Michael Wayland

General Motors employees who were laid off Monday described their job terminations to CNBC.

Reasons for the job declines vary by automaker, but are generally tied to evolving technological changes in the industry — including the rise of AI.

Shares of Stellantis are off nearly 30% since Antonio Filosa, a veteran who climbed through the company ranks, was named CEO nearly a year ago.

Stellantis plans to launch a new lineup of what it's calling "muscle trucks" for its Ram brand despite elevated U.S. gas prices due to the war in Iran.

Stellantis CEO Antonio Filosa unveiled a new five-year strategic plan Thursday worth 60 billion euros (US$69.7 billion).

Stellantis said at an investor day Thursday that it plans to increase its North American sales by 35% by 2030.

Stellantis CEO Antonio Filosa said there could be an opportunity to bring Chinese-branded vehicles into Mexico and potentially Canada, but not the U.S.

Key Points Shares of AutoZone are on track for their worst trading day in more than six years.

Key Points Lamborghini CEO Stephan Winkelmann told CNBC the automaker's decision to kill its all-electric vehicle plans to focus on plug-in hybrid electric vehicles was “the right way to go” for his company.

Key Points A House bill aimed at blocking Chinese-linked automakers could result in a U.S. ban of new Mercedes-Benz vehicles.