US Commits to $7.54B Loan for Stellantis EV Battery Plants
Stellantis and joint venture partner Samsung have won a commitment from the U.S. government for a loan worth up to $7.54 billion to help build two electric vehicle battery plants in Kokomo, Ind.
December 2, 2024Great Lakes Region Prepares for More Snow
ORCHARD PARK, N.Y. — Parts of the Great Lakes region saw new snow Dec. 2 and faced the prospect of even more this week after U.S. travelers battled harsh weather to get home after Thanksgiving.
December 2, 2024Jaguar Rebrand Promo Shows Logo, but Where’s the Car?
NEW YORK — A promotional video for a rebrand of British luxury car brand Jaguar is being criticized online for showing models in brightly colored outfits — and no car.
November 20, 2024Ford to Cut 4,000 Jobs in Europe
FRANKFURT, Germany — Ford says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing the economy and weak sales of electric cars.
November 20, 2024Biden Races to Get Out Infrastructure Spending
Biden administration officials hope that projects funded under the $1 trillion infrastructure law and $375 billion climate law will endure beyond the president's term.
November 15, 2024Workers at Canada’s National Postal Service Go on Strike
TORONTO — Workers at Canada’s national postal service are on strike after failing to reach a negotiated agreement with Canada Post.
November 15, 2024General Motors Lays Off About 1,000 Workers
DETROIT — General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
November 15, 2024Home Depot’s Q3 Results Top Expectations
Home Depot continued to deal with a pullback in spending from customers in fiscal Q3, but it was less severe than in the past, and its performance beat Wall Street’s expectations.
November 12, 2024NHTSA Probes Whether Engines on 1.4 Million Hondas May Fail
DETROIT — The U.S. government’s highway safety agency is investigating complaints that engines can fail on as many as 1.4 million Honda and Acura vehicles.
November 12, 2024NHTSA Ends Investigation Into Ford Engine Failures
DETROIT — NHTSA has ended a 2½-year investigation into Ford engine failures after the company replaced engines or extended the warranty on some vehicles.
November 4, 2024