Automakers from Detroit to Germany are scrambling to make changes and cut costs to survive in China as government-backed domestic manufacturers there continue to flourish in the world's largest auto ...
General Motors (GM) announced on Tuesday that it would take a $1.6 billion charge for the third quarter, citing a “strategic realignment” of its electric vehicle manufacturing capacity. The write-down ...
General Motors and Ford Motor Co. were among the biggest decliners in the U.S. stock market Thursday on growing concern that demands from union leaders could send the automakers’ labor costs soaring.
General Motors Company (NYSE:GM), Ford (NYSE:F) and Stellantis N.V. (NYSE:STLA) slid amid worries that a strike or big union wage increase may be imminent. It probably didn’t help that the United Auto ...