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Employee pricing. Employee pricing is a selling strategy launched in 2005 by the auto industry to attract customers by using the discounted prices that auto industry employees pay for new cars rather than the sticker price MSRP. The program was first offered that year by General Motors, and later followed by Ford, Chrysler, and some local ...
Cruise LLC is an American self-driving car company headquartered in San Francisco, California. Founded in 2013 by Kyle Vogt and Dan Kan, [4] [5] [6] Cruise tests and develops autonomous car technology. The company is a largely autonomous subsidiary of General Motors. [7]
The Renaissance Center in Detroit, Michigan, is the world headquarters of General Motors.. The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates back more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible.
SAN FRANCISCO (Reuters) -Cruise, the robo-taxi unit of General Motors, on Thursday suspended the program under which GM buys back employees' shares, following an accident that led to the pause of ...
Likewise, the Free Press reported on Jan. 23 that UAW-represented workers at Ford also began receiving $50,000 buyout offers. The window for eligible employees to sign up for that program was ...
The strikers at four of GM's assembly plants and 18 parts distribution centers across the country are returning to work through the ratification process.. Higher new car prices. Fain ended the ...
On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
In a company-wide email to employees Tuesday morning that was obtained by the Detroit Free Press, CEO Mary Barra made it clear she wants white-collar workers at their desks inside GM facilities on ...