General Motors

Chevrolet ends new car sales in China after 21 years

General Motors has confirmed that Chevrolet will no longer sell new cars in China's domestic market, ending a 21-year retail presence that once saw the brand move more than 760,000 vehicles a year in the country. The decision, confirmed by…

IBM to acquire HRL Laboratories from Boeing, GM

IBM International Business Machines Corporation announced on Tuesday that it has signed a definitive agreement to acquire HRL Laboratories, a private research and development institution jointly owned by Boeing The Boeing Company and General Motors, in a deal that adds…

GM, VW and Renault now hand vehicle development to Chinese engineers

Global automakers are no longer using China merely as a low-cost factory floor. General Motors, Volkswagen, and Renault are increasingly handing vehicle development to Chinese engineers, leveraging the country's growing lead in electric powertrains and advanced software, according to Reuters…

Morgan Stanley calls salt ‘the new oil’ as sodium-ion batteries rise

Morgan Stanley has declared the dawn of a "New Oil Age" — not for petroleum, but for salt. In a note to clients published in late June, analyst Jack Lu and his team forecast that sodium-ion batteries will surge from…