Imagine you are finally ready to buy that Tesla Model S or X you’ve been eyeing for years. They still feel like the sweet ...
General Motors announced plans to lay off nearly 1,200 Detroit workers due to a slowdown in the electric vehicle market, ...
GM is ending Oshawa’s third shift, moving truck production to Indiana, and drawing backlash over job losses and political ...
Fast Lane Only on MSN
EV debacle forces GM to slash 2,900 jobs and close $102M facility
General Motors is confronting the harshest fallout yet from its electric vehicle strategy, cutting 2,900 jobs and shutting a $102 million factory in the Midwest as demand and policy support fall short ...
First Brands Group, an auto-parts manufacturer with deep ties to major carmakers, has warned of layoffs at two Texas facilities—as federal prosecutors allege the company's founder helped orchestrate a ...
Ingersoll, Canada, population 13,000, relies heavily on the General Motors plant in town, and stands to lose much more if it ...
Kimberly-Clark Corp.’s board of directors on Tuesday declared an increase in its regular quarterly dividend to $1.28 per share, up ...
DETROIT – General Motors Co. on Tuesday reported a loss of $3.31 billion in its fourth quarter. On a per-share basis, the Detroit-based company said it had a loss of $3.60. Earnings, adjusted for ...
The Daily Overview on MSN
GM slashes 2,900 jobs, shutters $102M plant as EV dream unravels
General Motors is ripping up a key part of its electric-vehicle playbook, cutting 2,900 jobs and closing a $102 million ...
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