general motors

US Impending Ban on Software Sparks Concerns Over Connected Car Future

US Impending Ban on Software Sparks Concerns Over Connected Car Future
US Impending Ban on Software Sparks Concerns Over Connected Car Future
January 14, 2025  |  Regulation

The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across...

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Barclays Takes Over Goldman’s GM Credit Card Portfolio
Barclays Takes Over Goldman’s GM Credit Card Portfolio
October 14, 2024  |  Credit Cards

Barclays US Consumer Bank will become the exclusive issuer of General Motors’ GM Rewards Mastercard and GM Business Mastercard in the United States in the...

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Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
September 11, 2024  |  Banking

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....

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Goldman Takes $400M Hit From Consumer Loans
Goldman Takes $400M Hit From Consumer Loans
September 10, 2024  |  Banking

Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. Get the Full Story Complete the...

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Report: Goldman Sachs Struggles as It Tries to Exit GM Card
Report: Goldman Sachs Struggles as It Tries to Exit GM Card
September 10, 2024  |  Credit Cards

Goldman Sachs this week reported losses related to its Main Street lending business. Get the Full Story Complete the form to unlock this article and...

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75% of Automakers Plan to Integrate GenAI Into Vehicles This Year
75% of Automakers Plan to Integrate GenAI Into Vehicles This Year
September 05, 2024  |  artificial intelligence

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...

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Report: General Motors Hires Apple Veteran Tim Twerdahl
Report: General Motors Hires Apple Veteran Tim Twerdahl
August 27, 2024  |  Personnel

General Motors (GM) has reportedly hired former Apple leader Tim Twerdahl as vice president of product management for the automaker’s software services group. Get the Full...

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Do GM Layoffs Signal a Speed Bump for Connected Cars?
Do GM Layoffs Signal a Speed Bump for Connected Cars?
August 20, 2024  |  Connected Economy

Layoffs signal that a company is changing strategies, pulling back … maybe the market demand is not there that had been anticipated. Get the Full...

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GM Streamlines Software and Services Unit, Lays Off 1,000
GM Streamlines Software and Services Unit, Lays Off 1,000
August 19, 2024  |  Personnel

General Motors laid off over 1,000 salaried employees in Software and Services, its division focused on infotainment, OnStar, subscriptions and other emerging features. Get the...

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