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The Latest on General Motors' restructuring plans (all times local): 10:30 a.m.

One of the last industrial anchors in what was once Ohio's manufacturing core is now on life support, just a little over a year after President Donald Trump told people not to leave and promised that jobs would come back to the area.

General Motors is planning to announce the closure of its Oshawa, Ontario, plant Monday, which will eventually result in the loss of about 2,500 jobs.

___ GM to lay off up to 14K workers, close as many as 5 plants DETROIT (AP) — The announcement by General Motors that it will cut up to 14,000 workers in North America reflects a dramatic shift in the U.S. and North American auto markets, with companies turning away from cars and toward SUVs and trucks.

President Trump said on Monday he is displeased with General Motors’ decision to cut 15 percent of its salaried workforce in North America.

The meeting comes hours after U.S. automaker announced plans to cut thousands of salaried positions and shutter several facilities

The influx of vehicles that run solely on batteries almost certainly will pull buyers from Tesla.

In a renovated old cash register factory in suburban Detroit, 300 engineers are toiling away on an all-electric pickup truck and an SUV that they hope can take on Tesla.

The board of Mitsubishi Motors is meeting to decide whether to oust Carlos Ghosn as chairman at the Japanese automaker, which is allied with Renault-Nissan.

CEO Osamu Masuko will become temporary chairman.

Investor optimism returned to Wall Street.

Tesla’s founder said the electric-car company was “within single-digit weeks” of dying.

The moves are calculated to dramatically slash costs and capital expenditures.

Gas prices have fallen amid a record-setting slump in the U.S. oil market.

German automaker Volkswagen says it will appeal a court ruling that orders it to buy back a six-year-old diesel vehicle at the original sales price.