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U.S. Senator Sherrod Brown (D-OH) applauded the announcement that General Motors (GM) will invest $920 million in its facility in Brookville. The funding will help build a 1.1-million square-foot expansion [...]

General Motors Co. announced it is acquiring SoftBank Vision Fund 1s equity ownership stake in Cruise for $2.1 billion and separately will make an additional $1.35 billion investment in Cruise, [...]

Todays announcement by GM to make its largest investment ever, $7 billion to create 4,000 new jobs at EV manufacturing sites in Michigan is the latest sign that my economic [...]

$71 million investment in new 149,000-square-foot technology campus will significantly expand advanced design and innovation work in the region General Motors announced a more than $71 million investment to establish [...]

Faurecia, a French car parts producer will make EUR 8 million investment in its biggest production unit in Ramnicu Valcea, Romania with the recruitment of 1,600 employees. The company said [...]

General Motors CEO Mary Barra will confirm the plans of the firm's Warren Transmission Plant to build the electric drive unit for the second-generation Chevrolet Volt. That means a majority [...]

Warren Buffett s company disclosed a new investment of 11 million shares in Verizon Communications Inc. and increased its stakes in Wal-Mart and IBM. Berkshire Hathaway Inc. revealed the changes [...]

Toyota will be funding a startup that seeks to build new hydrogen fuel stations in California. The need for zero-emission vehicles is becoming apparent in the state as more people [...]

As it explores ways to pay for infrastructure, Ontario is mulling to privatize more of the power system and liquor sales, as well as divesting assets. The province will divest [...]

General Motors has decided to sell its entire 7% stake in PSA Peugeot Citroen (PSA) through a private placement to institutional investors. In March, 2012, GM had purchased the stake [...]

For its 7 percent stake in French automaker PSA Peugeot Citroen, General Motors Co. has received nearly $343 million. On Friday, the firm announced completion of the private placement sale [...]

The US Treasury Department has lowered its stake in General Motors through the sale of 58.4 million shares of the carmaker's stock this year. The sale allowed it to earn [...]

263 jobs will be created by initiation of a $45 million production facility in Riverside, Missouri, which will be done by Yanfeng USA Automotive Trim Systems, a subsidiary of Yanfeng [...]

General Motors has promised a $7.3 billion investment in its South Korean operations in the next five years. This comes after a declaration earlier in 2012 in which GM declared [...]