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The company will run additional hours at its Flint, Mich., factory starting in June, but doesn’t plan to add more workers.

Carvana's shares tumbled after it posted strong profit growth in the fourth quarter that still missed Wall Street’s estimates due to higher-than-expected operating costs.

Autonomous startup Gatik signed a deal with a major consumer goods company that will double its contracted revenue to $600 million, helping to build out its business in the U.S. and Canada.

GM’s new guidance rests on selling more of its largest trucks and SUVs such as its GMC Sierra and Cadillac Escalade — and fewer electric vehicles.

The Detroit-based manufacturer also said it will likely end output of its all-electric Chevrolet Bolt that’s built in the Kansas plant in about a year and a half.

General Motors will take another $6 billion in charges tied to production cutbacks in its EV and battery operations as the financial fallout spreads from the weakening U.S. market for EVs.

Anderson joined the company as chief product officer in June after working for Tesla and co-founding Aurora Innovation. His job is to bring cutting-edge software and self-driving tech to GM cars.

The total includes 3,400 workers that were furloughed over the summer at its Factory Zero plant in Detroit, where the electric Chevrolet Silverado, GMC Sierra and Hummer EVs are made.

Tariffs have added costs that automakers mostly have not offset with higher prices, and they are reining in investments for EVs that are selling slowly as the government eliminates incentives.

GM plans to release a Cadillac Escalade IQ electric SUV that, when on the highway, allows drivers to go hands- and eyes-free, the company announced Oct. 22.