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GM PROFIT REPORT
Households rush to cash out old gold amid fears of a crashIndian households are cashing in on high gold prices, selling nearly 50 tonnes of old jewellery in the last quarter, a 43% jump year-on-yea...
General Motors layoffs: GM replaces over 1,000 workers with 50 robots at US flagship plant in Michigan, says "we are implementing..."General Motors Detroit plant robots: General Motors has introduced 50 collaborative robots at its Factory Zero plant, a move that has led t...
Senco Gold Q4 Results: Profit skyrockets 151% to Rs 157 croreSenco Gold has announced a significant profit jump of 151 percent for the fourth quarter. This surge is attributed to soaring gold prices a...
Zappfresh in talks for majority stake in GM FoodsZappfresh is in discussions to acquire a majority stake in GM Foods. This move aims to expand Zappfresh's product offerings. The company is...
India's consumer discretionary firms set for strong growth, demand recovery in Q4: ReportConsumer discretionary companies anticipate robust revenue and earnings growth in the March quarter of FY26. Demand is recovering across va...
General Motors lays off over 200 CAD engineers via Microsoft Teams amid profit surge, citing business restructuringGeneral Motors has laid off over 200 engineers at its Michigan campus. This move is part of a company-wide restructuring. The company aims ...
GM stock tanks 6% as Trump’s tariffs hit hard — is this just the beginning of more pain to come?GM stock took a sharp 6% fall after the company revealed Trump’s new auto tariffs cost them $1.1 billion in just one quarter. That’s a big ...
Losses in China lead to $5 billion charge for General Motors as it cuts the value of its assetsGeneral Motors is taking a $5 billion hit due to losses in its Chinese joint ventures. The company will write down assets and restructure, ...
General Motors shares jump 9% as CEO Barra promises shareholders more cashBarra highlighted moves to return cash to shareholders, including $12 billion in 2023 through a $10 billion share buyback and a 33% dividen...
US auto workers union extends strike to big GM plantThe latest United Auto Workers union stoppage, which expands the nearly six-week strike to GM's Arlington, Texas assembly plant, came hours...
General Motors lays off several hundred full-time contract workersGeneral Motors Co has laid off several hundred full-time contract workers at its engineering hub in suburban Detroit over the weekend, the ...
General Motors escalates the electric vehicle arms raceGM's additional spending accelerates a global arms race among automakers and technology companies to expand electric vehicle offerings. Con...
General Motors says in talks to invest $2.73 billion in Brazil till 2024GM has in recent weeks warned its employees in Brazil that "sacrifices" would be necessary for the company to return to profit in the count...
Higher volumes to help GM Breweries maintain marginsGM’s brands — GM Santra and GM Saunf — may not be known to the high-income consumers but are a preferred choice amongst the lower income co...
- Hyundai denies reported approach by GM on brand
Hyundai Motor Company denied on Thursday a report that General Motors Corp. has approached it about buying one of the troubled US automaker...
- GM to go slow on SUVs, trucks in cost-cut drive
General Motors is preparing to announce further restructuring to cut costs and conserve cash amid a downturn in US truck sales, the Wall St...
- GM reports record loss of $39 b in 2007
General Motors posted a fourth-quarter loss on a mounting deficit in North America and will offer buyouts to all of its 74,000 United Auto ...
- GM suffers largest-ever loss of $39 bn on deferred tax charge
General Motors, the world’s biggest automaker, reported a $39 billion Q3 loss, its largest ever, after writing down $39 billion of future t...
- GM Daewoo plans $3.6 bn investment
The paln of investing $3.6 billion is to develop new cars.
- GM to roll out European Opel model in US
General Motors, saying it’s committed to improving vehicle quality and design, will sell a small car from its European Opel unit as a US Sa...