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The deal follows years of global automotive supply chain issues for GM and other companies.

Volkswagen's top investor on Friday called on the auto giant to take immediate action to fend off intensifying competition from Chinese car brands.

It's the first vehicle to be built using the "Universal Electric Vehicle" platform that Ford has said is key to making money with EVs.

With the first tranche of SpaceX shares held by insiders unlocking, the stock could see downward pressure.

SpaceX is using Tesla's big Megapack backup batteries to help power its Colossus AI data centers in Greater Memphis.

It's the company's first commercial market after Zoox started offering free rides to the public in parts of Las Vegas and San Francisco less than a year ago.

Uber's earnings were in line with estimates, but the company's guidance for the third quarter trailed expectations.

GM said the deal will focus on domestic sales of Buick and Cadillac models in China and exporting Chevrolet products built in China for non-U.S. markets.

The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.

The July decline adds to a lackluster sales year for the automaker, with results off 9.7% compared to 2025.