Sales of new cars are declining, a trend not seen since 2022
Mexico's new automobile sales fell 1.4% in September, the first decline the industry has faced since April 2022, when sales...
general motors
GM lays off more than 1,000 employees in its software and services department
General Motors (GM) announced Monday that it will lay off more than 1,000 salaried employees in its software and services...
As EV growth slows, GM and Ford rely on gas-powered trucks
When they release their first-quarter results the next week, American manufacturers General Motors, opens new tab, and Ford, opens new...
Through 2035, GM will invest $19 billion to purchase ingredients from LG Chem for EV batteries
According to the firms on Wednesday, General Motors intends to spend $19 billion over the course of the next ten...
UAW strikes reduced Stellantis’ earnings by roughly $3.2 billion
FILE PHOTO: Striking members of the United Auto Workers (UAW) REUTERS/Evelyn Hockstein/File Photo Stellantis revealed on Tuesday that until October,...
GM is losing $200 million a week due to the car workers’ strike
On Tuesday, General Motors reported $3.1 billion in profit for the July through September quarter, a decrease of more than...
U.S. car strike has a $412 million impact on the Mexican economy
According to Armando Cortés, general director of the National Auto Parts Industry (INA), the impact of the automotive strike in...
