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There’s a big upside to record used-car prices: auto lenders such as GM Financial are cashing in.

General Motors Co. CEO Mary Barra showed off the company’s electric Chevrolet Silverado at the CES exhibition, announcing that the pickup will go on sale in spring 2023 to compete with battery-powered trucks from longstanding rival Ford Motor Co. and newcomer Rivian Automotive Inc.

General Motors Co. has talked up its electric vehicle plans for years, and even generated buzz by resurrecting Hummer’s gas-guzzling name in the form of an electric pickup truck. Now comes the tough part: selling mass-market EVs.

General Motors will host the grand opening of Factory Zero in Detroit-Hamtramck next month to start building new electric vehicles, the automaker said Oct. 27.

DETROIT — The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks..

General Motors is looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea.

Ford is ending production of ventilators and returning the factory where they were built to full-time auto-parts output after completing delivering 50,000 ventilators to the government.

Plans to build a $2.3 billion electric battery assembly plant near General Motors Corp.’s shuttered automobile plant in Lordstown, Ohio, will be reviewed during a March 12 public hearing in Lordstown.

General Motors is recalling about 162,000 full-size pickup trucks worldwide for a second time because of faulty brake control software that was installed in a recall from last year.

The vehicle Cruise has been developing along with GM is a purpose-built electric, autonomous model designed to be more spacious and passenger-friendly than a conventional, human-driven car.