GM's year of transformation: More robot cars, fewer traditional jobs
General Motors | December 26, 2018
General Motors spent the year raising money to develop robot cars, hiring top tech talent and cutting other salaried and hourly workers - all while it makes plans to close plants that build out-of-favor sedans by the end of 2019.
GM also said it will move Cadillac back to Michigan from New York to give it new and improved vehicles to sell in a move to revive the brand's sales. The redesigned 2019 GMC Sierra Denali and 2019 Chevrolet Silverado pickups are GM's big moneymakers. Those sales pay for much of GM's research and development in other areas such as self-driving cars. The new pickups began trickling into dealerships in late August. GM introduced the new trucks earlier this year in anticipation of robust sales of the highly profitable vehicles.