The automaker has been on a tear of cuts to its workforce and will idle two battery factories for the first half of 2026.
General Motors stock rose by 44%, driven by an extraordinary increase in the P/E multiple, even as revenue declined.
General Motors said on Wednesday it will cut U.S. electric vehicle and battery production and 1,200 factory jobs at its EV plant in Detroit along with 550 jobs at an Ohio battery plant as the ...
G eneral Motors will lay off about 1,200 workers at its electric vehicle plant in Detroit, the automaker told multiple ...
GM and Samsung SDI slow construction on their $3.5B Indiana EV battery plant, leading to layoffs as the automaker rethinks its strategy amid a shifting market.
It's the latest sign of a sagging electric car market, and it's raising questions about Ford's Blue Oval City electric ...
There are concerning signs for the GM-Samsung electric vehicle battery plant under construction in New Carlisle.RELATED:GM ...
GM lays off more than 3,400 workers who build electric vehicles and batteries as the carmaker adjusts to Donald Trump's anti-EV policies and sluggish EV demand ...
General Motors announced that it will cut more than 1,700 manufacturing jobs in reaction to changes in the electric vehicle market.
GM announces indefinite layoffs for 1,750 workers and temporary cuts for 1,670 others as the automaker scales back electric vehicle production at Factory Zero.
The expansion of a major electric vehicle battery project in Bécancour, Que., is being indefinitely paused, while a nickel ...
General Motors plans to use a new type of battery in its electric vehicles which it says will be more affordable to produce. The automaker is working with the battery manufacturer LG Energy Solution ...