Auto giant General Motors will close a number of plants but says that most of the layoffs will be white collar jobs. The company also wants to shift resources away from conventional cars to trucks,...
Tesla has leapfrogged General Motors to become the biggest US car manufacturer by market value. It’s the clearest sign yet that Wall Street considers Silicon Valley – and not Detroit – as the future of...
Struggling German auto maker Opel is planning to stop the production of its most important brand Astra in Germany earlier than originally envisaged. But no negative impact is expected on the firm’s head location. The...
US auto giant General Motors and French carmaker PSA Peugeot Citroen have finalized details of their strategic alliance. Contracts have been signed for PSA to share costs and projects with GM’s troubled German unit Opel....
