The National Highway Traffic Safety Administration, or NHTSA, has announced the finalization of a new rule that will require automakers to equip new vehicles with enhanced seat belt reminder ...

China was once lauded as a huge opportunity for autos. As EVs exploded in popularity, GM's struggles in China began. GM will take a $5 billion charge to restructure China operations. General ...

The poor performance of General Motors' Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totalling more than $5 billion USD in the fourth quarter ...

Japanese carmaker Nissan Motor is also cutting 9,000 jobs and significantly reducing its manufacturing capacity due to its slipping sales in China and the U.S. In Detroit, GM’s cross-town rival ...

General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan, to its joint venture partner LG Energy Solution (LGES). GM’s step back from the ...

The Lansing plant was one of three battery plants GM announced in January 2022 through its joint venture with LG, Ultium Cells. GM’s first plant, in Warren, Ohio, began producing batteries for ...

If General Motors and Dan Gilbert can’t secure the public funding they say they need to revamp the struggling Renaissance Center, the automaker says it’s prepared to demolish the five towers ...

General Motors GM-2.27%decrease; red down pointing triangle said it expects to take more than $5 billion in noncash charges in the fourth quarter because of weakness in its China business that ...

The parent company to powerhouse brands such as Chevrolet and Cadillac was once a powerhouse in China’s booming car market. Now it has revealed a shocking ...

The formula for this calculation on General Motors is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.064 = US$12b ÷ (US$289b - US$ ...

Your car's serpentine or drive belt is a vital engine component. It's responsible for providing power to various accessories, including the air conditioning compressor, power steering pump ...