The coronavirus pandemic has led to many layoffs and salary cuts and the latest company to give its employees bad news is GM. According to a list of actions announced by the company obtained by CNBC, GM has temporarily cut the salary of roughly 69,000 workers by 20% amid the coronavirus outbreak. The reduced pay … Continue reading “GM Has Temporarily Cut its Workers Pay Amid Coronavirus Outbreak”
Tag: GM
Hot Stocks
General Motors Takes on Tesla With Plans to Spend $20 Billion on New Electric Vehicles
Tesla may have to start sweating as General Motors has revealed that it plans to…
March 4, 2020
Hot Stocks
GM and Amazon Team Up to Install Alexa into Cars
GM drivers next year may have something to be excited about. Amazon and GM have…
September 27, 2019
Hot Stocks
Shares of Workhorse Exploded After This Tweet from President Trump
Workhorse, an Ohio-based automaker, saw its shares surge over 200% on Wednesday after President Trump…
May 9, 2019
Hot Stocks
General Motors Plans to Fire Thousands of Workers Starting Next Week
There will be plenty of unhappy and unemployed people next week on account of General…
February 2, 2019
Hot Stocks
General Motors Just Gave a Very Upbeat Outlook for 2019
According to a forecast from auto maker General Motors, the expectations for 2019 are looking…
January 11, 2019
President Trump Fires Back at General Motors
Shares of General Motors were in the red as President Trump fired back at the…
November 28, 2018
Hot Stocks
GM Shares were Briefly Halted over This Announcement
Shares of GM were briefly halted in Monday trading after the company announced that it…
November 26, 2018
Hot Stocks
General Motors and Other Car Companies Warn About Increased Car Prices
U.S. tariffs on imported vehicles has many car companies warning that they will mean increased…
June 29, 2018
Hot Stocks
GM Vice President of Product Development Embarrassed for Wrecking Pace Car
It was over the weekend that GM vice president of product development Mark Reuss drove…
June 4, 2018
Hot Stocks
Chevy is Working on Letting you Pay for Gas Inside your Car
One of the most annoying things is having to get out of your vehicle to…
April 18, 2018
Hot Stocks
GM’s Cruise will test self-driving cars in New York in 2018
It looks like General Motors is just months away from starting to test autonomous cars…
October 17, 2017
Hot Stocks
General Motors to Temporarily Shut Down its Detroit Factory
According to the Wall Street Journal, General Motors is planning on shutting down its factory…
October 12, 2017
Hot Stocks
General Motors is Going Electric
Watch out Tesla. In the next five years or so, General Motors has pledged to…
October 2, 2017