Reported 7 months ago
Recent developments include General Motors' Cruise self-driving-car company resuming manual driving in Phoenix, Houston, and Dallas while negotiating a union deal in Ohio and approving a $6 billion stock buyback program. Despite challenges, GM has announced a $850 million investment into Cruise, while analysts like Citi and Bank of America Securities view these moves as positive and expect better second-quarter earnings for GM.
Source: YAHOO