The new Ford EV strategy is expected to result in an $8.5B pre-tax asset write-down, a $19.5B EBIT impact, and a $5.5B cash ...

General Motors is cutting more than 1,700 jobs tied to its electric vehicle strategy, a sharp reversal that exposes how ...

General Motors announced its third major round of workforce reductions in late October 2025, eliminating approximately 1,700 ...

In recent days many workers have reached out to the World Socialist Web Site to express their anger and frustration with both ...

Ford (F) expects to take on $19,5 billion in charges over its pivot to hybrid and extended range EVs (EREV) from full ...

Morning Brief host Julie Hyman breaks down the biggest market stories developing on December 16, 2025. RSM chief economist ...

Detroit wants to make money on big, gasoline-powered cars today while also keeping up with Chinese EV competitors.

As we step into 2026, Australia’s digital economy is poised for a transformative year. The convergence of artificial ...

Ford Motor Co. is significantly scaling back its electric vehicle program, citing years of financial losses. The automaker reported losses totaling approximately $13 billion on EV projects since 2023.

Level 3, which is what Mercedes Drive Pilot falls under, is called "conditional automation." This means the car can handle ...

General Motors Korea promised to invest $300 million to upgrade its products here and beef up the foundation for continued ...

GM is one of several major automakers urging U.S. lawmakers to prevent Chinese state-backed automakers from establishing a ...