For years, low gas prices fueled sales of SUVs and pickup trucks, and low interest rates made it easier for car buyers to trade up every time some shiny new technology came along. But with gas prices and interest rates rising, and tariffs on imported aluminum and steel driving up costs, automakers are facing an […]

General Motors reports fourth-quarter earnings before the market opens today. Analysts are expecting an earnings increase for the big carmaker, which retook the lead from Tesla in market valuation last year. GM stock rallied 20 percent in 2017 as the company unveiled bold plans for driverless taxis. Click the above audio player to hear the […]

The future of driving may be closer than we thought. General Motors has announced plans to mass produce a fully autonomous car without a steering wheel or pedals in 2019 — if it gets the go-ahead from federal regulators. Ford and other manufacturers aren’t far behind.  Click the audio player above to hear the full […]

General Motors is out — of Europe, that is. The carmaker is selling its two European car brands Vauxhall and Opel to a French carmaker called PSA Group, which owns Peugeot and Citroen. GM is selling its European brands for $2 billion and is agreeing to be on the hook for $4 billion in pensions […]

General Motors has announced record earnings of $12.5 billion last year. The company’s 52,000 hourly workers will take home profit-sharing checks of as much as $12,000. It’s an impressive feat, considering where the company was less than a decade ago. But the car company is not resting on its laurels.

President Trump told the heads of General Motors, Ford and Fiat Chrysler today that he wants to see new auto plants built in the U.S. He signed an executive order to streamline the permitting process for getting domestic manufacturing projects off the ground, the goal being to reduce what he called the “incredibly cumbersome, long, […]

Building abroad makes economic sense for U.S. automakers.