Dan Ammann

General Motors Co (NYSE: GM) CEO Mary Barra has dismissed self-driving subsidiary Cruise’s CEO Dan Ammann due to differences over the focus on the robotaxi unit, Bloomberg News reported, citing people familiar with the events. What Happened: Ammann, who has led the self-driving car unit...

Many were surprised to learn that automaker General Motors Company (NYSE: GM) had purchased failing ride-sharing service Sidecar Technologies shortly after making a $500 million investment in Uber rival Lyft. However, analysts say that GM's efforts to cement its place in the ever-expanding sharing...

Fort Worth, Texas-based GM Financial, owned by General Motors (NYSE: GM), will start offering car loans to U.S. customers with prime credit this coming summer, according to The Detroit News. This is significant because GM Financial is known mostly for issuing auto loans to car buyers with less-...

Bankruptcy? Crumbling buildings? Runaway pension obligations? That hasn't stopped the Chinese from investing in Detroit. Quartz reported Thursday that the Chinese are flocking to the Detroit real estate market, buying any and everything they can get their hands on. It is such capital inflows...