GM plans electric van in emerging fleet segment, report says

The recall covers Altima sedans from the 2013-18 model years. The automaker is working on a remedy and will start notifying owners later this month.

Despite the pandemic, AutoCanada saw signs of progress for its U.S. stores, which have been a drag on the company’s financial performance since acquiring the Illinois dealerships in 2018.

The head of GM China said the automaker plans to locally source major components for its EVs in the country.

A local official said new plans to be presented this week or next will address some issues by reducing the amount of fresh water required and waste water created. The automaker aims to start production in Germany in about a year.

Buyers of full-electric cars priced up to 40,000 euros ($44,815) will be eligible for a grant of 9,000 euros ($10,083) under the plan to boost auto sales hit by the coronavirus crisis.

The job losses reflect lower production levels with demand hit by the coronavirus crisis, the automaker said.

The CEO of the Alliance for Automotive Innovation told the Senate Committee on Commerce, Science and Transportation that supply chain challenges, consumer confidence and a weakened economy remain industry concerns.

The nation's largest new-vehicle retailer is cutting roughly half of the 7,000 employees who were furloughed following a sharp drop in vehicle sales and service business during the coronavirus epidemic.

Gary Jones agreed to forfeit $144,000 and is expected to serve about four years in prison. His sentence could be reduced if the assistance he provides to investigators is substantial.

Dealerships are taking steps such as enhancing security and securing keys and cash boxes as civil unrest has unfolded across the U.S., leading to damage, theft and/or closures at more than 20 U.S. dealerships.