GM to invest $5.4B in US factories over next 3 years
Investments expected to add 650 jobs, automaker says.
Ford acquires software startup Livio to get more smartphone apps into cars
Livio develops software that lets drivers connect to their smartphones through their car radios or dashboard infotainment systems.
China’s March auto sales up 13.3%, Japanese brands suffer more decline
Communist government promoting auto manufacturing, but still fine-tuning policies to encourage smaller, fuel-efficient vehicle sales.
GM spends $5.5B to buy back shares from US government
Automake’s purchase of 200 million shares still leaves government $21B short of breaking even.
GM plans 500,000 vehicles with electrification on roads by 2017
Automaker will focus development activities on plug-in technologies, says product development boss.
Nissan rolls out low-priced Chinese brand
The Venucia R50 hatchback will sell for as little as $10,760.
GM invests $220 million in Ohio plants
Automaker updating plants and preserving jobs to build next generation Chevy Cruze.
Struggling Peugeot-Citroen cuts 8,000 French jobs, shutters plant
Job cuts and plant closure part of a restructuring plan to save $1.9 billion a year.
GM in hot water over Cruze fires
Automaker recalls more than 500,000 of its uber-popular compact sedan over fluid leak fires.
GM CEO says automaker making strides in Europe
Restructuring in Poland, England and Germany has company hopeful it will turn operations around overseas.
China’s electric car struggles
Low EV sales cause the Asian country to cut back on investments and buyer incentives.
GM invests $385 million in Michigan engine plant
Investment will create 320 jobs at plant that manufactures engines for GM trucks and vans