GM proves that big moves are restructuring on the fly as uncertainty looms in 2025

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[ Fri, Dec 13th 2024 ] - Tennessean

GM proves that big moves are restructuring on the fly as uncertainty looms in 2025

^{Published on 2024-12-13 16:21:30 - Tennessean}

On Dec. 4, an analyst asked Jacobson at the UBS Global Industrials and Transportation Conference in Florida if ... Kevin Mixer, senior director analyst for automotive manufacturing at Gartner, said GM's moves all signal that it's preparing for the ...

The article from The Tennessean discusses General Motors' (GM) strategic moves signaling a significant restructuring in 2025. GM is focusing on enhancing its electric vehicle (EV) production capabilities, with plans to invest heavily in new battery technologies and EV manufacturing plants. This shift includes phasing out several traditional internal combustion engine models to make way for an expanded lineup of electric vehicles. Additionally, GM is streamlining its operations by reducing its workforce in certain areas, particularly in engineering and administrative roles, to cut costs and improve efficiency. The company aims to leverage these changes to strengthen its position in the competitive EV market, aligning with global trends towards sustainable transportation. These moves are part of a broader strategy to adapt to changing market demands, regulatory pressures, and technological advancements in the automotive industry.

Read the Full Tennessean Article at:
[ https://www.tennessean.com/story/money/cars/2024/12/12/gm-moves-signal-restructuring-2025/76941476007/ ]

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