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___ GM to lay off up to 14K workers, close as many as 5 plants DETROIT (AP) — The announcement by General Motors that it will cut up to 14,000 workers in North America reflects a dramatic shift in the U.S. and North American auto markets, with companies turning away from cars and toward SUVs and trucks.

President Trump said on Monday he is displeased with General Motors’ decision to cut 15 percent of its salaried workforce in North America.

The meeting comes hours after U.S. automaker announced plans to cut thousands of salaried positions and shutter several facilities

The influx of vehicles that run solely on batteries almost certainly will pull buyers from Tesla.

In a renovated old cash register factory in suburban Detroit, 300 engineers are toiling away on an all-electric pickup truck and an SUV that they hope can take on Tesla.

The board of Mitsubishi Motors is meeting to decide whether to oust Carlos Ghosn as chairman at the Japanese automaker, which is allied with Renault-Nissan.

CEO Osamu Masuko will become temporary chairman.

Investor optimism returned to Wall Street.

Tesla’s founder said the electric-car company was “within single-digit weeks” of dying.

The moves are calculated to dramatically slash costs and capital expenditures.

Gas prices have fallen amid a record-setting slump in the U.S. oil market.

German automaker Volkswagen says it will appeal a court ruling that orders it to buy back a six-year-old diesel vehicle at the original sales price.

Nissan's board will meet Thursday to decide whether to dismiss its chairman Carlos Ghosn following his arrest on suspicion of underreporting his income.

The Latest on Japanese automaker Nissan Motor Co.'s chairman Carlos Ghosn and allegations of financial violations against him (all times local): 6:15 p.m. Tokyo prosecutors have offered few details into their case against Nissan Motor Co. chairman Carlos Ghosn.

France's Renault says it has decided to keep its CEO Carlos Ghosn on despite his arrest in Japan on allegations that he misused assets of partner Nissan Motor Co. and misreported his income.

The Latest on the arrest of Carlos Ghosn, the Nissan chairman and Renault CEO (all times local): 7:10 p.m. France's finance minister says Renault's new temporary leadership will ensure the carmaker functions efficiently after the arrest in Japan of its CEO, Carlos Ghosn, for alleged misuse of assets at Nissan, where is also chairman.