General Motors Company

GM

General Motors Company

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US economy shrinks, threats loom, but growth likely to last

WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and and , yet economists foresee a return to growth for the rest...

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Ford loses $3.1 billion, hit by investment and chip shortage

DALLAS (AP) — Ford Motor Co. reported Wednesday that it lost $3.1 billion in the first quarter, weighed down by its investment in an...

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GM's $2.94B 1Q profit tops Street views, but revenue misses

LOS ANGELES (AP) — General Motors’ net income declined in the first quarter, as the automaker sold fewer cars and trucks worldwide, although higher...

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GM to offer electrified Corvette as early as next year

General Motors says it will offer an electrified Chevrolet Corvette as early as next year.

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Asian shares advance on back of rally on Wall Street

Asian shares were mostly higher Tuesday after U.S. stocks stormed back from sharp losses to log strong gains.

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Biden launches $6B effort to save distressed nuclear plants

WASHINGTON (AP) — The Biden administration is launching a $6 billion effort to rescue nuclear power plants at risk of closing, citing the need to...

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Macron, Le Pen decry 'shocking' Stellantis CEO pay

PARIS (AP) — French President Emmanuel Macron and his far-right challenger in the French presidential vote, Marine Le Pen, on Friday both decried...

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Japanese e-vehicle battery company to build Kentucky plant

FRANKFORT, Ky. (AP) — A Japanese electric vehicle battery technology company will build a factory in Kentucky, creating 2,000 jobs in a $2 billion...

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Japan's Honda outlines strategy to forge ahead on EVs

TOKYO (AP) — Honda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological...

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Japan's Nissan plans 'game changing' electric car batteries

TOKYO (AP) — Nissan is working with NASA on a new type of battery for electric vehicles that promises to charge quicker and be lighter yet safe,...

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US electric-vehicle tax credits ending for new Toyota buyers

DETROIT (AP) — Toyota customers soon won't be able to get U.S. federal tax credits for buying electric or hybrid vehicles.

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GM, Honda plan to co-develop affordable electric vehicles

General Motors and Honda are planning to co-develop some affordable electric vehicles that will use GM's next-generation Ultium battery technology.

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US agency opens probe into electric vehicle batteries

DETROIT (AP) — U.S. safety regulators have opened an investigation into electric and hybrid vehicle batteries after five automakers issued recalls...

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10,000 health workers sent to help control Shanghai outbreak

BEIJING (AP) — China has sent more than 10,000 health workers from around the country to Shanghai, including 2,000 from the military, as it...

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U.S. auto sales fall in Q1 as chip shortage slows factories

DETROIT (AP) — New-vehicle sales in the U.S. fell about 12% in the first quarter compared with a year ago, as the global computer chip shortage...

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China tries to limit economic blow of Shanghai shutdown

BEIJING (AP) — As millions of people in Shanghai line up for coronavirus tests, authorities are promising tax refunds for shopkeepers in the...

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