General Motors said last week it would hire over 8,000 new technical staff this year, as the U.S. automaker speeds up its development of electric vehicles and software-driven services. The
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General Motors said last week it will invest $7 billion in Michigan, much of which concerns enhancing the production of full-size electric pickups. The investment has been labeled as an
LG Energy Solution (LGES) plans to spend $2.1 billion together with General Motors for building an electric vehicle (EV) battery plant in the US, parent firm LG Chem said last week.
Ford Motor said this week it would halt retail orders for the Maverick as it did not have the capacity to satisfy overwhelming demand. The vehicle is an affordable pickup
Ford Motor’s fourth-quarter results include an $8.2 billion gain on its investment in Rivian Automotive, after the electric automaker’s market debut in November. Rivian had increased as much as 53%
Mexico’s government said that a trade union vote at the General Motors plant located in the central city of Silao will be held on February 1-2 after workers voted in
Ford Motor’s market value surpassed $100 billion for the first time last week as more investors bet on the automaker’s shift to electric vehicles. Ford is now worth more compared
General Motors on 9 January said it agreed to recognize California’s authority to set vehicle emission standards under the Clean Air Act. The move will make the automaker qualified for
General Motors on Monday started a credit card with Goldman Sachs and revamped its rewards program to allow customers to earn more points to put toward purchasing or leasing Buicks,
Ford Motor saw a 6.8% decline in 2021 U.S. vehicle sales due to supply-chain bottlenecks and a global chip shortage crisis. The automaker sold 1,905,955 vehicles in 2021, ending up
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