Another 350 out of 1,400 total workers at its Lansing Grand River plant will be laid off due to the end of Chevrolet Camaro production, but the factory will continue producing the Cadillac CT4 and Cadillac CT5. GM said affected hourly employees will be offered positions at other factories.
1 min read15 Dec 2023The decision comes after extensive studies and analysis, the joint statement said. However, no specific reason was provided.
1 min read26 Oct 2023The project is GM's fourth joint venture battery cell factory. It has announced three others with South Korea's LG Energy Solution.
1 min read25 Apr 2023Joining other tech firms who are cutting their work force, General Motors made performance related job-cuts. The layoff is reported to affect around 500 employees of the company
1 min read2 Mar 2023Workers leave their families behind in Ohio in search of good pay and benefits in other states
12 min read1 Dec 2020The company boosts its EV investment by more than a third to $27 billion over the next five years, aims to get some models to market sooner
5 min read22 Nov 2020Mark Reuss replaces Dan Ammann, who took over as chief executive of the automaker's majority-owned Cruise self-driving car subsidiary on Jan 1
1 min read3 Jan 2019Sudhir Rao joins Bombardier Transportation from Skoda Auto where he held the position of chairman and managing director India
1 min read19 Sep 2017Indian companies need to quickly narrow the gap in quality standards and embrace competition as a way to evolve faster
11 min read21 Feb 2017Stories of the spectacular success of some digital tech companies are prodding 'legacy' non-digital companies to undergo digital transformation. Before they jump on the bandwagon, they would do well to keep in mind the 10 commandments listed here, for the journey can be long, painful and convoluted.
7 min read6 Sep 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared