Dec. 10, 2024 18:04 PM EST
DETROIT (AP) — General Motors said Tuesday it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit.
Instead the Detroit automaker will focus on development of partially automated driver-assist systems for personal vehicles like...
Nov. 25, 2024 17:24 PM EST
DETROIT (AP) — Two towers at Detroit's iconic Renaissance Center would be razed and the complex converted to a mix of housing and offices under an ambitious $1.6 billion plan announced Monday.
The complex, which next year will lose the headquarters of owner General Motors Co., is...
Oct. 22, 2024 16:42 PM EDT
DETROIT (AP) — Shares of General Motors surged almost 10% Tuesday after the automaker posted a $3 billion third-quarter profit, slightly less the same period a year ago. It was the stock's biggest single day percentage gain in more than four years.
GM's stock closed up 9.8% at...