GM restores quarterly dividend after more than two years
General Motors suspended dividend payments and share buybacks in April 2020 after the global coronavirus pandemic hit sales and impacted production, forcing the company to conserve cash.
GM, LG Energy Solution considering Indiana for fourth U.S. battery plant
The fourth plant is expected to be similar to the three others and have an investment of more than $2 billion, a source briefed on the matter told Reuters, but it is not clear when it might open.
Self-driving Lincoln Model L100 concept meant to inspire future products
The concept sedan, not intended for production, is longer than an extended-length Navigator L and comes with wild features such as a digital floor and “chess piece” controller.
Geneva show canceled as organizers trade snow for sand
Organizers of the event are switching its traditionally chilly venue in alpine Europe to the balmy Middle East.
Toyota's Jack Hollis expects 'one more year' of historically tight inventories
Jack Hollis, head of sales for Toyota Motor North America, says dealership inventory levels won’t be able to grow at all until perhaps the third quarter of 2023, and are unlikely to ever return to their pre-pandemic levels.