News with the tag "General Motors"

President Donald Trump announced a plan to ease the burden of the new 25% tariffs on foreign-made vehicles and parts. Under the proposal, automakers with US factories can claim credits on import taxes based on sales volume and suggested retail prices. White House officials said the proposal will use...

General Motors (GM) is cutting down jobs in its software department in a bid to keep ballooning operational costs under control and explore AI opportunities. The changes are said to affect over 1,000 salaried workers at the company, 600 of whom come from its famed Detroit Tech Campus. Reports say th...