U.S. auto industry to begin reopening plants in recovery from pandemic
(Reuters) – The U.S. auto industry is slowly returning to life, with vehicle assembly plants scheduled to reopen on Monday…
Michigan governor allows coronavirus-hit manufacturers to reopen on May 11
(Reuters) – Michigan Governor Gretchen Whitmer on Thursday said the state’s factories can reopen on May 11, removing one of…
Trump threatens new tariffs on China in retaliation for coronavirus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday his hard-fought trade deal with China was now of secondary…
U.S. payroll protection program: What has changed in round two?
WASHINGTON (Reuters) – The Small Business Administration on Monday began allowing lenders to process $310 billion in funds for the…
U.S. banks seek term changes as Fed finalizes Main Street Lending Program
WASHINGTON (Reuters) – U.S. banks are pushing the Federal Reserve to change the terms of a $600 billion lending program…
GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio
WARREN, Mich. (Reuters) – General Motors Co (GM.N) and South Korea’s LG Chem (051910.KS) said on Thursday they will invest…
Talks between UAW and GM take ‘turn for the worse’: union official
DETROIT (Reuters) – Talks for a new four-year labor contract between General Motors Co (GM.N) and its striking workers took…
Electric vehicle startup Rivian gets a jolt from big Amazon.com van order
DETROIT (Reuters) – Electric vehicle startup Rivian Automotive LLC got a big boost from one of its investors on Thursday…
Trump administration ratchets up attack on Obamacare, asks court to overturn law
(Reuters) – President Donald Trump’s administration has stepped up its attack on the Obamacare healthcare law, telling a federal appeals…
GM to announce $300 million investment in Orion EV/AV plant
(Reuters) – General Motors Co will announce on Friday plans to invest $300 million in a suburban Detroit plant that…