General Motors on Tuesday completed its acquistion of the Cruise autonomous vehicle unit, laying off half the workforce. The ...

Valued at a market cap of $47.8 billion, General Motors Company (GM) is a multinational automotive manufacturing company.

30 automotive liquidity excluding Cruise at $40.2 billion ... GM gives four banks all $10 billion upfront to repurchase GM stock over time) with $6.8 billion immediately repurchased on Dec ...

For reference, Cruise reports FY2024 expenses of $3.29B ... Based on the management's mixed near-term prospects, we believe that the GM stock is likely to remain volatile in the intermediate ...

Detroit is looking more and more like Silicon Valley these days as the auto industry shifts into new technologies such as ...

The paid subscription for the Super Cruise hands-free driving system could be a considerable revenue stream for GM over the next five years.

We think actions such as buying Cruise, along with GM’s connectivity ... GM gives four banks $10 billion up front to repurchase GM stock over time) with $6.8 billion immediately repurchased ...