GM's sales inch higher despite big UAW strike impact
Sales of GM's two full-size pickups, the Chevy Silverado and the GMC Sierra, rose only 3% in the quarter.
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Sales of GM's two full-size pickups, the Chevy Silverado and the GMC Sierra, rose only 3% in the quarter.
In the first 11 months of 2023, 8.3 million units of new energy vehicles were sold, accounting for more than 30% of total car sales, according to data released last month by the China Association of Auto Manufacturers.
Steep price cuts helped electric vehicle maker Tesla Inc. increase its fourth-quarter vehicle sales by almost 20% as EV sales growth slowed across the industry.
General Motors will lay off about 1,300 workers from two of its Michigan plants, according to WARN notices the company has filed with state regulators.
Ford Motor Company said it will match the production of the F-150 Lightning to customer demand after reports that it plans to cut production in half.
U.S. auto safety regulators say they have taken the first step toward requiring devices in vehicles that prevent drunk or impaired driving.
United Auto Workers union President Shawn Fain says he met with several non-union autoworkers after workers at Honda, Hyundai and Volkswagen accused the companies of illegal union-busting.
General Motors is losing money on every electric vehicle it sells, but the company says it's on track to generate mid single-digit pretax profit margins in 2025 as it produces more higher margin EVs, works out kinks in battery manufacturing and sees battery cost reductions.
Ford Motor Co. says a six-week strike by the United Auto Workers union cut sales by about 100,000 vehicles and cost the company $1.7 billion in lost profits this year.
Detroit had the country's first paved road and electronic traffic signal installed, and now the Motor City has the nation's first wireless charging road.
Automaker Stellantis has announced a recall of more than 32,000 of its hybrid Jeep Wrangler SUVs because they pose a potential fire risk.
The tentative agreement ratification vote for General Motors and United Auto Workers is turning into a nailbiter.
The tentative contract agreement between General Motors and the United Auto Workers union appears to be headed for defeat.
Speaking to a Senate committee on Capitol Hill, the United Auto Workers union president Shawn Fain called on the government to create an economy that works for the working class.
Stellantis says it will offer buyout or early retirement packages to about 6,400 nonunion U.S. salaried employees.