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General Motors says it will suspend the third shift at two car factories early next year because American consumers are shifting from cars to SUVs and trucks.

General Motors Co plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on Wednesday.

General Motors Co plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on Wednesday.

Subaru makes an upscale turn in its versatile 2017 Outback SUV with a new Touring model that includes every feature as standard equipment and adds an expensive-looking interior, so much so that the leather seats with ivory-colored contrast stitching would look at home inside a pricey Range Rover SUV.

Subaru makes an upscale turn in its versatile 2017 Outback SUV with a new Touring model that includes every feature as standard equipment and adds an expensive-looking interior, so much so that the leather seats with ivory-colored contrast stitching would look at home inside a pricey Range Rover SUV.

Tesla Motors says it has agreed to buy a German engineering company to help automate its electric car manufacturing.

Tesla Motors says it has agreed to buy a German engineering company to help automate its electric car manufacturing.

Hertz shares plunged more than 30 percent in Tuesday trading and its rival, Avis, fell sharply after the company slashed its expectations for all of 2016 in what had already been a dismal year in the car rental business.

Hertz shares plunged more than 30 percent in Tuesday trading and its rival, Avis, fell sharply after the company slashed its expectations for all of 2016 in what had already been a dismal year in the car rental business.

Italian luxury sports car maker Ferrari NV revised its earnings guidance upward on Monday after reporting a record third-quarter profit of 113 million euros ($126 million), up 20 percent over last year.

Italian luxury sports car maker Ferrari NV revised its earnings guidance upward on Monday after reporting a record third-quarter profit of 113 million euros ($126 million), up 20 percent over last year.

A quick turnaround for a major fuel pipeline that was damaged last week prevented gasoline prices from skyrocketing.

A quick turnaround for a major fuel pipeline that was damaged last week prevented gasoline prices from skyrocketing.

Volkswagen says German prosecutors have widened their investigation of the emissions scandal to include the chairman of the company's board of directors.

Volkswagen says German prosecutors have widened their investigation of the emissions scandal to include the chairman of the company's board of directors.

It can go more than 200 miles on battery power and it costs less than the average new vehicle in the U.S. But in an era of $2 per gallon gasoline, the Chevrolet Bolt probably won't do a whole lot to shift America from gasoline to electricity.

It can go more than 200 miles on battery power and it costs less than the average new vehicle in the U.S. But in an era of $2 per gallon gasoline, the Chevrolet Bolt probably won't do a whole lot to shift America from gasoline to electricity.

The Obama administration has drawn up a network of charging stations nationwide. But will it jumpstart demand for electric vehicles?

The Obama administration has drawn up a network of charging stations nationwide. But will it jumpstart demand for electric vehicles?