general motors

Report: GM Cuts 1,000 Jobs at Cruise After Ending Robotaxi Project

Report: GM Cuts 1,000 Jobs at Cruise After Ending Robotaxi Project
Report: GM Cuts 1,000 Jobs at Cruise After Ending Robotaxi Project
February 04, 2025  |  Transportation

General Motors is reportedly cutting 1,000 jobs in its Cruise business unit after a previously announced decision to stop funding its robotaxi project. Get the...

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FTC Order Bans GM From Disclosing Data From Connected Vehicles
FTC Order Bans GM From Disclosing Data From Connected Vehicles
January 17, 2025  |  Legal & Regulation

General Motors agreed to a proposed order to resolve Federal Trade Commission allegations that it collected, used and sold data from connected cars without drivers’...

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US Impending Ban on Software Sparks Concerns Over Connected Car Future
US Impending Ban on Software Sparks Concerns Over Connected Car Future
January 14, 2025  |  Legal & Regulation

The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across...

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Barclays Takes Over Goldman’s GM Credit Card Portfolio
Barclays Takes Over Goldman’s GM Credit Card Portfolio
October 14, 2024  |  Credit Cards

Barclays US Consumer Bank will become the exclusive issuer of General Motors’ GM Rewards Mastercard and GM Business Mastercard in the United States in the...

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Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
September 11, 2024  |  Banking

Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected....

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Goldman Takes $400M Hit From Consumer Loans
Goldman Takes $400M Hit From Consumer Loans
September 10, 2024  |  Banking

Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. Get the Full Story Complete the...

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Report: Goldman Sachs Struggles as It Tries to Exit GM Card
Report: Goldman Sachs Struggles as It Tries to Exit GM Card
September 10, 2024  |  Credit Cards

Goldman Sachs this week reported losses related to its Main Street lending business. Get the Full Story Complete the form to unlock this article and...

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75% of Automakers Plan to Integrate GenAI Into Vehicles This Year
75% of Automakers Plan to Integrate GenAI Into Vehicles This Year
September 05, 2024  |  Artificial Intelligence

Generative AI is revolutionizing the automotive industry, pushing the boundaries of vehicle design, manufacturing and customer experience. The technology, which harnesses advanced algorithms to create...

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