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Nearly half of Buick dealers accept GM's takeover offer – Detroit News

Nearly half of Buick dealers are accepting a takeover offer from General Motors Co. as industry stakeholders grapple with a rocky transition to electric vehicles. Buick, GM’s oldest brand and the only brand not to offer an electric vehicle, said this week it had reduced its dealer count by 47% after offering the buyout program … [Read more…]

GM's Cruise autonomous vehicle unit fires nine “key executives” amid safety investigation

This San Francisco cruise apparently couldn’t figure out how to pull aside on a narrow street to let a bus pass. Matt Rosoff, CNBC General Motors’ Cruise autonomous vehicle unit has fired nine “key executives” amid ongoing safety investigations sparked by an October accident in San Francisco, according to an internal memo seen by CNBC. … [Read more…]