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Hosted on MSN · 12h

GM’s Cruise fined $1.5 million for omitting details about its gruesome 2023 crash

On Monday, the National Highway Traffic Safety Administration (NHTSA) fined Cruise, GM’s self-driving vehicle division, $1.5 million. The penalty was imposed for omitting key details from an October 2023 accident in which one of the company’s autonomous vehicles struck and dragged a San Francisco pedestrian.

GM's Cruise self-driving unit to pay $1.5 million fine over crash disclosure

The National Highway Traffic Safety Administration said Monday that General Motors' self-driving car unit Cruise will pay a $1.5 million fine after it failed to disclose details of a serious October 2023 crash involving a pedestrian.

MarketWatch · 13h

Regulator orders GM’s Cruise to pay $1.5 million over 2023 pedestrian crash

General Motors’ Cruise autonomous vehicle division will pay a $1.5 million penalty after the unit failed to fully report a crash involving a pedestrian, the National Highway Traffic Safety Administration said Monday.

Stellantis, GM and Ford

MarketWatch · 18h

GM’s and Ford’s stocks drop after Jeep owner Stellantis cuts profit-margin view

General Motors Corp.’s stock and Ford Motor Co.’s stock dropped Monday after Jeep owner Stellantis NV warned it’s facing tighter profit margins due to increased competition from Chinese automakers and lower wholesale shipments.

Investopedia · 19h

Stellantis Stock Plunges as Jeep Maker Cuts Outlook

Stellantis shares are tumbling Monday after the Chrysler and Jeep parent issued a profit warning, noting it is cutting excess North American inventory amid a "deterioration in global industry dynamics" and competition from Chinese rivals.

Barron's on MSN · 21h

Stellantis Stock Is Dropping After Cutting Guidance. Ford, GM Also Down.

Stellantis stock tanked early Monday, dragging down shares of Ford Motor and General Motors, after the Jeep maker cut its 2024 financial guidance, citing deteriorating industry dynamics and Chinese competition.

GM Authority13h

GM’s Cruise To Pay $1.5M Penalty After Failure To Fully Disclose Traffic Incident

The NHTSA has announced a new consent order with Cruise, GM’s self-driving technology division, for failing to fully report ...

3don MSN

GM is ready to let go of scores of factory temps due to a disagreement with local UAW

"The only way they are hireable (per the UAW contract) is if they become full-time temps for nine consecutive months," ...

23hon MSN

Mazda, Toyota, Harley-Davidson, GM among 224,000 vehicles recalled: Check car recalls here

The NHTSA recently announced recalls for 224,881 vehicles. This includes Mazda, Toyota, Harley-Davidson, Mercedes-Benz, ...

The Information22h

Exclusive From The Electric: Inside GM’s Do-Over

Last November, Ed Duby took over battery production at General Motors. He found an effort in crisis: The company was on track ...

3d

Fairfax fallout: GM’s shift to electric vehicles prompts wave of layoffs across KC metro

Production will slow at GM’s Fairfax plant in the coming months to enable electric vehicle assembly in 2025. Nearby companies ...

4h

Angels GM Perry Minasian says young core gives him reason for optimism

The Angels lost a franchise-worst 99 games in 2024, but Minasian says the development of players like Zach Neto, Logan ...

18h

GM Self-Driving Unit Cruise to Pay $1.5 Million Fine Over Crash Disclosure

The National Highway Traffic Safety Administration said Monday that General Motors' self-driving car unit Cruise will pay a ...

1hon MSN

Why Are Analysts Bullish On General Motors Company (GM) Right Now?

In this article, we are going to take a look at where General Motors Company (NYSE:GM) stands against the other stocks under ...

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