Browsing: General Motors (GM)
GM will pay $146m in penalties because 5.9 million of its older vehicles pollute too much
General Motors will pay nearly $146 million in penalties to the federal government because 5.9 million of its older vehicles do…
Thousands of car dealerships in limbo during peak-buying season after second cyberattack wallops industry
Auto retailers across the U.S. are likely to be out of service for days following a second major cyberattack at…
Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the hypercompetitive car market ‘as soon as they possibly can’
Detroit automakers General Motors (GM), Ford and Stellantis should abandon the competitive Chinese market “as soon as they possibly can”…
However, the data that the Fortune staff was compiling was primarily for internal use. It wasn’t until 1955, when then-assistant…
CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation
After a four-week internal investigation at $14 billion electronics manufacturer Jabil Inc., CEO Kenneth “Kenny” Wilson has abruptly resigned just…
Warren Buffett said Ferrari was ‘in a special place’ 8 months ago. Now it’s nearing a $100B market value
Warren Buffett isn’t big on automakers. As the Berkshire Hathaway CEO said at the conglomerate’s shareholder meeting last May: “The…
GM admits to ‘numerous’ failings in Cruise robotaxi debacle that saw CEO embarrassed and a pedestrian dragged 20 feet
General Motors Co. blamed poor leadership for mishandling its Cruise robotaxi crisis, an admission the company is hoping will help get its…
Cathie Wood warns GM and Ford electric vehicles slowdown is a mistake—one that will help Tesla and Elon Musk
Ark Invest CEO Cathie Wood has long been bullish on Elon Musk and Tesla. She’s also been expecting Detroit automakers…