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Ford Motor Co. on May 2 reported a first-quarter profit and sharply higher revenue.

Caterpillar Inc., the maker of heavy machinery, today reported a higher first-quarter profit on increased sales.

The United Auto Workers union, after decades of shunning reporters and public support, may be changing tactics.

The new president of the United Auto Workers union today said the union is prepared for tough labor talks with General Motors Co., Ford Motor Co. and Stellantis NV.

Ford Motor Co. said it is returning to the international Formula One race circuit starting in 2026.

General Motors Co. today reported an improved quarterly profit on higher vehicle sales in its home North American market. The company also forecast strong results for 2023 but slightly below last year’s levels.

Economic contraction began toward the end of 2022, but improvement may occur later in 2023.

The auto industry will confront various challenges this year as automakers expand investment in electric vehicles and move on from the COVID-19 pandemic, speakers at a Federal Reserve Bank of Chicago conference said today.

The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

Getman Corp. produces explosive chargers and mining support vehicles.