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The Latest Breaking News from GM

General Motors is offering buyouts in an effort to cut $2 billion in costs

The Detroit automaker says the buyouts will be offered to most U.S. salaried workers and some global executives.

WEKU

GM offers US employees voluntary separation program

DETROIT — To achieve $2 billion in cost savings, General Motors Co. is offering a voluntary separation program to its employees, the automaker confirmed Thursday.

Tribune News Service

GM offers buyouts to most US salaried workers to trim costs

General Motors is offering buyouts to most of its U.S. salaried workforce and some global executives in an effort to trim costs as it makes the transition to electric vehicles

The Independent UK

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Ford explains Supercars engine parity stance

The Blue Oval has been central to a parity push in the latter stages of development of the new Gen3 cars, voicing concerns over both aero balance and engine performance.

Motorsport

2023 Supercars Newcastle 500 session times and preview

A full field of brand new Ford Mustangs and Chevrolet Camaros will contest two 250-kilometre races on the Newcastle street circuit.

Motorsport

The major moments that made Holden a motorsport force

Holden’s involvement in top-level professional motor racing is officially over. In a quirk of timing, the marque’s presence on track outlasted its existence in the showrooms by two years. It was back in early 2020 when General Motors announced that its famous Australian manufacturer would cease to exist at the…

Autosport

Report: GM To Partner With Samsung SDI On Cylindrical Batteries

According to more and more media reports, General Motors is expected to announce a new EV battery-related partnership with Samsung SDI.

InsideEVs

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GM Ultra Cruise Is Challenging Tesla’s Autopilot for the Self-Driving Crown

GM will launch Ultra Cruise with the Cadillac Celestiq luxury sedan, which will be available on 2 million miles of road in the U.S. and Canada.

Inverse

2 Hot Stocks You Don't Want to Miss

While the Fed’s aggressive policy has impacted demand, the auto industry is expected to witness a recovery this year. Hence, fundamentally strong auto parts stocks General Motors (GM) and Honda Motor (HMC) might be solid buys now. Keep reading.

StockNews.com

Why Supercars tweaked the Camaro, not the Mustang in parity search

The impending debut of the new Ford and GM Supercars has been complicated by a debate over parity that has been raging since aerodynamic testing last November.

Autosport

GM's Milford Proving Ground Merges Speed And Nature With 4 Lakes, 3-Mile Straight

Just around 200 GM employees have full access to the facility.

Motor1

Why Supercars tweaked Chevrolet's Camaro, not Ford's Mustang

The impending debut of the new Ford and GM Supercars has been complicated by a debate over parity that has been raging since aerodynamic testing last November.

Motorsport

Global race to boost electric vehicle range in cold weather

Many electric vehicle batteries lose power when it's very cold

The Independent UK

Honda Bares EV Investment Plans, Expects ICE To Stick Beyond 2040

A Honda charging network similar to Tesla's is on the cards.

Motor1

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Fortune

Mexico is set to be the big winner of the EV revolution—but it has a key challenge to overcome first

“Mexico has unique advantages that could help solidify its position in the automaking industry amid the EV transition,” UBS said Thursday.

Tribune News Service

Casey Williams: Google, AI and augmented reality will transform our driving experience

Before automobiles, a “dashboard” was a wooden panel on carriages that kept horse dung from becoming one’s evening attire. As carriages became horseless, the dashboard separated engine from occupants and provided a convenient place to hang volt meters, speedometers, radios, climate controls and, eventually, touchscreens.

StockNews.com

4 Stocks You’ll Be Glad You Bought in 2023

While inflation showed signs of slowing, it is still far from the Fed’s target. Moreover, a tight labor market strengthens the case for higher rate hikes. Hence, fundamentally strong stocks Stellantis (STLA), General Motors (GM), Textron (TXT), and Modine (MOD), which look well-positioned to whether a market downturn, might be…

Motor1

GM Will Trim About 500 White-Collar Jobs Globally: Report

GM wants to cut $2 billion in costs in the next two years.

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Motor1

Buick Electra E5 Reveals Interior With Curved 30-Inch 6K OLED Display

Buick says the EV has "segment-leading interior spaciousness."

Fortune

GM is cutting hundreds of jobs in a $2 billion push to ‘focus on our own efficiency’

GM is the latest company to double down on an efficiency push as automakers brace for industry-moving changes.

StockNews.com

2 Smart Stocks to Pick up This Month

Amid a seesawing economy and a highly volatile market backdrop, fundamentally sound stocks General Motors (GM) and Limbach Holdings (LMB) could be smart picks to consider when recessionary alarms ring. Read more….

StockNews.com

If You Like Tesla, Then You'll Love These 3 Other Auto Stocks

Auto sales have been dampened by several headwinds. However, Electric Vehicles (EVs) registered strong growth last year. The auto industry’s long-term growth is anticipated to be driven by EVs. Therefore, if investors like Tesla (TSLA), they might also buy fundamentally strong auto stocks Volkswagen (VWAGY), General Motors (GM), and Honda…

Tribune News Service

GM cutting executive, white-collar jobs

A month after CEO Mary Barra said General Motors Co. was "not planning layoffs," the Detroit automaker is cutting a small number of executive-level and salaried jobs, The Detroit News has confirmed.

InsideEVs

Chevrolet Blazer EV Spotted Charging In Public With No Camo

GM's upcoming Chevy Blazer EV can be clearly seen while charging. The Chevy Silverado EV and Nissan Ariya were present at the same charging station.

StockNews.com

Buying These 2 Stocks Could Be the Smartest Move You Make in 2023

The current macroeconomic conditions continue to intimidate investors as the Fed is expected to carry on with its aggressive rate hikes amid the rise in Personal Consumption Expenditure (PCE) and a tight jobs market. The rate hikes by the Fed could trigger further volatility in the market in the upcoming…

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