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About 18,000 of them, or 36 per cent of the workforce, are eligible for voluntary redundancy.

GM to close Canadian factory, putting 3000 jobs at risk: report

The plans stand to affect 50,000 employees across the US, Canada and Mexico.

26 Nov 2018 6:18 AM GMT

GMs prototype self-driving vehicles have been developed in San Francisco by Cruise Automation, the onetime startup that GM acquired in March 2016 for a reported $1 billion.

GM ready to produce cars with no steering and pedals

GM's Cruise AV is equipped with the automaker's fourth-generation self-driving software and hardware.

13 Jan 2018 2:46 AM GMT

Amazon shares soared Thursday after the Internet giant reported earnings that topped expectations. (Photo: AFP)

Get into my car: Amazon will also deliver to vehicles from now on

The Seattle company said, it has begun delivering packages in 37 cities to Prime members who own newer General Motors,...

24 April 2018 11:53 AM GMT

To support the growth of its NEV line-up, GM has built a battery assembly plant in Shanghai which should be ready to deliver battery packs next year.

GM confirms plans to build new EV

The largest US automaker has come under heavy criticism from President Donald Trump in recent days.

24 March 2019 6:10 AM GMT

Driven by regulatory pressure to cut diesel pollution, commercial truck makers have made a flurry of fresh announcements to deliver battery electric or hydrogen-fuelled vehicles.

GMC trucks to deploy adaptive cruise control system

It features a single high-mounted camera behind the rear view mirror and can bring the Sierra to a complete stop.

18 May 2019 4:39 AM GMT

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

US clears SoftBank's USD 2.25 billion investment in GM-backed Cruise

The approval unlocks a seat for SoftBank on Cruise's board, formalising its oversight, and cements key financing for...

6 July 2019 6:09 AM GMT

General Motors to exit non-profit markets

GM said in a statement Sunday that it will wind down sales, engineering and design ops for its historic Holden brand in...

17 Feb 2020 4:07 AM GMT

Deep-pocketed companies such as Intel, which is sitting on USD 11.4 billion cash, are expected to forge ahead with their investments in fields they believe will turn into gold mines. After Intel bought Mobileye, the self-driving car startups revenue has ballooned from $210 million in 2017 to $879 million last year. Thats a reflection of the big bets being placed on automated driving by both major technology companies, such as Google spinoff Waymo and Apple, and automakers such as General Motors and Toyota. (Photo | Mobileye)

Intel buys Moovit app to boost its self-driving car business in an age...

The chip maker plans to combine Moovit with Mobileye, a self-driving car specialist that Intel bought for about USD 15...

5 May 2020 9:50 AM GMT

Tesla CEO Elon Musk. (AFP Photo)

Elon Musk's Tesla becomes world's richest auto group

Tesla has seen ups and downs but its shares have risen steadily since late 2019 as it met key production targets for its...

2 July 2020 7:10 AM GMT

Photo provided by the National Transportation Safety Board, investigators examine a driverless Uber SUV that fatally struck a woman in Tempe, Ariz.(Photo: AP)

Self-driving car industry addresses trust issues after Uber crash

Companies like General Motors Co, Alphabet and Uber urged policymakers not to withold on an industry still in...

23 March 2018 4:10 AM GMT

Dhivya Suryadevara

PIO woman appointed as GM CFO

who has been head of the automaker since 2014 and the only woman to run an automobile company.

14 Jun 2018 8:12 PM GMT

Dhivya Suryadevara (Photo: General Motors)

Indian-American Dhivya Suryadevara named CFO of General Motors

Chennai born Dhivya Suryadevara, currently the vice president of corporate finance, will take over on September 1, the...

14 Jun 2018 7:49 AM GMT