Myles Garrett isn't going anywhere any time soon. Cleveland Browns general manager Andrew Berry told reporters at the Senior Bowl that he will not trade Garrett no matter what the team is offered.
GM told the white-collar workforce Tuesday in an email that the company outperformed its earnings targets in 2024 and therefore it will base the bonus pay using a multiplier of 144%, up from 130% ...
Last month GM cautioned that the poor performance of its Chinese joint ventures would force it to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter.
GM has issued its quarterly letter to shareholders for Q4 of the 2024 calendar year, highlighting the automaker’s annual performance, providing strategic insights, and laying out expectations ...
GM’s announcement came in a letter to shareholders from Chief Executive Officer Mary Barra on Tuesday, Jan. 28. The announcement coincides with the release of GM’s fourth-quarter financial ...
GM sold vehicles at an average price of $50,000 U.S. for the year, and executives see a 1 per cent to 1.5 per cent drop in North American pricing power and a modest decline in gas-powered vehicle ...
Last year, GM paid roughly 45,000 workers up to $12,250. United Auto Workers Vice President Mike Booth said in a letter to members the payments would be distributed on Feb. 28. The payouts will ...
General Motors Co.'s net income of $6 billion last year was down 41% from 2023 after the automaker lost $3 billion in the fourth quarter when it took charges of $5 billion for changes to its joint ...
But the company admitted a number of policy headwinds from the Trump administration could derail that profit guidance, as GM and the rest of the US auto industry deals with making plans in the ...
General Motors (GM) continued its strong run of quarterly performance last year, with full-year profit that came in at the high end of its range and upbeat forward guidance. But challenges remain ...
GM has reportedly cut more jobs, targeting underperforming employees through the automaker’s revamped annual performance evaluation system. Affected workers were notified last Friday. The ...
GM posts strong results, better outlook for 2025 than expected Shares slump as tariffs become likely Automaker has brought inventory in early due to tariff threats GM sold 2.7 mln vehicles in 2024 ...