Laid-off GM employees tell of ominous email, severance and role of AI
DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources. And an ...
Tag: Transportation
GM cutting hundreds of salaried IT workers as it trims costs, evaluates needs
The General Motors global headquarters in Detroit, Jan. 12, 2026.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT – General Motors is ...
Why one of the nation’s largest auto lenders isn’t worried about high vehicle prices or ‘forever loans’
Used cars are offered for sale at a dealership on July 11, 2023 in Chicago, Illinois.Scott Olson | Getty ImagesThe ...
Rocket Lab surges 34% in best day ever on revenue beat, record-setting launch deal
Rocket Lab's stock blasted 34%, notching its best day ever, after the space company topped first-quarter revenue estimates and announced ...
Spirit Airlines CEO on carrier’s collapse: ‘We just kind of ran out of runway’
A Spirit Airlines plane sits parked at Hollywood Burbank Airport on April 16, 2026 in Burbank, California. Justin Sullivan | ...
Trump says he’s raising EU auto tariffs to 25%
President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without ...
Spirit Airlines shut down. Here’s what travelers need to know if they have tickets
Spirit Airlines check-in Kiosks sit idle at Oakland International Airport on August 13, 2025 in Oakland, California. Justin Sullivan | ...
Trump says government gave ‘final’ bailout proposal for Spirit Airlines as liquidation looms
Spirit Airlines airplanes sit parked at Fort Lauderdale - Hollywood International Airport, in Fort Lauderdale, Florida, U.S., April 23, 2026. ...
Rivian renegotiates DOE loan down to $4.5 billion, adjusts capacity plans for Georgia plant
Rivian Automotive on Thursday said it has renegotiated a $6.57 billion loan from the U.S. Department of Energy down to ...
Ford raises 2026 guidance as $1.3 billion tariff refund assists in offsetting higher costs
Ford signage at the New York International Auto Show in New York City on April 2, 2026.Danielle DeVries | CNBCDETROIT ...
