General Motors is eliminating more than 900 salaried jobs by closing an information technology facility in Arizona this fall. The IT Innovation Center in Chandler, which opened in 2014, will...
Privately held steel company Esmark said on Wednesday it would not participate in the purchase process for U.S. Steel Corp and respect the position of the United Steel Workers union,...
As EVs remain more expensive upfront than their gasoline-powered counterparts, leasing could present an attractive option for those looking to spread out costs and still reap the benefits of lower...
Ultium — a joint venture between General Motors and South Korea's LG Energy Solution to produce battery cells for the automaker's electric vehicles — reported the incident Monday to the...
Business Insider said pictures showing Tesla's internal workflow software indicated that the U.S. EV maker had lowered its target for July and August to 870 cars per day. Even this...
On the earnings call, Greco said that “mid-single digits” wage increases had led to improved employee retention, and supply-chain improvements increased the number of parts in stock, both of which...
Automakers are taking divergent paths, at least for now, on converting to USB-C. Some, including Toyota, Mercedes-Benz, BMW and Volkswagen, are all-in, switching exclusively to the new standard as each...
The New York State Department of Financial Services last month reminded lenders to give consumers refunds on their finance and insurance products if their vehicles are repossessed or deemed a...
The Consumer Financial Protection Bureau said it has told at least one auto lender to stop keeping excess amounts collected from borrowers on transactions in which a dealership inflated a...
The Kicks, which went on sale in the U.S. in 2018, is a key model for Nissan as the automaker's entry-price crossover. The subcompact segment was the third-fastest-growing crossover group...
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