GM to begin U.S. layoff notices as it offers job transfers

Top executives at suppliers Superior, Autoneum and Yanfeng have stepped down.

Unifor President Jerry Dias has promised a major fight with GM in the coming months to try to keep the company's longtime Oshawa, Ontario, assembly plant open. It's not yet known who will attend a planned meeting Dec. 20 between the union and company executives. 

Audi, Porsche, Renault and Fiat Chrysler led an 8 percent decline in European sales in November as the introduction of tougher WLTP emissions tests continued to weigh on demand.

GM faces a “sharp and continued drop in profit” from its GM China joint venture in 2019 and beyond and might consider spinning off the JV with Shanghai Auto, Morgan Stanley analyst Adam Jonas said.

General Motors of Canada says it will help employees affected by the closure of the Oshawa Assembly plant next year fill a number of 2,400 jobs spread across the region and Ontario.

Toyota issued two separate safety recalls that affect nearly 143,000 Toyota Tacoma, Toyota Land Cruiser and Lexus LX 570 vehicles worldwide, with most of them in the U.S.

Nissan said representatives of ousted chairman Carlos Ghosn had retrieved documents from a disputed corporate apartment in Rio de Janeiro which it had allowed them to enter following a Brazilian court ruling.

Audi needs readjustments after a tough year including polishing the brand's image, enforcing a culture change and strengthening business in China, CEO Bram Schot told workers.

The gold rush that is China’s electric-car market is getting its latest entrant as a slew of local manufacturers fight for a foothold ahead of Tesla's planned offensive.