Eastern Europe
UPDATED: 4/26/18 7:44 am ET - adds details

GM's operating profit sinks 27% in Q1 on lower pickup production; net falls 59%

General Motors' net income and operating profit significantly fell in the first quarter due to planned downtime in its full-size pickup production, a restructuring in Korea and other costs. GM's earnings before interest and taxes declined 27 percent.


New VW CEO inherits Russian alliance clouded by Trump sanctions

Volkswagen's ties to GAZ Group, the vehicle maker owned by billionaire Oleg Deripaska, could expose the world's biggest auto manufacturer to the United States crackdown on Russian oligarchs

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