General Motors offers buyouts for U.S. employees and executives

General Motors is offering salaried employees a voluntary buyout as it seeks to reduce costs by $2 billion over the next two years. "Taking this step now will help avoid the potential for involuntary actions," a company letter said.

Ford stops EV F-150 production after battery fire

Ford says the fire was discovered on Feb. 4, and production stopped a day later. The company adds it has no reason to believe electric pickups already in use by customers are affected by the battery issue.