GM offers salaried employee buyouts, will take up to $1.5 billion charge
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General Motors (GM) Hyundai in talks to acquire GM’s India plant
March 13, 2023 3:00 PM EDTHyundai Motor Co announced Monday that the Korean automaker has agreed to a potential acquisition of General Motors' (NYSE: GM) plant in India.
A final deal is subject to meeting certain conditions including obtaining "regulatory approvals from relevant government authorities and all... More
Ford Motor and GM 'continue to drive the core to future transition' - BofA
March 13, 2023 8:56 AM EDTThe General Motors (NYSE: GM) and Ford Motor (NYSE: F) restructuring plans are "chapters in Core to Future transition," BofA analyst John Murphy said in a note Monday.
The analyst, who maintained a Buy rating on both companies, stated that the plans were not big news but needed.
"In recent days, General Motors (GM) has provided additional color... More
General Motors (GM) expects $1.5B charge after announcing voluntary separation program
March 9, 2023 9:28 AM ESTGeneral Motors (NYSE: GM) announced in its 8-K filing on Thursday a voluntary separation program in an effort to accelerate the normal attrition process and the resulting cost savings. The program is part of a January announcement where the company said it intends... More
