VentureCapital

General Motors has announced a new project aimed at sourcing and encouraging new automotive technologies. The company has set up a venture capital subsidiary under the General Motors Ventures, LLC banner, and it plans to use its new arm to bring a slew of new tech to market. What kind of goodies ...

That Chrysler continues to struggle isn't exactly news. As a whole, the auto industry is tanking and cars just aren't moving off dealer lots. Chrysler initially responded by offering buyouts to its entire workforce, and 25% off all its salaried workers took the company up on the offer. Earlier this ...