General Motors’ first-quarter net income doubled from a year earlier, though operating profit fell 11 percent primarily due to downtime at the company’s full-size SUV plant in Texas. GM reported net income of $2.15 billion, up from $1.04 billion in the first quarter of 2018.
Unlike the U.S., Chinese companies have invested at home, with the Asian nation producing almost eight times more lithium domestically than the U.S.
The global “ecosystem” platform will offer owners 4G network connectivity and support the evolution to 5G with any service provider worldwide, FCA said.
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