General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and caused the company’s U.S. sales to fall more than 15%.

Automaker Stellantis has confirmed that the Windsor Assembly Plant had to cut short its two shifts on Tuesday (Feb. 8) due to parts shortages caused by the Ambassador Bridge closure.

General Motors and a joint-venture partner plan to build an electric vehicle battery factory in Lansing, Michigan, their third such factory in the U.S. The companies' plans were revealed in documents posted on the city’s website Friday.

General Motors and a joint-venture partner plan to build an electric vehicle battery factory in Lansing, Michigan, their third such factory in the U.S. The companies' plans were revealed in documents posted on the city’s website Friday.

General Motors is building two electric SUVs for Honda to sell in North America in 2024, but the Japanese automaker plans to manufacture them on its own after that.

The year 2020 was hard, but GM left the year with impressive earnings, beating Wall Street expectations. GM made nearly $4 billion in the last quarter of 2020 and $10 billion for the entire year. Ad“It’s been absolutely remarkable how the auto industry has rebounded and how well GM has done through this,” Krebs said. READ: GM 2020 profit drops, but it makes $6.43B despite pandemicThough things looked bleak in Spring 2020, in looking at the numbers, Krebs said GM couldn’t have timed its product roll outs any better. “Everybody’s buying SUV’s and trucks and guess what, GM introduced a whole family of full size SUV’s,” Krebs said.

DETROIT – GM’s strong-fourth quarter profit could mean good news for the automaker’s employees. 2020 was a hard year, but GM left the year with impressive earnings, beating Wall Street expectations. READ: GM 2020 profit drops, but it makes $6.43B despite pandemicThe automaker made $9.7 billion for the year -- $3.7 in the fourth quarter. AdIn 2018, UAW members received $10,750. The coronavirus pandemic shut down GM production for a few months, which is why Autotrader analyst and Cox Automotive automotive relations director Michelle Krebs is so impresses with what the company has accomplished.

Speculation of an Apple car came in 2015 when the A123 Systems electric car battery company sued Apple Inc. for poaching some of its employees. Gartner auto analyst Mike Ramsey said the idea of Apple getting into the car business grabs attention. Nobody in the auto industry has ever made those kinds of profit margins. Industry headlines have recently included notions that Ford could possibly build the Apple Car, then Hyundai and now there’s also Canadian auto supplier, Magna. That’s the kind of company that Apple likes to work with and the rest of their business,” Abuelsamid said.

WEST BLOOMFIELD, Mich. Ford Motor Company announced it will return to full production Monday, which is two weeks earlier than planned. Its been more than three months since Ford has operated at full capacity. That process appears to be moving along as Ford brings back laid off third-shift employees at several plants. Dealers are screaming for vehicles, especially trucks and sport utility vehicles, Krebs said. Earlier this week, General Motors CEO Mary Barra said she expected GM to be at full manufacturing capacity by the end of the month.

DEARBORN, Mich. – Ford Motor Company announced Saturday that it will test symptomatic employees for COVID-19 in southeastern Michigan to help prevent the spread of the coronavirus (COVID-19) as employees return to work. May 16, 2020: Michigan coronavirus (COVID-19) cases up to 50,504; Death toll now at 4,880Ford officials say that contracts have been signed with Beaumont Health to “quickly test hourly and salaried employees with suspected symptoms of COVID-19." “Fast and accurate testing is a key tool in the effort to help stop the spread of COVID-19,” said Dr. Walter Talamonti, Ford Medical Director. “These contracts will allow us to test employees with suspected symptoms and have results back within 24 hours. Ford is also implementing this testing process for employees in Kentucky, Missouri and Illinois.

DETROIT The Ford Motor Company has been working round the clock to make sure employees are safe and business can find a new normal amid the coronavirus (COVID-19) pandemic, CEO Jim Hackett said Friday before plants reopen Monday morning. They will no longer lining up to pass through turnstiles at the beginning and end of shifts. The protocol, Hackett said, is outlined in a 70 page manual the company wrote to ensure and likely reassure employees and their families. This is going to be one of the safest place to be, frankly, from getting what we've got to do now, is if somebody catches it, then we will go into action, he said. Hackett says they plan to keep that kind of production going for at least the next year.

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