General Motors will “substantially lower spending” on autonomous vehicle efforts in 2024 after accidents with its self-driving taxis in San Francisco.
Category: Barra, Mary T
Automakers Delay Electric Vehicle Spending as Demand Slows
Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.
Cruise Grew Fast and Angered Regulators. Now It’s Dealing With the Fallout.
The company, a General Motors subsidiary, has hired a law firm to investigate how it responded to regulators, as its cars sit idle and questions grow about its C.E.O.’s expansion plans.
U.A.W. Strikes Near an End After G.M. Reaches Tentative Deal
Tentative accords at Ford Motor, General Motors and Stellantis are the most generous in decades, raising costs as the industry shifts to electric vehicles.
Battle Over Electric Vehicles Is Central to Auto Strike
Carmakers are anxious to keep costs down as they ramp up electric vehicle manufacturing, while striking workers want to preserve jobs as the industry shifts to batteries.
U.A.W. Starts Strike Small, but Repercussions Could Prove Far-Reaching
The union targeted three factories: one run by General Motors, one by Ford and one by Stellantis. Prolonged walkouts could hurt the U.S. economy and President Biden.
As U.S. and Chinese Officials Meet, Businesses Temper Their Hopes
Chief executives in the U.S. have long pushed for closer ties between the two countries. Now they just hope a rocky situation won’t get worse.