causing a decline in shares from the automakers.
By Israel Monte
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1,000 Software, Service Employees Laid Off as GM Prioritizes Investments With ‘Greatest Impact’
General Motors has cut off over 1,000 software and service employees to prioritize investments. General Motors has laid off hundreds of salaried employees in its software and service departments.
By Israel Monte
General Motors Recalls More Than 21,000 Electric SUVs Over Braking Concerns: Report
More than 21,000 electric SUVs were recalled by General Motors because of braking system issues. General Motors recalled thousands of SUV units due to braking system problems.
By Israel Monte
Cadillac Showcases Shelved Expressive Coupe Concept: Finally Revealed
Cadillac unveils a groundbreaking concept with the Cadilla Expressive Coupe Concept. After years of anticipation, this visionary project takes center stage. The design cues from the Escala concept blend seamlessly, creating a concept brimming with elegance and innovation. Welcome to a new era of automotive excellence.
By Dabbie Davis
GM $850 M Investment Pushes Cruise Robotaxis Project while Slashing EV Production
General Motors has made an $850 million investment in Cruise to reinvigorate its operations. This injection of capital follows a challenging period marked by accidents and internal adjustments, with Cruise temporarily halting its taxi services. The funding aims to propel Cruise forward as it resumes testing in Phoenix, Dallas, and Houston.
By Dabbie Davis
GM Addresses Electric Motor Wire Issue, Recalls Certain EVs: Cadillac, Chevy with Crash Risk
General Motors has issued a safety recall for select 2024 models of Cadillac Lyriq, Chevy Silverado EV, Chevy Blazer EV, GMC Hummer EV SUV, and GMC Sierra EV due to a potential defect leading to unexpected loss of propulsion. The issue stems from a fault in the drive unit stator assembly.
By Dabbie Davis
GM Lifts the Veil on Chevy PEV2 and PEV3 Concepts, Innovative Solutions Revealed
GM Design unveils the PEV2 and PEV3 concepts, featuring innovative seating layouts for enhanced maneuverability and space efficiency. These compact electric vehicles offer a practical solution for urban transportation needs, with a focus on minimal space occupancy and convenient parking.
By Dabbie Davis
2024 Cadillac XT5 Faces Recall for Airbag Tear During Deployment Issue
Cadillac is recalling 74 XT5 vehicles manufactured between February 16 to 26, 2024, due to potential airbag defects from Joyson Safety Systems. Concerns arise over compromised airbag effectiveness in collisions if the driver-side front airbag tears. General Motors is proactively addressing this safety issue to safeguard customers.
By Dabbie Davis
