GM offers salaried employee buyouts, will take up to $1.5 billion charge

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Go back to GM offers salaried employee buyouts, will take up to $1.5 billion charge

General Motors (GM) Hyundai in talks to acquire GM’s India plant

March 13, 2023 3:00 PM EDT

Hyundai Motor Co announced Monday that the Korean automaker has agreed to a potential acquisition of General Motors' (NYSE: GM) plant in India.

A final deal is subject to meeting certain conditions including obtaining "regulatory approvals from relevant government authorities and all... More

Ford Motor and GM 'continue to drive the core to future transition' - BofA

March 13, 2023 8:56 AM EDT

The General Motors (NYSE: GM) and Ford Motor (NYSE: F) restructuring plans are "chapters in Core to Future transition," BofA analyst John Murphy said in a note Monday.

The analyst, who maintained a Buy rating on both companies, stated that the plans were not big news but needed.

"In recent days, General Motors (GM) has provided additional color... More

General Motors (GM) expects $1.5B charge after announcing voluntary separation program

March 9, 2023 9:28 AM EST

General Motors (NYSE: GM) announced in its 8-K filing on Thursday a voluntary separation program in an effort to accelerate the normal attrition process and the resulting cost savings. The program is part of a January announcement where the company said it intends... More