The American automaker will more than double its manufacturing capacity there over the next three years.
Meanwhile, a portion of General Motors' fourth-quarter profit is attributable to a $3.2 billion tax benefit from its European operations.
Toyota sold 10.15 million vehicles in 2015, making it the only carmaker to top 10 million vehicles in the year.
Industry estimates suggest the market for car-sharing services could reach up to $10 billion in the coming years.
Despite an outcry from watchdog groups, GM CEO Mary Barra said Wednesday the company’s move helps consumers by keeping costs low.
The automakers have jointly developed fuel cell systems and hydrogen tanks for fuel-cell-run vehicles since 2013.
The last time GM Europe, encompassing the Opel and Vauxhall brands, made an annual profit was in 1999.
An Israeli company at the heart of the driverless car revolution has a unique idea for overcoming one of autonomous driving’s biggest hurdles.
The deal represents the Detroit automaker’s largest investment in an outside company.
The component maker's faulty airbags have been at the center of one of the largest and most complex recalls in automotive history.
U.S. automobile brands in Europe registered strong gains in November as Volkswagen continued to suffer due to subdued demand after the diesel emissions scandal.
Costs related to the ignition switch defects have now topped $2 billion.
As the U.S. economy improves and the unemployment rate falls, Kohler workers strike for a better contract.
The headliners at a White House meeting were well-known former government officials who are now lobbyists.
The Detroit-based company plans to import the Buick Envision, made in China's Shandong province, the Wall Street Journal reported.
United Auto Workers leaders are likely to approve the proposed deal Monday, with a ratification vote by rank-and-file members to follow.
Takata, a Japanese supplier to automakers, could pay $70 million or more for airbag problems that have resulted in recalls of millions of vehicles.
At least 19 people have been injured in car fires since 2008 stemming from this recurring problem.
General Motors and the United Auto Workers union had been in talks since July over the latter's demand to shorten the service time required for workers to reach top pay and the elimination of a two-tier wage structure.
The union reached an agreement with Fiat Chrysler Automobiles this week.
General Motors is recalling 3,300 vehicles to fix faulty ignition switches that can shut down engines and disable power steering, power brakes and even air bags.
Ford wants to appeal to Chinese customers by focusing $1.8 billion on smart cars developed in China.