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Latest news on August 13, 2024: The reset involves a shift to producing electric vehicles, focusing on more upscale models and importing premium vehicles.
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Business News LIVE Updates : General Motors layoffs: Company cuts China jobs, to focus on electric vehicles
- GM is cutting staff in Chinese market-related departments, including research and development, according to people familiar with the matter.
Business News LIVE Updates : Japan’s Nikkei 225 recovers to levels seen before massive August 5 rout
- Technology firms including Tokyo Electron Ltd. rose after Nvidia Corp. boosted the Philadelphia Stock Exchange Semiconductor Index.
News business Latest Business News, Live Updates Today August 13, 2024: General Motors layoffs: Company cuts China jobs, to focus on electric vehicles
