The jobs lost were Computer-Aided Design engineers who worked at the Detroit campus. “We’re restructuring our design engineering team to strengthen our core architectural design engineering ...

General Motors Co. said it would take a $1.6 billion charge and pull back on planned electric-vehicle investments after the federal government scrapped a key tax credit. The company said $1.2 billion ...

General Motors Financial Co. sold $2 billion of auto loans to at least one investor in a private deal last quarter, overseen by Goldman Sachs Group Inc. The sale included loans made to prime, or ...

Jaipur: Rajasthan High Court Monday directed the Food Safety and Standards Authority of India (FSSAI) and the central govt to establish comprehensive safety standards and regulatory mechanisms for ...

GM's $1.6 billion charge linked to EV capacity adjustments GM may incur further charges due to capacity reassessment Automaker expects EV adoption to slow Oct 14 (Reuters) - General Motors (GM.N), ...

General Motors will record a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. Shares ...

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...

John Murphy, a managing director of strategic advisory at Haig Partners, joined WSJ’s Take On the Week to break down the massive shifts under way in the auto industry. Photo: WSJ In a regulatory ...

(Reuters) -General Motors said on Tuesday it would take a $1.6 billion charge in the third quarter as it reshapes its electric vehicle strategy following the scrapping of a key federal incentive that ...

GM is halting development of next-generation hydrogen fuel cells to double down on EVs, parting ways with Toyota and BMW’s continued investment in hydrogen tech. GM ends next-generation hydrogen fuel ...

GM has scrapped plans to build $55 million hydrogen fuel cell factory in Detroit, triggering a tsunami of headlines about the General’s future plans for hydrogen. The reality? GM isn’t scaling back ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. General Motors Co. has canceled its next-generation ...