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General Motors is expecting a $500 million tariff refund after the Supreme Court struck down some of President Donald Trump’s most sweeping levies.
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The lawsuit was filed in Washington State on April 2 on behalf of two complainants who owned or leased Cadillac Lyriqs.
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General Motors has settled a case filed by the FTC, after a New York Times investigation found the automaker was selling driver behavior data to third parties without customers' consent.
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General Motors is laying off about 1,700 workers across manufacturing sites in Michigan and Ohio, as the auto giant adjusts to slowing demand for electric vehicles.
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General Motors will book a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. General Motors, which had led the way among U.S. automakers with plans to convert production to an electric fleet of vehicles, warned that more hits may be ahead as it adjusts production under a new administration, and non-cash charges may impact operations and cash flow in the future.
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General Motors’s profits drop as tariff costs climb. A potential rule change could affect homeless people who use roadside rest areas. A professor makes the case for why Michigan lawmakers are considering banning cell phones in K-12 schools.
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CEO Mary Barra said in a letter to shareholders on Tuesday that GM is attempting to reduce tariff exposure with $4 billion of new investment in its U.S. assembly plants.
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General Motors plans to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.
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General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.
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Two towers at Detroit’s Renaissance Center would be razed and the complex converted to a mix of housing and offices under an ambitious $1.6 billion plan announced Monday.