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7 years ago
GM faces fiscal, political minefields as it assesses plantsWith too many factories making slow-selling cars, General Motors can't afford to keep them all operating without making some tough decisions. But the political atmosphere might be limiting its options.A possible scenario, analysts say, is to close its spra
7 years ago
GM announces jobs, electric vehicle after Trump criticismLess than a week after a series of critical tweets from the president over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a new electric vehicle at a factory north of Detroit. The...
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...
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