GM announced Friday it will invest $300 million into a Michigan factory to produce a new Chevrolet electric vehicle, reversing a decision to build the EV outside of the United States. The announcement comes on the heels of recent job cuts and plant closures by GM, moves that have complicated bargaining with union workers over […]
View More GM investing $300 million to build a new electric Chevy in the U.S.Category: opel
GM is transforming Cadillac into an electric brand
General Motors is turning Cadillac into its lead electric vehicle brand in a bid to compete against Tesla as well as a host of other automakers bringing EVs onto the market. Plans are already underway to introduce the first model from the company’s new battery electric vehicle architecture, GM said Friday during an investor meeting. […]
View More GM is transforming Cadillac into an electric brandGM plans to cut more than 14,000 jobs, close factories as downturn looms
First, came the voluntary buyouts. Now, GM is ramping up its belt-tightening measures with cuts to factory and white-collar workers, plant closures in North America and the elimination of several car models as it tries to transform into a nimble company focused on high-margin SUV, crossovers and trucks and investments in future products like electric and […]
View More GM plans to cut more than 14,000 jobs, close factories as downturn looms