General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global ...

Jan Griffiths, an automotive industry expert and founder of Gravitas Detroit, a company that works with the auto industry on ...

GM isn't alone in cutting personnel this year. Legacy automakers and startups have taken similar measures as markets, ...

Sales in some categories fell — furniture stores, clothing outlets and drug stores, among them — though economists said that ...

Reuters is reporting that President-elect Donald Trump’s transition team is weighing the elimination of the $7,500 tax credit ...

Elon Musk has been battling regulators since before voicing Trump support. Now, he has the power to weaken oversight of his ...

General Motors (GM), one of the world's largest automakers, has laid off around 1,000 employees as part of its cost-cutting ...

The workers, mostly white collar, were notified about the decisions early Friday. The company confirmed the layoffs in a ...

The decision mostly impacted white collar workers and the company confirmed the job cuts via a statement. However, it didn’t ...

The American automotive company General Motors (GM) has announced plans to lay off around a thousand employees worldwide, ...