The CEO pushed GM hard into electric and driverless cars. The finish line keeps moving farther away. Her reason: the car’s gas-guzzling V-8 engine. Barra, deep into her quest to turn GM into an electric-car powerhouse, decided it would send the... — read more 

Americans Are Overdue With Their Car Payments At Highest Rate In Nearly 30 Years Higher car prices and rising interest rates are hindering car owners’ ability to afford their vehicle payments, as 6.1% of subprime auto borrowers are at least 60 days... — read more 

https://www.cnbc.com/amp/2023/12/15/cruise-looks-like-gm-latest-failed-bet-on-trendy-venture.html

https://www.freep.com/story/money/cars/general-motors/2023/12/14/gm-to-layoff-1300-workers-across-two-michigan-plants/71923694007/

https://finance.yahoo.com/news/gms-cruise-slash-24-workforce-161634307.html

https://www.wsj.com/articles/gm-moves-forward-after-strike-focusing-on-cost-cuts-and-evs-b50168b9

any insights?

GM CEO Twists Herself Into Pretzel Trying to Defend Outlandish Salary https://news.yahoo.com/gm-ceo-twists-herself-pretzel-163615932.html

Is it permissible to use a personal phone on GM guest wifi to listen to a (clean) podcast, youtube or music streaming while you work via earbuds?

GM ki-ls new Chevrolet Bolt subcompact hatch for 2025 in favour of pricey EUV that erodes the idea of the affordable compact... — read more 

Recent time-line: GM had almost 58,000 salaried employees on the payroll in 2022.* GM announced late 2022 that they would not be laying people off, but then began to lay off thousands of IT workers in early 2023. Throughout 2023, GM cried poor... — read more 

https://www.reddit.com/r/GeneralMotors/comments/18czbnb/bd_layoffs_continued/ Evil GM and Mary Barra strikes again

This is a survey for people who work at the General Motors Technical Center in Warren. What business function do you work in? What is the approximate percentage of seats to the size of your group? For example, 50... — read more 

https://www.reddit.com/r/GeneralMotors/comments/18bh3v5/they_are_ok_with_you_leaving/

Did you see Mary's email? *Your attendance is being tracked. *You will attend work physically Tuesday, Wednesday and Thursday. *Your attendance "behaviour" will impact your performance rating. *People weren't coming in to their liking. *They have... — read more 

Scotty's Rant on GM's greed and lies how they say something but then lie and raise prices or not make something available is 10000% truth. Well said Scotty People, be warned of this evil corporation. Stay away from their cars and trucks and EVs. Do... — read more 

“Specifically, we will continue to execute our $2 billion net fixed cost reduction program by the end of 2024. This includes lower salaried people costs, lower marketing expense, and additional overhead reductions. Our Winning with Simplicity... — read more 

According to Consumer Reports article.

Anything interesting came out from this meeting?

GM to Hike Dividend, Buy Back $10 Billion of Slumping Stock https://finance.yahoo.com/news/gm-hike-dividend-buy-back-113318579.html General Motors Co. will boost its dividend by 33% and repurchase $10 billion of shares — its biggest-ever buyback... — read more 

Just heard rumors that GM is going to send out buyout notice very soon.

https://gmauthority.com/blog/2023/11/gm-to-share-business-update-on-november-29th/ Interesting information..

I just overheard some things from someone that came up in an executive corporate meeting today. Looks like the overseers are now going to be checking who has been showing up three days a week in the office in the past. I'm hearing it is going to... — read more 

After the resignation of Kyle Vogt as CEO of Cruise, the automaker faces a tough question: should it continue to burn through billions of dollars to prepare for a future that may never... — read more 

Kyle Vogt has resigned from his baby. And GM not doing a Super-Bowl add. https://gmauthority.com/blog/2023/11/kyle-vogt-resigns-as-cruise-ceo/

Warren Buffett dumped his entire $850m stake in GM https://fortune.com/2023/11/15/warren-buffett-dumped-850-million-stake-mary-barra-general-motors-amazon/ There's blood in the water. Why would he do this? This is why: GM Stock Has Suffered During... — read more 

https://www.fox2detroit.com/news/undesirables-gm-rencen-officers-accused-of-racism-and-as--ult-to-keep-some-away-from-riverfront

I was told of this by groups in Warren. Not sure of which groups. Is this news or rumors?

https://www.cnbc.com/amp/2023/11/13/stellantis-buyouts-us-salaried-workers.html

Here's one of the first prominent supplier bankruptcies due to plant closures: Michigan auto supplier files for bankruptcy https://americanmilitarynews.com/2023/11/michigan-auto-supplier-files-for-bankruptcy/ "Auburn Hills, Michigan, auto supplier... — read more 

https://www.forbes.com/sites/cyrusfarivar/2023/11/08/crisis-at-cruise-robotaxi-ceo-confirms-coming-layoffs-amid-scramble-to-rebuild-public-trust/

https://www.businessinsider.com/cruise-self-driving-robotaxis-struggled-detect-children-large-holes-report-2023-11?amp

https://www.forbes.com/sites/cyrusfarivar/2023/11/06/under-fire-over-robotaxi-safety-gm-halts-production-of-cruise-driverless-van/

The Maginot Line was a line of concrete fortifications. The line has since become a metaphor for expensive efforts, such as vehicle electrification, that offer a false sense of security.

General Motors (NYSE:GM) will cancel 1,245 layoffs at its factories in Sao Jose dos Campos, Sao Caetano do Sul and Mogi das Cruzes, all in the State of São Paulo, the union representing metalworkers said on... — read more 

https://www.freep.com/story/money/cars/general-motors/2023/11/04/behind-the-scenes-gm-signed-uaw-tentative-agreement/71455556007/ Whether General Motors CEO Mary Barra shakes hands with UAW President Shawn Fain if union workers ratify their... — read more 

Anyone here ever get cut as a direct GM employee, only to work later as a contractor? If so, what was that like? Did you run into the manager that cut you? Was it weird? What kind of pay difference was it? How likely do you think someone who was cut... — read more 

https://www.freep.com/story/money/cars/2023/11/03/the-big-win-for-salaried-uaw-members-at-gm-and-stellantis/71425026007/

Engineer, salary employee. Do I need a reason to convert? How many hours do I need to work to retain the benefits?