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Skip to main contentEFFECTS OF THE 2008–10 AUTOMOTIVE INDUSTRY CRISIS ON THE UNITED STATES
7 years ago
FACT CHECK: Trump claims an auto boom that isn'tPresident Donald Trump is calling attention to an auto industry boom that doesn't exist. In a tweet Thursday slamming General Motors for plans to lay off workers, Trump wrote that auto companies "are pouring into the U. S. " and...
7 years ago
GM rebounds with $8.1B 2018 profit on strong pricingGeneral Motors posted an $8. 1 billion net profit for 2018, fueled by better prices for vehicles sold in the U. S. , its most lucrative market. It's a strong rebound from the previous year when the company lost $3...
7 years ago
GM cuts jobs in response to present costs, future innovationEven though unemployment is low, the economy is growing and U. S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation. It's the new...
7 years ago
Weak sales weigh on GM in 1st quarterAmericans paid more for some General Motors vehicles in the first quarter, but overall sales declined and the automaker's results fell short of expectations. GM delivered more than 665,000 vehicles in the U. S. with the highest average prices for...
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