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GM pumps $850 million in Cruise to keep struggling robotaxi company afloat
The Verge· 4 days agoGeneral Motors is investing $850 million into Cruise to help cover the company’s operational costs...
GM gives Cruise $850M lifeline as it relaunches robotaxis in Houston | TechCrunch
TechCrunch· 4 days agoGeneral Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly...
GM lowers EV production targets amid slow demand, says EVs will show 'variable profit'
USA TODAY via Yahoo Finance· 3 days ago"So we see plug-in hybrids as a really good tool for us to help bridge to that compliance path...
GM gives troubled Cruise self-driving car unit $850M amid strategic review - SiliconANGLE
SiliconANGLE· 4 days agoGeneral Motors Co. announced today that it’s giving its troubled self-driving car unit, Cruise LLC,...
General Motors Adjusts EV Production Target, Resumes Cruise Operations In Houston - General Motors...
Benzinga· 4 days agoGeneral Motors Company GM resumed operations on Tuesday for its autonomous driving unit Cruise in...
General Motors (GM) Hits 52-Week High on a Few Business Updates
Zacks via Yahoo Finance· 3 days agoDespite previously reducing spending on Cruise, GM remains committed to the company, hoping for a...
GM board approves another $6 billion share repurchase as the automaker gains momentum
seattlepi.com· 4 days agoGeneral Motors has approved another $6 billion share repurchase as the Detroit automaker adds to its 2024 momentum. The Tuesday announcement follows a $10 billion share buyback authorization ...
GM announces a new $6 billion share buyback, now expects to produce as many as 250K EVs this year
Yahoo Finance· 4 days agoBut he noted that Q2 earnings will be higher than Q1’s adjusted EBIT of $3.9 billion. On a slight...
General Motors Injects $850 Million Into Robotaxi Arm Cruise After Devastating Accident
Forbes· 4 days agoGM has already lost over $8 billion on self-driving technology that led to a tragic incident in San...
Analysts revamp GM stock price targets after union deal, buyback
TheStreet.com· 3 days agoHere's what could happen next to shares of General Motors. Heads up, Phoenix, Houston and Dallas: Cruise is back in town. Cruise LLC, General Motors' (& ...