Evergrande Auto’s Investment Agreement With Dubai Automaker Lapses

[ad_1] Updated Jan. 1, 2024 9:26 pm ET China Evergrande New Energy Vehicle said an agreement for a Dubai-based automaker to subscribe to its shares has expired, raising fresh doubts…

Tesla’s Self-Driving Tech Has Competition

[ad_1] Dec. 16, 2023 10:00 am ET A mass recall of Tesla’s Autopilot feature and crisis at General Motors’ autonomous-taxi business might give the impression that self-driving cars have hit…

Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.

[ad_1] Updated Dec. 16, 2023 12:04 am ET Listen to article (2 minutes) At a 2018 meeting with a senior General Motors team, Chief Executive Mary Barra stunned the room…

GM’s Cruise Unit Is Laying Off 24% of Workforce

[ad_1] Updated Dec. 14, 2023 1:03 pm ET The self-driving car company Cruise laid off nearly a quarter of its workforce Thursday following a series of safety mishaps and permit…

GM Cruise Executives Leave After October Crash

[ad_1] Updated Dec. 13, 2023 7:29 pm ET General Motors’ driverless-car business Cruise said nine employees departed following a review of the company’s handling of an Oct. 2 incident that…

TuSimple Winds Down U.S. Operations as It Looks for Buyer

[ad_1] Self-driving trucking company TuSimple Holdings said Monday that it is winding down its U.S. business, reducing its workforce to about 30 people as it looks for a buyer for…

GM Plans $10 Billion Stock Buyback in Bid to Assuage Investors

[ad_1] Updated Nov. 29, 2023 9:41 am ET General Motors plans to sharply increase cash return to shareholders, as Chief Executive Mary Barra seeks to reassure investors about the health…

GM Plans $10 Billion Share Repurchase in Bid to Assuage Investors

[ad_1] Updated Nov. 29, 2023 6:51 am ET General Motors plans to sharply increase cash return to shareholders, as Chief Executive Mary Barra seeks to reassure investors about the health…

WSJ News Exclusive | GM’s Cruise Draws Plans to Resume a Downsized Robotaxi Service

[ad_1] Updated Nov. 22, 2023 4:26 pm ET General Motors’ Cruise driverless-car unit plans to eventually reintroduce its robotaxi service following safety mishaps, but will narrow the focus to one city…

GM’s Driverless Taxis Need to Slow Down

[ad_1] Step on the accelerator with driverless vehicles and you scare off regulators and the public, but hit the brakes and you lose financial backers. It won’t be an easy…