Automotive Industry Archives - CFO

GM to Cut 1,100 Jobs at SUV Plant in Michigan

GM to Cut 1,100 Jobs at SUV Plant in Michigan

The automaker has announced about 4,400 layoffs since November as it reduces production and employment due to lower U.S. sales.

By Matthew Heller | March 6, 2017

GM Sells European Car Operations for $1.3B

GM Sells European Car Operations for $1.3B

"This represents another major step in the ongoing work that is driving our improved performance and accelerating our momentum,” GM CEO Mary Barra says.

By Matthew Heller | March 6, 2017

GM’s Q1 Profit Beats Expectations

Investor Relations

GM’s Q1 Profit Beats Expectations

Strong sales growth in the United States and China helped GM gain market share and report a 47% increase in profit.

By Katie Kuehner-Hebert | April 21, 2016

My Car, My Data?

My Car, My Data?

There is a deep ambivalence prevailing in the auto industry regarding ownership of the data generated by the connected car.

By John Parkinson | April 5, 2016

Auto Industry Boosts Manufacturing Output

Auto Industry Boosts Manufacturing Output

Industrial production was up 0.6% in July but the manufacturing sector as a whole rose only 0.1%.

By Katie Kuehner-Hebert | August 14, 2015

Johnson Controls Mulling Auto Parts Spinoff

Johnson Controls Mulling Auto Parts Spinoff

Breakup of industrial parts maker would continue trend toward leanness in corporate America.

By Matthew Heller | June 10, 2015

Why the Big Three Put Too Many Cars on the Lot

Why the Big Three Put Too Many Cars on the Lot

Ford, General Motors, and Chrysler used “absorption costing” to make themselves look more profitable, researchers say. But the practice can be costly, and other companies may want to think twice before they follow suit.

By Marielle Segarra | February 2, 2012