Paul Jacobson

Japanese automaker Honda Motor Co (NYSE:HMC) is reportedly scrapping its plans to develop affordable electric vehicles with Detroit-based General Motors Co (NYSE:GM). What Happened: Honda is not moving forward with its plans to produce budget-friendly EVs in conjunction with General Motors,...

General Motors Co (NYSE: GM) CFO Paul Jacobson said on Tuesday the company will spend about $2 billion on its self-driving taxi fleet Cruise this year. What Happened: The legacy automaker said it is just a permit away from being able to begin charging for rides....

General Motors Co (NYSE: GM) is trading higher Thursday after the company announced plans to double its annual revenue and expand margins to 12% to 14% by 2030. At General Motors' investor meetings, the company detailed how its hardware and software platforms will...

General Motors Co (NYSE: GM) said on Wednesday the ongoing semiconductor shortage and rising commodity inflation could bring in a $2 billion to $3 billion headwind in the second half of the year. What Happened: The No.1 U.S. automaker expects chip shortage to continue in the second half of 2021...