General Motors Rebalances Robotaxis Layoffs And EV Plans For Future Returns [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
Cruise, General Motors' autonomous vehicle unit, is preparing to launch paid robotaxi rides on Uber's platform, marking a new phase for GM's mobility efforts. GM has announced major layoffs at its Oshawa truck plant in Canada, drawing scrutiny and reaction from the Canadian government. The company is adjusting its electric vehicle approach, including selling its stake in an Altium Cells plant and retooling the Orion Assembly facility back toward internal combustion engine production. General Motors (NYSE:GM) remains a large player in global autos, with a footprint that spans traditional trucks, SUVs, and a growing set of software and mobility services. The latest updates around Cruise, Oshawa, and EV production come at a time when legacy automakers are reassessing how quickly to build out electric capacity and where to commit capital. For you as an investor, these moves relate to topics such as future revenue mix and how GM manages manufacturing and labor. The combination of
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News
- Share of companies reporting earnings growth hits four-year high [Los Angeles Times (CA)]Los Angeles Times
- Assessing General Motors (GM) Valuation After A Strong Year Of Shareholder Returns [Yahoo! Finance]Yahoo! Finance
- World Series hero, Tigers great Mickey Lolich dead at 85 [FOX News]FOX News
- GM CFO: Loss of EV tax credit, lower production 'blessing in disguise' [Yahoo! Finance]Yahoo! Finance
- General Motors Company (GM) Presents at Federal Reserve Bank of Chicago's Automotive Insights Symposium Transcript [Seeking Alpha]Seeking Alpha
GM
Earnings
- 1/27/26 - Beat
GM
Sec Filings
- 2/5/26 - Form 4
- 2/5/26 - Form 4
- 2/5/26 - Form 4
- GM's page on the SEC website