TRAVERSE CITY — As the world?s automakers race to build electric vehicles, North America isn?t ready when it comes to mining the material for batteries and manufacturing batteries, said Mary Ann Wright, CEO of Johnson Controls-Saft, the advanced battery joint venture at the Milwaukee-based…
General Motors Corp. shares climbed 73 cents, or 7.3%, to $10.76 for the biggest gain among the 30 components of the Dow Jones Industrial Average.
General Motors Corp. has delayed — and may cancel — all of its big, rear-wheel drive cars, including Cadillac’s top-of-the-line DTS sedan, people familiar with the automaker’s planning said.
General Motors Corp. plans to help cut its $4.6-billion health-care tab by eliminating coverage for those who are not eligible.
Toyota Motor Corp. has decided to extend production of its Solara convertible for up to two more years, the automaker’s manufacturing chief for North America said Monday.
Mark Hogan, a former executive at General Motors Corp. and Magna International, has resurfaced as chief executive of a new Troy-based company that has raised $160 million to build wheelchair-accessible vehicles for a growing market of physically impaired drivers and passengers.
With the cost of transportation and logistics increasing, the allure of building factories in so-called low-cost countries is diminishing, according to the CEO of interiors supplier Toyota Boshoku America Inc.
As the world’s automakers race to improve fuel economy and build new hybrid vehicles, there are many hurdles to clear and a few stumbling blocks in the way.
Boeing is to meet with Pentagon officials today over the latest phase of a disputed $35-billion tanker contract as the company prepares its response to what some lawmakers and analysts have said are new guidelines that favor the larger plane of rival Northrop Grumman.
Mark Hogan, a former executive at General Motors Corp. and Magna International, has resurfaced as chief executive of a new Troy-based company that has raised $160 million to build wheelchair-accessible vehicles for a growing market of physically impaired drivers and passengers.