US opens probe into GM’s Cruise robotaxi braking, blocking traffic

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Go back to US opens probe into GM’s Cruise robotaxi braking, blocking traffic

Volkswagen investors return to criticizing CEO’s dual roles

December 16, 2022 2:14 PM EST

Volkswagen investors return to criticizing CEO Oliver Blume's dual roles on Friday even after the company approved a roughly 9.6 billion euro ($10.2 billion) special dividend following the listing of Porsche AG.

Blume became CEO of the company in September but has continued as CEO of luxury brand Porsche even after... More

Federal Safety Regulators Investigating GM's (GM) Cruise Driverless Unit -- WSJ

December 16, 2022 9:36 AM EST

(Updated - December 16, 2022 9:36 AM EST)

Federal Safety Regulators Investigating GM's (NYSE: GM) Cruise Driverless Unit -- WSJ

NHTSA Investigation Centers on Reports of Hard Braking, Stalls in Cruise Vehicles... More

Adobe, Darden Restaurants, Meta Platforms rise premarket; General Motors falls

December 16, 2022 8:16 AM EST

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Friday, December 16th. Please refresh for updates.

Adobe (NASDAQ: ADBE) stock rose 5% after the software company recorded 10% growth in fourth-quarter revenues and forecast healthy first-quarter profit as demand remained strong.

Darden Restaurants (NYSE:... More

GM recalls 825,000 trucks, SUVs over headlight issue

December 14, 2022 8:26 AM EST

By David Shepardson

WASHINGTON (Reuters) -General Motors said on Wednesday it was recalling 825,000 trucks and SUVs in North America because daytime running lights may not deactivate when the headlights are on, potentially causing excess glare.

The largest U.S. automaker said the recall covers various Cadillac... More