More than one-fourth of GM's 74,000 hourly employees are going to grab the loot and skedaddle. Earlier this year, UAW President Ron Gettlefinger estimated that 15,000 would put their hands out ...

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 ...

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 ...

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 ...

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 ...

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

But Toronto Maple Leafs GM Brad Treliving has opted not to use it and doesn't anticipate that he will between now and the end of the first buyout window closes at 5 p.m. on Friday.