Page 35 - Dan Ammann News Today

The new truck is the first to incorporate the Detroit automaker’s Ultium platform, motors and batteries, all of which GM developed in-house.

Tech stocks continued to slide in the premarket Friday, one day after they got crushed and sent the Nasdaq down nearly 2.5

Tech stocks continued to slide in the premarket Friday, one day after they got crushed and sent the Nasdaq down nearly 2.5

It’s unclear at this time what lead to Dan Ammann’s abrupt departure, which comes ahead of commercialization plans for Cruise.

Dan Ammann, CEO of General Motors’ Cruise autonomous vehicle subsidiary, is leaving the Detroit company. GM didn’t give a reason in a short statement Thursday but said that Kyle Vogt, president and chief technical officer, would be Cruise’s interim CEO. The leadership change comes just as Cruise is about to start a fully autonomous ride-hailing…

These are the stocks posting the largest moves in midday trading.

The change comes just as the company is about to start a fully autonomous ride-hailing service.

The new truck is the first to incorporate the Detroit automaker’s Ultium platform, motors and batteries, all of which GM developed in-house.

Wesley Bush, the former chairman and CEO of Northrop Grumman and a GM board member, will join the Cruise board.

It’s unclear at this time what lead to Dan Ammann’s abrupt departure, which comes ahead of commercialization plans for Cruise.