It's part of a larger strategy to exit unprofitable markets.
It's called pattern bargaining.
After contract negotiations between the United Auto Workers Union and General Motors break down, strike action planned for midnight on Sunday.
The Big Three have a profitable decade behind them. But from changing consumer tastes to the advent of the autonomous car, threats loom on the horizon.
A team-up between the two companies could lead to a huge boost in production, but a decrease in demand for new cars is expected.
American manufacturers are eager to win Chinese customers.
Electric cars are drawing attention and Chinese automakers are to the fore.
The White House is backtracking slightly on President Trump’s recent threats to close the U.S.-Mexico border on security concerns. Today, Press Secretary Sarah Sanders said there’s no specific timeline and that it’s “not our first choice,” but she also said…
Some foreign automakers are abandoning their U.K. operations, resulting in job losses and further uncertainty.
General Motors this week announced plans to build a new heavy-duty Chevy Silverado pickup truck in Michigan as it cut 4,000 jobs.