Manufacturing

Fiat Chrysler Automobiles N.V. (FCAU) confirmed plans to invest a total of $4.5 billion in five of its existing Michigan plants, and to work with the city of Detroit and state of Michigan on building a new assembly plant within city limits.

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General Motors Co confirmed on Friday it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle.

General Motors Co is considering a $1 billion investment at its Missouri assembly plant where it builds vans and trucks, state officials said on Thursday.

After reporting an unexpected slowdown in the pace of growth in New York manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing growth picked up somewhat in April but remained fairly subdued.

After announcing its capital raise yesterday and testing the market, Tesla decided to increase its capital raise up to $2.7 billion and CEO Elon Musk increased his interest to contribute to $25 mil…

Fiat Chrysler has made a "transformative" merger proposal to Renault, the Italian-American carmaker said, in a deal that would create a new third-ranked global manufacturer.

Baillie Gifford, which holds a 7.72 percent stake in Tesla, called CEO Elon Musk an entrepreneur of "vision and ambition, who's working towards a social good."

WASHINGTON — U.S. industrial production climbed 0.6 per cent on surging output at mines and utilities. But manufacturing production was flat.The Federal Reserve says that utility output rose 3.3 per cent as power companies were busier because of unusually cold weather. Mining output rose 1.

(RTTNews) - Reflecting a significant rebound in orders for transportation equipment, the Commerce Department released a report on Thursday showing ne