Auto

Fiat Chrysler Automobiles CEO Mike Manley says the Italian-American carmaker will build a fully electric version of the 500 city car and a compact Alfa Romeo SUV at plants in Italy.

The president threatened to impose tariffs on all auto imports this week.

A total of 13 new models or restylings of existing models will be launched in the 2019-2021 period and ensure that all plants in Italy reach full employment.

As buyers flock to SUVs and pickup trucks instead of sedans, automakers are revealing their latest offerings for the growing market at the Los Angeles Auto Show.

General Motors is moving to shut down as many as five North American factories in a major restructuring, but there are more than jobs riding on the fate of at least one of them: Ohio's Lordstown assembly plant.

President Donald Trump tested the limits of his presidential authority and political muscle as he threatened to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the U.S. Trump unloaded on Twitter on Tuesday, a day after GM announced it would shutter five plants and slash 14,000 jobs in North America.

The company is expected to lay off 15 percent of its North American salaried workforce.

The lowest prices were available in Texas.

Ford is shuffling workers at its factories so it can make more hot-selling full-size SUVs.

General Motors is shutting down its assembly plant in Lordstown that “epitomizes the heart of America,” the state treasurer said.

The administration is said to be looking at subsidies for electric vehicles.

President Trump suggested in a tweet on Wednesday that General Motors could have avoided a controversial plan to cut costs amid restructuring if Congress imposed tariffs on foreign car imports.

President Trump threatened to cut subsidies to the U.S. automaker.