General Motors, Trump and Ohio battery plant
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Richardson's exit comes a week after he appeared on stage with CEO Mary Barra at an event in midtown Manhattan focused on the Detroit-based car and truck-maker's forays into eyes-off autonomous driving and "conversational" artificial intelligence in vehicles.
GM has confirmed the departure of Dave Richardson, marking a major leadership change as the automaker pursues its goals in digital technology innovation.
General Motors is confirming that about 1,200 people will be laid off from its Factory ZERO facility spanning parts of Detroit and Hamtramck in January.
General Motors is closing its Georgia IT Innovation Center and cutting over 300 jobs as part of a plan to consolidate its technical operations and improve collaboration across key hubs.
Automaker cites "slower near-term EV adoption and an evolving regulatory environment" in latest pullback on electric ambitions.
General Motors beat Q3 estimates, raised 2025 guidance, and posted record EV sales with strong profitability and cash flow. Learn why GM stock is a strong buy.
Over the past eight trading days, the share price of General Motors (NYSE: GM) has popped. The stock closed at $58 a share on Oct. 20, and by Oct. 29 it was just below $70. That's a gain of more than 20% in little more than a week. So, what's going on with the typically staid and boring automaker?
General Motors has shut down Factory Zero until Nov. 24 as the Detroit automaker eases back on electric vehicle production. After a temporary return to work, about 1,200 workers will be placed on indefinite layoff, the company confirmed Oct. 29.