Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected....
Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. The deal, if it goes through,...
Goldman Sachs this week reported losses related to its Main Street lending business. The banking giant has been pulling away from the credit card lending...
Generative AI is revolutionizing the automotive industry, pushing the boundaries of vehicle design, manufacturing and customer experience. The technology, which harnesses advanced algorithms to create...
General Motors (GM) has reportedly hired former Apple leader Tim Twerdahl as vice president of product management for the automaker’s software services group. Twerdahl will report...
Layoffs signal that a company is changing strategies, pulling back … maybe the market demand is not there that had been anticipated. In the wake...
General Motors laid off over 1,000 salaried employees in Software and Services, its division focused on infotainment, OnStar, subscriptions and other emerging features. The employees...
In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate...
Since the industrial revolution first brought machines into prominence, self-driving vehicles have populated future visions. And with the news that the autonomous delivery robot marketplace...