Union and company bargainers are making progress toward a new contract as a strike by United Auto Workers brought 33 General Motors factories to a halt continued into its third day. Committees working on thorny issues such as wages, health...

Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars. The job losses amount to about...

Americans paid more for some General Motors vehicles in the first quarter, but overall sales declined and the automaker's results fell short of expectations. GM delivered more than 665,000 vehicles in the U. S. with the highest average prices for...

General Motors posted an $8. 1 billion net profit for 2018, fueled by better prices for vehicles sold in the U. S. , its most lucrative market. It's a strong rebound from the previous year when the company lost $3...

General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. Shares jumped nearly 9 percent in midday trading. CEO Mary Barra also says...

President Donald Trump is calling attention to an auto industry boom that doesn't exist. In a tweet Thursday slamming General Motors for plans to lay off workers, Trump wrote that auto companies "are pouring into the U. S. " and...

Even though unemployment is low, the economy is growing and U. S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation. It's the new...

A $7.3 billion accounting charge pushed General Motors into a $3.9 billion net loss for 2017, but without the expense the company posted record per-share earnings.Excluding one-time items, GM made a $9.9 billion profit, or $6.62 per share, the highest...