GM Planning Electric Cars That Won’t Give Buyers Sticker Shock, GM President Says

General Motors Co. is making a big claim about its future electric cars: The automaker will be able to sell them at “very average transaction prices” and be profitable, GM President Mark Reuss said in a presentation Wednesday. GM announced in October 2017 that it plans to sell 20 electric-vehicle models globally by 2023. At […]

Tesla’s Secret Source of Cash Has Finally Been Revealed

For years, Tesla Inc. has hauled in revenue by selling credits to other carmakers that needed to offset sales of polluting vehicles to U.S. consumers. These sorts of transactions have largely been shrouded in secrecy–until now. General Motors Co. and Fiat Chrysler Automobiles NV disclosed to the state of Delaware earlier this year that they […]

A Look Inside GM’s Two-Year, Entry-Level Rotational Program

Fortune’s Entry/Level column is dedicated to people looking for and working in entry-level positions–read the full series here. We interview entry-levelers about their jobs, how they got them, what they want to do next, and more. The subject’s answers are edited for clarity. Jessica Shen graduated with a degree in electrical engineering from Virginia Tech […]

Eye on A.I.— Why Standards Are Critical to Improving Artificial Intelligence

Improving artificial intelligence to help prevent heart attacks doesn’t just depend on innovation. It also hinges on creating standards, the wonky underpinnings of the technology agreed to by companies and government agencies. For example, the Consumer Technology Association, which hosts the annual CES tech show in Las Vegas, recently created an A.I. working group made […]

UAW Prepares for Strike if GM Shutters More Factories

Gary Jones, the president of the United Auto Workers (UAW), signaled the powerful labor union’s willingness to strike if necessary, announcing on Monday that union leadership will raise weekly strike pay from $200 to $250 a week effective from March 2019. And beginning in January 2020, weekly strike pay will go up again, to $275. […]

General Motors Shutters Lordstown Factory After 52 Years

General Motors closed down its Lordstown, Ohio manufacturing facility, with the plant’s last Chevy Cruze rolling off the assembly line Wednesday afternoon, after 52 years of auto production. GM is shuttering the Lordstown plant as part of a restructuring effort by CEO Mary Barra to improve the company’s financial position. The company is eliminating 1,700 […]

General Motors’ Executive Shuffle: 2 Top Execs Are Leaving—One Might Go to Amazon

In two separate announcements Thursday, General Motors announced that a pair of its top executives are leaving the company. GM’s president of North America Alan Batey and global manufacturing head Alicia Boler Davis, both of whom directly report to chairman and CEO Mary Barra, will step down from their roles, effective April 1. The company […]