The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the…

The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it…

A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, analysts said.

Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.

The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.

Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has…

The automaker’s shares jumped as investors focused on an upgraded forecast for some financial measures, as well as a lower-than-expected bill for tariffs this year.

General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets.

The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover.

Dissidents are seeking to oust Mr. Fain as president of the United Automobile Workers union as he prepares to run for re-election next year.