Freightliner owner Daimler unveils new medium-duty electric truck brand
Daimler announced a new brand for electric class 4 and 5 trucks, Rizon.
Stellantis, GM, Mazda and Ford dealerships sell across 4 states
Domestic and import dealerships in Massachusetts, Virginia, Wisconsin and Indiana traded hands in three first-quarter deals and a third-quarter 2022 transaction.
GM to invest more than $100 million in Michigan parts processing center
The technology updates are intended to help alleviate repetitive strain and improve ergonomics for employees.
Federal Reserve faults Silicon Valley Bank executives and lax government supervision in bank failure
Silicon Valley Bank failed due to a combination of extremely poor bank management, weakened regulations and lax government supervision, the Federal Reserve said in a review.
Auto workers union, Sanders blast GM for wages at U.S. battery plant
The UAW and U.S. Senator Bernie Sanders criticized a General Motors joint venture battery plant for paying workers less than assembly plant employees even though it benefits from U.S. government tax credits.