JetBlue passenger recounts 'scary' JFK plane tipping incident — and how they had to help 'rebalance' jetGeneral Motors delays opening electric-truck factory as EV demand waneselectric vehicle strategy
During a call with analysts, Barra called GM’s offer a record contract that would allow GM’s US factory workers to earn up to $84,000 a year, and also compel the company to look for further cost savings. The rising toll of the UAW strikes, the outlook for higher labor costs once a new contract is reached, rising warranty expenses, and an uncertain macroeconomic outlook have forced GM to abandon previous targets for full-year financial performance that it had lifted in July. over the pace of its expansion, GM is reworking its EV strategy in the region, pulling back from efforts to challenge Tesla’s lead in the US EV segment.
GM’s decision to delay retooling of a large factory in Orion Township, Michigan, to build electric pickup trucks will save $1.5 billion in capital investments in 2024, Jacobson said.
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