Business
GM’s new product chief Sterling Anderson eyes technology renaissance for automaker
GM Chief Product Officer Sterling Anderson during the automaker’s “GM Forward” event on Oct. 22, 2025 in New York City.
GM
DETROIT — General Motors’ newest product and technology executive has said he thinks of the Detroit automaker as a canvas. One that can be curated, retouched or even torn apart.
After roughly six months as executive vice president and chief product officer, Sterling Anderson appears to be putting all three ideas to work as he oversees the company’s vast product portfolio — from the vehicles themselves to the software powering them.
Anderson, who left the self-driving car company Aurora Innovation that he co-founded to join GM in June, has quickly become the most influential product executive in more than 15 years, outside of GM President Mark Reuss.
He has consolidated power to oversee “the end-to-end product lifecycle” of GM vehicles, including manufacturing engineering, battery, software and services product management, and engineering teams, according to GM.
“My priority is to accelerate the pace of innovation. One of the ways we do that is with this disaggregation of, or this abstraction of, software from hardware,” he told CNBC during an Oct. 22 technology event in New York. “That’s the point of the role, I think, is it brings together all of these pieces into a unified approach to how we do product going forward.”
Since then, the company’s acclaimed heads of software and artificial intelligence have unexpectedly exited the company after relatively short tenures. Their main responsibilities related to vehicles now fall under Anderson.
GM attributed the abrupt departures of Dave Richardson, senior vice president of software and services engineering, and Barak Turovsky, head of AI, to restructuring efforts.
Mary Barra, Chair and CEO of General Motors (right to left), Mark Reuss, President, Sterling Anderson, Chief Product Officer, and Dave Richardson, Senior Vice President Software and Services Engineering at “GM Forward” on Wednesday, October 22, 2025 in New York.
GM
“We are strategically integrating AI capabilities directly into our business and product organizations, enabling faster innovation and more targeted solutions,” a GM spokeswoman said about Turovsky’s departure in an emailed statement last week.
It’s another indication of Anderson’s strategy. He previously told CNBC that for GM to succeed, software and product must be thought of as one and the same rather than as separate units, like they have been in recent years.
Anderson said he spent the first months of his GM tenure “in a listen mode,” immersing himself in the automaker’s operations.
“What that five months of listening has allowed me to do is really fine tune and target how we’re going, not just kind of what we’re going to innovate on, but how we’re going to do it,” he said in the October interview.
A third executive is also leaving soon, as Baris Cetinok, senior vice president of software and services product management, will depart the company effective Dec. 12, as first reported by CNBC.
Unlike Richardson and Turovsky, the company did not attribute his departure to the restructuring. Three sources familiar with the situation who spoke anonymously because the discussion was private told CNBC that Cetinok left to pursue another opportunity.
Cetinok, Richardson and Turovsky either declined to comment or did not respond to requests for comment about their departures. Cetinok and Richardson joined GM in 2023, while Turovsky was hired in March.
‘Silicon Valley cowboy’
Anderson, a former McKinsey & Co. consultant turned Tesla executive, said before he joined GM, he had thought of the automaker more of a comedic caricature rather than a canvas that he would help turn into a modern masterpiece.
Anderson said CEO Mary Barra and Reuss, whom he reports to, helped him break down that “old-world automotive” caricature and concerns about employees of the automaker not supporting his efforts.
“I was really worried about it, right? I’m the ‘Silicon Valley cowboy’ that’s coming into Detroit and, you know, ‘pew pewing’ his way through an innovation story with a team that I was concerned wouldn’t receive that well. I found it quite different from what I’d expected,” Anderson said.
His appointment is a refocus for the automaker on software-defined vehicles and autonomy. He said GM’s goal is to build an autonomous vehicle, which comes a year after the company disbanded its majority-owned Cruise AV business following years of development and billions of dollars in capital.
New York Times columnist Andrew Ross Sorkin and Chair and CEO of General Motors Mary Barra speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City.
Michael M. Santiago | Getty Images News | Getty Images
“Just be clear, we’re developing a self-driving product,” he told CNBC. “It’s a self-driving product that can be safe without any handbacks to the human in safety critical situations.”
Barra on Wednesday cited Anderson and the automaker’s past efforts in autonomous vehicles as reasons why GM is “well positioned” to achieve autonomous highway driving in its vehicles beginning in 2028.
“As we talk about artificial intelligence, autonomous driving is one of the ultimate applications that I still strongly believe in,” Barra said at The New York Times DealBook Summit, reconfirming the automaker’s “personal autonomous vehicle” plans rather than Cruise robotaxis.
Anderson is considered a leading expert in vehicle autonomy. Before co-founding self-driving firm Aurora, he led Tesla’s Model X program and the team that delivered its “Autopilot” advanced driver assistance system. He also developed the Massachusetts Institute of Technology’s “Intelligent Co-Pilot,” a semi-autonomous vehicle safety system.
Anderson, who holds a master’s and Ph.D. in robotics from MIT, said it took several conversations for him to leave Aurora, which he thought he “would die with.”
He isn’t alone in his change of heart; however not many have lasted long at the automaker. Several other current and former Silicon Valley executives have voiced similar optimism about GM as well as its longstanding CEO and president — both of whom have spent their entire careers at the automaker as “GM lifers.”
Richardson previously hailed working for Barra, who he reported to before Anderson, as “an opportunity of a lifetime.” Cetinok previously described his position as “a product person’s dream” in an interview with CNBC.
Jens Peter “JP” Clausen, who led Tesla’s manufacturing expansion and worked at Lego and Google, partly credited the “opportunity to work for a leader like” Barra as a reason to join GM as its head of manufacturing before an unexpected departure after only one year.
The accolades have gone both ways. When Anderson’s appointment with GM was announced in May, Barra and Reuss hailed Anderson as being equipped to “evolve” and “reinvent” the automaker’s operations.
In addition to Anderson’s new product unit, Reuss continues to oversee the automaker’s manufacturing, design, marketing and sales, among other operations.
Tech execs
The global automotive industry has battled for years to better integrate technology into vehicles — from their production to consumer-facing software and remote, or “over-the-air,” updates like Tesla pioneered.
GM has taken an aggressive approach to tech by hiring leaders from Tesla and companies such as Apple and Google. However, many times, those executives have had short tenures with the company, such as the three most recent departures.
“[Traditional U.S. automakers] have very much had a significant struggle with understanding software and electronics technology, and that has caused them to have a parade of experts quote ‘coming in to help,'” said Peter Abowd, an engineer turned automotive and technology consultant.

Abowd, general manager of engineering excellence at consulting firm Envorso, attributed the executive turnover to “a misapplication of skills and talent,” as well as unrealistic expectations and overwhelming responsibilities in a company as large as GM and an industry as complex as the automotive world.
“It’s just kind of setting the person up for a bit of failure,” Abowd said. “In a couple years, you can’t culturally shift an organization … so the best thing to do is to part ways.”
That kind of turnover has led automakers like GM to regularly pivot in different directions, including in-vehicle technologies, electric vehicle batteries and other areas not traditionally “core” to the automotive industry.
Barra, who is GM’s longest-serving CEO since the company’s founder, has become known for hiring executives at opportunistic times based on the company’s top priorities, which now appear to largely land under Anderson.
GM “is really good at a lot on things” that aren’t necessarily apparent to those outside the company, according to Anderson. He said he believes combining his experience with fast-moving companies such as Tesla and Aurora and GM’s “massive machine” and resources will better position the automaker for the future.
“I view it as a canvas,” Anderson said. “This is an extraordinary opportunity for innovation, and I’d be remiss not to see what I can do for it.”
Business
Budget 2026: India pushes local industry as global tensions rise
India’s budget focuses on infrastructure and defence spending and tax breaks for data-centre investments.
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New Income Tax Act 2025 to come into effect from April 1, key reliefs announced in Budget 2026
New Delhi: Finance Minister Nirmala Sitharaman on Sunday said that the Income Tax Act 2025 will come into effect from April 1, 2026, and the I-T forms have been redesigned such that ordinary citizens can comply without difficulty for ease of living.
The new measures include exemption on insurance interest awards, nil deduction certificates for small taxpayers, and extension of the ITR filing deadline for non-audit cases to August 31.
Individuals with ITR 1 and ITR 2 will continue to file I-T returns till July 31.
“In July 2024, I announced a comprehensive review of the Income Tax Act 1961. This was completed in record time, and the Income Tax Act 2025 will come into effect from April 1, 2026. The forms have been redesigned such that ordinary citizens can comply without difficulty, for) ease of living,” she said while presenting the Budget 2026-27
In a move that directly eases cash-flow pressure on individuals making overseas payments, the Union Budget announced lower tax collection at source across key categories.
“I propose to reduce the TCS rate on the sale of overseas tour programme packages from the current 5 per cent and 20 per cent to 2 per cent without any stipulation of amount. I propose to reduce the TCS rate for pursuing education and for medical purposes from 5 per cent to 2 per cent,” said Sitharaman.
She clarified withholding on services, adding that “supply of manpower services is proposed to be specifically brought within the ambit of payment contractors for the purpose of TDS to avoid ambiguity”.
“Thus, TDS on these services will be at the rate of either 1 per cent or 2 per cent only,” she mentioned during her Budget speech.
The Budget also proposes a tax holiday for foreign cloud companies using data centres in India till 2047.
Business
Budget 2026 Live Updates: TCS On Overseas Tour Packages Slashed To 2%; TDS On Education LRS Eased
Union Budget 2026 Live Updates: Union Budget 2026 Live Updates: Finance Minister Nirmala Sitharaman is presenting the Union Budget 2026-27 in Parliament, her record ninth budget speech. During her Budget Speech, the FM will detail budgetary allocations and revenue projections for the upcoming financial year 2026-27. Sitharaman is notably dressed in a Kanjeevaram Silk saree, a nod to the traditional weaving sector in poll-bound Tamil Nadu.
The budget comes at a time when there is geopolitical turmoil, economic volatility and trade war. Different sectors are looking to get some support with new measures and relaxations ahead of the budget, especially export-oriented industries, which have borne the brunt of the higher US tariffs being imposed last year by the Trump administration.
On January 29, 2026, Sitharaman tabled the Economic Survey 2025-26, a comprehensive snapshot of the country’s macro-economic situation, in Parliament, setting the stage for the budget and showing the government’s roadmap. The survey projected that India’s economy is expected to grow 6.8%-7.2% in FY27, underscoring resilience even as global economic uncertainty persists.
Budget 2026 Expectations
Expectations across key sectors are taking shape as stakeholders look to the Budget for support that sustains growth, strengthens jobs and eases financial pressures:
Taxpayers & Households: Many taxpayers want practical improvements to the income tax structure that preserve simplicity while supporting long-term financial planning — including broader deductions for home loan interest and diversified retirement savings options.
New Tax Regime vs Old Tax Regime | New Income Tax Rules | Income Tax 2026
Businesses & Industry: With industrial output and investment showing resilience, firms are looking for policies that bolster capital formation, ease compliance, and expand infrastructure spending — especially in manufacturing and technology-driven sectors that promise jobs and exports.
Startups & Innovation: The startup ecosystem expects incentives around employee stock options and capital access, along with regulatory tweaks that encourage risk capital and talent retention without increasing compliance burdens.
Also See: Stock Market Updates Today
The Budget speech will be broadcast live here and on all other news channels. You can also catch all the updates about Budget 2026 on News18.com. News18 will provide detailed live blog updates on the Budget speech, and political, industry, and market reactions.
We are providing a full, detailed coverage of the union budget 2026 here, with a lot of insights, experts’ views and analyses. Stay tuned with us to get latest updates.
Also Read: Budget 2026 Live Streaming
Here are the Live Updates of Union Budget 2026:
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