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GM to cut 14% of global salaried workforce this year
Tue, 10 Feb 2009General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.
Toyota and Tesla strike $50m electric car deal
Fri, 21 May 2010Toyota has bought a $50m chunk of Tesla By Tim Pollard Motor Industry 21 May 2010 09:15 Toyota today agreed to buy a $50 million stake in Tesla Motors, the Californian electric car start-up. The two companies plan to cooperate on electric vehicles, batteries and other EV technology. But Tesla's tiny!
Students experiment with interactive window glass for GM
Wed, 18 Jan 2012General Motors is thinking long term for its back-seat entertainment. It worked with students from the Future Lab at Bezalel Academy of Art and Design in Israel to develop apps that run on a car's rear side windows. The project, called Windows of Opportunity, was inspired by studies that say passengers often feel disconnected from their environments.