December 10, 2018
Via: FortuneWhen General Motors announced plant closings and a 15% workforce cut, the plan was to plow savings into electric and autonomous vehicle development, which is seen as the industry’s future. But selling electric vehicles (EVs) will get tough without a […]
March 1, 2018
Via: FortuneGM, Ford, and Fiat Chrysler Automobiles all experienced a drop in U.S. auto sales in February compared to the same month last year, as incentives aimed at boosting the end-of-the-year sales ended. There were a few bright spots within each […]
August 7, 2017
Via: FortuneGeneral Motors is recalling nearly 800,000 trucks that have been found to suddenly lose power steering, potentially causing drivers to lose control of their vehicle. The problem, according to the National Highway Traffic Safety Administration, can be triggered when a vehicle is using […]
March 6, 2017
Via: FortuneGeneral Motors (GM, +1.24%) announced Monday it will be selling its European division to French carmaker PSA Group (PEUGEOT.S-A) for $2.33 billion ( € 2.2 billion), reports the BBC. The deal, first reported Friday, will see GM’s European brands Opel […]
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