General Motors

President Joe Biden’s administration has conditionally agreed to loan more than $2 billion to the company building a controversial lithium mine in Nevada.

General Motors said that it is resuming sales of its electric Chevrolet Blazer after software issues forced the automaker to halt sales in December.

Ford Motor Co. reported that it swung to a net loss in the fourth quarter due to a large accounting charge on pension plans and the effects of a six-week strike at multiple factories by the United Auto Workers union.

General Motors is recalling more than 323,000 heavy-duty pickup trucks in the United States because the electronic tailgate release switches can short circuit and open the gates while the vehicles are in park.

The Kia EV9 large electric SUV won the 2024 North American Utility of the Year award, while the Toyota Prius hybrid took the top car honors, and Ford’s Super Duty pickup won the truck award.

U.S. consumers looking to get a tax credit on an electric vehicle purchase have fewer models to choose from under new rules that limit the countries where automakers can buy battery parts and minerals — a potential blow to efforts to reduce planet-warming emissions from autos.

General Motors’ troubled Cruise autonomous vehicle unit is cutting over 900 jobs, about a quarter of its workforce, as it moves to reduce costs and remake itself after a series of safety problems in San Francisco.

The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States, part of a broad effort to stimulate their sales to help combat climate change.

BMW is recalling a small number of SUVs in the United States because the driver’s air bag inflators can blow apart in a crash, hurling metal shrapnel and possibly injuring or killing people in the vehicles.

With manufacturing kinks still to be worked out, Tesla delivered the first of its futuristic Cybertruck pickups two years behind the original schedule amid uncertainty over when large-scale production will begin.

General Motors 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.

Clearly frustrated with its languishing share price, General Motors announced a massive stock buyback plan, raised its dividend and told investors it can absorb increased labor costs from a six-week autoworkers strike.

The United Auto Workers union has reached a tentative contract agreement with Mack Trucks that covers about 4,000 workers in three states.

The United Auto Workers union expanded strikes against Detroit automakers, ordering 7,000 more workers to walk off the job in Illinois and Michigan to put more pressure on the companies to improve their offers.

The top-selling vehicle in America will get a bit of a facelift next year, one of just a few new or updated vehicles that will be shown off at Detroit’s big auto show.