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DETROIT (AP) — A Stellantis joint venture with Samsung SDI has won a commitment from the U.S. government for up to a $7.54 billion loan to help build two electric vehicle battery plants in Kokomo, Indiana.

NEW YORK (AP) — U.S. stocks are kicking off December by drifting around their record heights. The S&P 500 was up 0.2% in early trading Monday after closing its best month of the year at an all-time high.

BANGKOK (AP) — World shares were mixed on Monday, with China leading gains as monthly surveys showed improving conditions for manufacturing, partly driven by a surge in orders ahead of President-elect Donald Trump's inauguration next month.

Biden pardons his son Hunter despite previous pledges not to WASHINGTON (AP) — President Joe Biden pardoned his son, Hunter, on Sunday night, sparing the younger Biden a possible prison sentence for federal felony gun and tax convictions and reversin

Biden pardons his son Hunter despite previous pledges not to WASHINGTON (AP) — President Joe Biden pardoned his son, Hunter, on Sunday night, sparing the younger Biden a possible prison sentence for federal felony gun and tax convictions and reversin

NEW YORK (AP) — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep, Citroën and Ram, amid an ongoing struggle with slumping sales .

MONTREAL — Electric bus manufacturer Lion Electric is temporarily laying off 400 employees and shutting down production at its Illinois plant after getting a two-week reprieve from its lenders. The St-Jérôme, Que.

NEW YORK (AP) — Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales.

EL ALTO, Bolivia (AP) — Fuel is rapidly becoming one of Bolivia’s scarcest commodities. Long lines of vehicles snake for several kilometers outside gas stations all over Bolivia, once South America’s second-largest producer of natural gas.

Auto industry leaders say U.S. president-elect Donald Trump's threat of tariffs on Canadian goods would have devastating effects for the sector, forcing both Canadian and U.S. consumers to pay higher vehicle prices.