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General Motors Co.’s and Ford Motor Co.’s finance arms likely face multibillion-dollar losses linked to the dramatic drop in used vehicle prices, JPMorgan Chase & Co. analysts said.

UPS is shipping ventilators made in a General Motors facility to hospitals in the Chicago area.

The U.S awarded General Motors Co. and its partner Ventec Life Systems a $489.4 million contract to make 30,000 ventilators by the end of August, finalizing a deal that briefly was a point of contention for President Donald Trump.

General Motors Co. and Honda Motor Co. announced an agreement April 2 to jointly develop two new electric vehicles for Honda that will be based on GM’s global electric-vehicle platform that’s powered by the Detroit automaker’s Ultium battery system.

President Donald Trump on March 27 ordered General Motors Co. to make ventilators for coronavirus patients, invoking a federal law that gives him vast powers over industry in crises and acting as the company is within weeks of starting production on the equipment.

General Motors Co. joined Ford Motor Co. in tapping its credit lines to stock up on cash, but the bigger automaker is signaling superiority over its Detroit rival by leaving its dividend intact for now.

DETROIT — General Motors, trying to refashion itself as a futuristic company with technology to compete against Tesla, rolled out plans March 4 for 13 new electric vehicles during the next five years.

The last Chevrolet Impala will roll down the line next week at Detroit-Hamtramck Assembly, making way for the plant’s next phase: electric vehicles.

General Motors Co. is working to maintain the flow of parts to some of its most profitable U.S. plants to keep them from becoming the next factories to be idled due to the coronavirus spreading in China.

General Motors Co. predicted robust sales of new trucks and big SUV models will help it avert the kind of earnings decline this year that its rivals are bracing for.