General Motors

Shifting R&D to the country helps traditional automakers bulk up their tech abilities

The automaker has also made broad cutbacks in its electric vehicle operations in response to a slowdown in demand

It reported earnings before interest and taxes of US$4.3 billion, or US$3.70 per share

The Iran war has added to the strain on the market

GM’s new guidance rests on selling more of its largest trucks and SUVs

GM’s EV sales dropped 43 per cent in the fourth quarter after the loss of the consumer tax credit

Owners of older models still have CarPlay

Rewiring supply chains from China is costly, complex

The carmaker is responding to slowing demand for its battery cars