Car companies looking elsewhere to solve supply-chain headaches, Tavares says
VW brand chief Brandstaetter to get bigger operational role while Diess will focus on strategy
Company is benefiting from strong consumer demand, high prices for new vehicles and more stability in supplies of semiconductors.
Posco Chemical has signed a nonbinding term sheet to create the joint venture
Automaker will seek outside partners to fund expansion
Automaker lost 30% of planned production due to chips supply crisis
The automaker produced 512,765 vehicles last month, down from 841,915 a year earlier
CEO Mary Barra says GM is still on track to meet its annual profit goal.
Revenue slips 4.8 percent to $35.7 billion; quarterly cash dividend to be restored.
Plea deal could include financial penalties totaling between $250 million and $300 million, sources said.
Setback comes as automaker is under regulatory scrutiny over its semi-autonomous driving technology
Investors will listen carefully to what GM's Mary Barra and Ford's Jim Farley say about how long they can protect profits from supply-chain storms.
The losses are increasing from a year ago due to 'significant labor and overhead costs' for its plant in Normal, Ill.
Steve Carlisle, GM's North American chief executive: 'We've made great progress'
Mirafiori plant will be center for electrification