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GM head hold talks with Samsung units over EV battery, auto parts cooperation

The head of the U.S. auto giant General Motors (GM) met with chiefs of Samsung Group affiliates on Wednesday to discuss cooperation in areas involving electric vehicle (EV) batteries and auto electric parts, industry sources said. ....

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REVEALED: UAW strike cost General Motors $1.1 BILLION - and will cut spending, including on EVs and at Cruise, to absorb costs of new contract

In order to cut costs following the United Auto Workers strike, General Motors will slowdown spending on its self driving vehicle unit, Cruise. GM said the strike costs the company $1.1 billion. ....

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