High Court Clears Way for Suits Against GM
The automaker lost its bid for review of a lower court ruling that exposes it to liability for injuries resulting from an ignition-switch defect.
GM Halts Venezuela Production as Plant Seized
The seizure of GM's only Venezula factory "was granted and enforced in total disregard of [GM's] right to due process," the company says.
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.
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.
GM Hits Record Profit But Expects Flat Growth
The automaker's stock falls 4.7% even though it reported record sales of $166 billion and earnings per share of $6.00 for 2016.
SEC Fines GM $1M Over Accounting for Recall
A defect in GM's internal controls allegedly prevented its accountants from learning about a safety issue for 18 months.
Trump Praises Wal-Mart, GM for U.S. Job Moves
The retailer and automaker join a parade of U.S. companies that have been touting their commitment to domestic job creation.
Cooling Down the Costs of Data Centers
Aligned Energy’s CFO races to get the data-center services firm’s systems up to snuff in line with its fast-growth expectations.
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.
Weighty New Conundrum for Pension Plan Sponsors
With PBGC premiums soaring, sponsors face more pressure to fund up their plans. General Motors' response: do it with debt-issuance proceeds.
GM Buys Startup to Fuel Driverless Car Push
The automaker says Cruise Automation will provide it with "a unique technology advantage" in the race toward autonomous driving.