Shares of Dongfeng Motor soared by as much as 85.8% on Monday following the announcement of a potential change in the company’s controlling shareholder structure.

Shares of Dongfeng Motor soared as much as 85.8% on Monday after the state-owned Chinese automaker's announcement that its ...

GM just over a year ago said Cruise would be a $50 billion per-year business. The company never made money and its parent ...

Welcome to the latest edition of “Sector Spotlight,” where The Fly looks at a new industry every week and highlights its ...

GM's Performance team dedicated to the Corvette has lost three high-profile members in the past twelve months—what's going on ...

Volkswagen-backed Scout Motors allows customers to buy the company’s EVs on an app, but that's not allowed in South Carolina.

It lost $5.1 billion in 2024 and estimates it'll lose even more this year. Electric vehicles are still generally unprofitable ...

That plant is a very important plant for GM’s EV models. Currently, it makes the Blazer EV, Equinox EV, the forthcoming ...

General Motors (GM) has completed its acquisition of Cruise, the autonomous vehicle business, as part of a strategic pivot to ...

GM said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing autonomous technology ...