GM Delays Plans to Hire 3,000 Salaried Workers

The company plans to delay filling some open positions after hiring 7,000 new salaried workers already in 2022.
The company plans to delay filling some open positions after hiring 7,000 new salaried workers already in 2022.
The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.
The EV race heats up as Ford Motor Co. and General Motors Co. highlight new electric pickups while other car companies get ready to release new battery-powered models in 2022.
The question comes down to who will write the software for advanced features like hands-free driving: chipmakers, carmakers, or Tier I suppliers.
Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.
GM sales fall short of Toyota Motor Corp. over two consecutive quarters.
Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
The Detroit 3 has taken the biggest hit as automakers tweak production to manage the crisis.
The Biden Administration has bipartisan support to contribute $50 billion for semiconductor manufacturing and research, but where the funds will go remains subject of debate.
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