General Motors announced today that approximately 19,000 hourly employees have opted to leave the automaker's ranks in exchange for a buyout offer and retirement incentives. The offer was extended ...

While some companies are freezing their pension plans, others, like General Motors, are using early-retirement incentives as a way to trim their workforce and cut costs. In late June, GM announced ...

Tesla’s lease buyout option represents a strategic pivot ... With automakers like Ford, GM, and Hyundai continuing to dial EV production up a notch, Tesla’s move could be seen as a way to ...

Dealers say employee and retiree incentives drive majority of EV sales, helping make Michigan No. 2 market for electric vehicles.

consider a lease buyout. Before you jump in, determine if a lease buyout is the right financial move. The purchase price, lease-end fees and higher auto loan rates should all factor into your ...

The upside, however, is that GM would presumably warranty the batteries for the life of the lease, easing concerns over what happens to the battery packs if and when they fail. In order to sell ...