Latest Mary Barra News

GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit

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...

Detroit's iconic Renaissance Center could see 2 towers razed in $1.6B redevelopment plan

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...

GM's shares post biggest percentage gain in over 4 years as company reports $3 billion profit in 3Q

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...