GM

The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks.

The price increases come in the wake of a global semiconductor shortage that has affected Apple and most car makers, including General Motors Co. and Toyota Motor Corp.

Investors are skeptical of GM's outlook as the chip shortage creates more uncertainty for the auto industry.

General Motors has sued Ford for trademark infringement over its use of the BlueCruise name for a semi-autonomous driver aid that is similar to GM's Super Cruise feature.

General Motors said Friday that it will include its expanded, hands-free driver-assisted technology on six vehicles next year.

U.S. auto safety regulators on Wednesday urged about 50,000 owners of General Motors electric Chevrolet Bolt vehicles that were recalled last year to park outside and away from homes and other structures after charging because of fire risks.

Honda will launch two GM-based electric vehicles in 2024, but then develop its own technology. The automaker said it is shifting away from a plan to continue making hybrids in part due to President Biden's electric car push.

General Motors Chief Executive Mary Barra faced questions from U.S. lawmakers on Wednesday on a workers’ vote at a company plant in Mexico and the company's support for emissions reductions.

General Motors is increasing its investments in electric and autonomous vehicles to $35 billion by 2025. The automaker will build two additional battery factories in the U.S. in addition to the two previously announced.

General Motors Co will boost global spending on electric and autonomous vehicles to $35 billion through 2025, a 30% jump over its most recent forecast as it pursues EV leadership, people briefed on the matter told Reuters.

GM is removing the stop/start feature from V8-powered light duty full-size trucks due to the ongoing semiconductor shortage. The feature shuts off the engine to save fuel when the vehicle is not in motion.

Shares of General Motors Co.

Production of the Chevrolet Corvette Stingray has been suspended until June 1 due to a parts shortage. The sports car is the quickest-selling vehicle on sale today.

Warren Buffett's Berkshire Hathaway cut back on financial, energy and drug stocks but beefed up its grocery and wireless holdings while adding an insurer.

Stock investors eye GM, jobs data and Trump's Facebook ban which was upheld.

GM CEO Mary Barra says the automaker can deliver for investors in 2021 despite production challenges.

A busy earnings week includes GM, Pfizer results as well as the upcoming trial for disgraced former Theranos CEO Elizabeth Holmes.

General Motors has developed new software that can detect a manufacturing issue in some Chevrolet Bolt electric car battery packs so that they can be identified and replaced.

GM President Mark Ruess told Fox Business that the global semiconductor shortage is the worst supply issue the automotive industry has ever seen as industry professionals predict it could stretch into 2022 or longer.

A dozen governors are asking President Biden to push for regulations that would ban the sale of new internal combustion engine cars across the U.S. by 2035. The states are following the lead of California, where Governor Gavin Newsom passed an executive order to the same effect last year.