General Motors is shutting down production of some of its less-profitable vehicles, closing some plants and cutting an estimated 14,000 jobs. It will double its investment in autonomous and electric cars in the next two years in an effort to…
"I am cautiously pessimistic" about trade in this economy, a member of the motor vehicle supplier industry says.
Big American trucks used to be banned, and they're still subject to high tariffs, but GM and Ford seem to think the time is right.
BBC World Service
Volkswagen says it plans to invest billions in North America. The VW brand, which continues to achieve low U.S. quality scores, says the bold move was a sign of a new commitment to the market.