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...General Motors is to scale back ambitions for its self-driving unit Cruise following a pedestrian injury last month, which led it to suspend testing....
...GMO, TIC and Toyota Motor all declined to comment....
...Last month, the FT reported General Atlantic had filed confidentially for a public listing in the US. General Atlantic declined to comment....
...General Motors shares were up 4.4 per cent in pre-market trading in New York....
...Private health sales rose 41 per cent in 2023, as Aviva continued to benefit from strains on public healthcare, while premiums from general insurance such as car insurance also grew....
...Update: My book looked at what happened after General Motors closed its assembly plant in Janesville, Wisconsin, during the Great Recession....
...Collectively, companies including Tesla, Alphabet, General Motors, Uber, Baidu and Ford have invested billions of dollars in the technology. Safety records are impressive....
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
...General Motors also announced it would buy back $10bn of shares and increase its quarterly dividend by 3 cents per share to 12 cents....
...General Motors’ Cruise faces probes by numerous federal and state authorities, including the Department of Justice and Securities and Exchange Commission, after an accident that led to the shutdown of driverless...
...Nearly two-thirds of the voting members of the United Auto Workers union voted to ratify their contracts with Ford, General Motors and Stellantis after their historic strike against the three Detroit automakers...
...Unionised workers at General Motors ratified a tentative contract that gives them a 25 per cent raise over the next four years, while restoring cost-of-living adjustments and granting retirees a one-time...
...General Motors has reached a tentative deal with the United Auto Workers union to end a six-week strike that also hit Ford and Stellantis, in what was the first co-ordinated walkout by workers at the three...
...Autonomous vehicle safety has been in the spotlight since early October, when a robotaxi operated by Cruise, the General Motors driverless car division, collided with a pedestrian and then dragged the person...
...It also has an alliance with General Motors in fuel-cell vehicles and self-driving technology, but the two carmakers last year scrapped plans to jointly develop affordable EVs owing to differences over cost...
...General Motors has announced plans to return “significant capital” to shareholders as the US carmaker seeks to move past difficulties with its ambitions for electric vehicles and driverless cars and from...
...The co-founder and chief executive of General Motors-owned Cruise has resigned, weeks after the self-driving car company paused driverless operations and California regulators barred its vehicles from the...
...The company disclosed it had sold off its remaining position in carmaker General Motors during the three months to the end of September, an investment that was worth roughly $850mn in the previous quarter...
...Separately, the United Auto Workers is on strike against Ford, General Motors and Stellantis in the US....
...Despite selling just 24,000 cars last year, Vietnam’s VinFast this month soared into the ranks of the world’s most valuable automakers — far surpassing rivals such as Volkswagen, Ford and General Motors,...
...Honda already has an alliance with General Motors to use its battery technology, though it did not specify whether this partnership would be affected....
...Other companies: PepsiCo, Freeport McMoran, Halliburton, GE Aerospace, RTX, Lockheed Martin, NextEra Energy, UPS, Philip Morris, Spotify, General Motors and Kimberly-Clark are reporting earnings before the...
...The United Auto Workers union and General Motors reached a tentative deal on Monday. It would end a six-week strike that also hit American car companies Ford and Stellantis....
...Israeli ground forces pushed deeper into the Gaza Strip on Monday, General Motors has reached a tentative deal with the United Auto Workers union, and the social media platform X, formerly known as Twitter...
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