Automakers like General Motors (GM) and Ford Motor are scaling back their production of electric vehicles due to weak consumer demand. General Motors announced on Thursday that it would record a $6 ...

The investments support production of the Cadillac Escalade, Chevrolet Silverado and GMC Sierra as well as the Chevrolet Equinox and the Chevrolet Bolt EV. All of GM’s recent production changes have ...

General Motors plans to move production of a Buick compact SUV from China to the U.S. for domestic sales. GM said the next-generation SUV is expected to be built at its Fairfax Assembly plant in ...

GM CEO Mary Barra said the commercial electric van market has been developing much slower than expected. Changes to the regulatory framework and fleet incentives further challenged the business, Barra ...

The production for the vehicle has begun at GM’s Fairfax plant in Kansas, with the vehicle set to arrive at dealerships in January, GM Authority reported on Wednesday. The news comes after the company ...

General Motors is taking on $6 billion in costs for unused electric vehicle investment, according to a government filing, related to the production changes the automaker made last year. Additionally, ...

GM said not using the equipment it installed for EV production cost the company $1.2 billion. GM attributed the remaining $400 million to what it owes suppliers. Electric vehicle investments cost ...

During a special conference at the company’s facilities in the Asian country, GM just announced a new investment in its production operations in South Korea. The automaker announced investment details ...

Speaking to analysts and shareholders during the company's third-quarter earnings call on Tuesday, GM CEO Mary Barra announced the automaker's decision to end the electric van's production. "We have ...