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Editorial Results (free)

1. GM recalls 484K big SUVs to fix problem third-row seat belts -

DETROIT (AP) — General Motors is recalling more than 484,000 large SUVs in the U.S. to fix a problem that can cause the third-row seat belts to malfunction.

The recall covers Chevrolet Suburbans and Tahoes, Cadillac Escalades and GMC Yukons from the 2021 and 2022 model years.

2. Buffett's firm buys more Apple, Amazon while betting on oil -

OMAHA, Neb. (AP) — Warren Buffett's company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter, while also investing billions in old-school oil producers Occidental Petroleum and Chevron.

3. Japan's Honda sees declining profits on semiconductor crunch -

TOKYO (AP) — Honda's fiscal first quarter profit fell 33% from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker.

4. Biden, Republicans spar over impact of Dems' economic plan -

WASHINGTON (AP) — Democrats call it the "Inflation Reduction Act." Republicans say it's a "tax and spending spree." And everyone has a study they say proves it.

Recent bipartisan action in Congress on matters ranging from producing computer chips to expanding NATO isn't extending to the latest economic package from Democrats, which is generating a battle of dueling statistics and projections over whether it would help or hurt the economy.

5. Biden, Republicans spar over impact of Dems' economic plan -

WASHINGTON (AP) — Democrats call it the "Inflation Reduction Act." Republicans say it's a "tax and spending spree." And everyone has a study they say proves it.

Recent bipartisan action in Congress on matters ranging from producing computer chips to expanding NATO isn't extending to the latest economic package from Democrats, which is generating a battle of dueling statistics and projections over whether it would help or hurt the economy.

6. Senate deal should make it easier to buy electric vehicles -

DETROIT (AP) — The surprise deal by Senate Democrats on a slimmed-down bill to support families, boost infrastructure and fight climate change also is likely to jump-start sales of electric vehicles.

7. Congress OKs bill to aid computer chip firms, counter China -

WASHINGTON (AP) — The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China.

8. Rejected by courts, retirees take last shot to save pensions -

WASHINGTON (AP) — Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent roughly 30 years as a salaried maintenance technician for Delphi Corp., a subsidiary of General Motors Corp., and expected to retire with a comfortable income by the time he hit 62.

9. Energy Dept. backs $2.5B loan to GM venture for EV batteries -

WASHINGTON (AP) — A joint venture between General Motors and South Korean battery company LG Energy Solution is set to receive a $2.5 billion loan from the Energy Department to build battery cell factories for electric vehicles in three states.

10. Hobbled by chip, other shortages, GM profit slides 40% in Q2 -

DETROIT (AP) — General Motors' second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and drove the company's U.S. sales down more than 15%.

11. To preserve jobs, UAW head says battery plants must be union -

SOUTHFIELD, Mich. (AP) — If the United Auto Workers union can't organize workers at new electric-vehicle battery factories that will supply Detroit's three automakers, the union's future would be in serious doubt.

12. Hyundai exec vows to improve company's safety track record -

DETROIT (AP) — Clogged oil ports, electrical shorts and leaks of brake fluid are only some of the safety problems that have caused multiple fires and forced Hyundai and Kia to recall millions of vehicles in the past seven years.

13. DHS adds new actions to support child care -

The Tennessee Department of Human Services announced new actions to support child care providers and parents. TDHS increased child care payment assistance reimbursement rates July 1 by 20% across all categories of care in the Child Care Certificate Program.

14. Automakers targeting average households with new crop of EVs -

WARREN, Mich. (AP) — In their first rollouts of electric vehicles, America's automakers targeted people who value short-range economy cars. Then came EVs for luxury buyers and drivers of pickups and delivery vans.

15. GM CEO Barra says headquarters to stay in downtown Detroit -

NEW YORK (AP) — General Motors will keep its headquarters in its seven-building office tower complex in downtown Detroit, its CEO says.

Mary Barra, in an interview with The Associated Press, said the automaker's main office will remain in the Renaissance Center, the centerpiece of the city's skyline just across the Detroit River from Canada.

16. GM's Barra stands by ambitious EV pledge -

NEW YORK (AP) — The economy is a bit wobbly, but General Motors CEO Mary Barra isn't backing off of an audacious prediction: By the middle of this decade, her company will sell more electric vehicles in the U.S. than Tesla, the global sales leader.

17. GM, partners to build 500 electric vehicle charging stations -

DETROIT (AP) — A major automaker, large truck stop chain and an electric vehicle charging company are proposing a network that would put charging plugs at 50-mile intervals along U.S. highways.

General Motors, Pilot Travel Centers and EVgo said Thursday they will build 2,000 charging stalls at "up to" 500 Pilot Flying J sites across the nation.

18. Do you really need Yoshi? -

With gas prices hovering between $4 and $5 a gallon, anything to ease pump pain is welcome. How about a fast-growing, Nashville-based company that will search for the lowest price within 2 miles, deliver it to you at that price and maybe wash the car and change out the wiper blades while they’re at it?

19. Genesco taps Sandfort as independent director -

The independent directors of the Genesco board have unanimously selected Gregory A. Sandfort as the company’s lead independent director. Sandfort succeeds Matthew C. Diamond, who has served in that role for the past four years.

20. Chip shortage keeps driving up auto prices, cutting sales -

Chip shortage keeps driving up auto prices, cutting sales

By TOM KRISHER AP Auto Writer

DETROIT (AP) — The global semiconductor shortage is still vexing the auto industry. U.S. new vehicle sales were expected to tumble more than 20% in the second quarter compared with a year ago. Yet demand still outstripped supply from April through June, even with $5 per gallon gasoline, high inflation and rising interest rates. The low supply has raised prices to record levels, knocking many consumers out of the new-vehicle market. General Motors reported a 15% sales drop due largely to the chip shortage. Toyota sales are down 19% for the first half of the year and fell 18% in June. Stellantis posted a 16% decline.

21. Chip shortage leaves 95K GM vehicles unfinished in storage -

DETROIT (AP) — The global shortage of computer chips and other parts forced General Motors to build 95,000 vehicles without certain components during the second quarter.

The Detroit automaker said in a regulatory filing Friday that most of the incomplete vehicles were built in June, and that it expects most of them to be finished and sold to dealers before the end of the year.

22. China's Baidu races Waymo, GM to develop self-driving cars -

BEIJING (AP) — With no one at the wheel, a self-driving taxi developed by tech giant Baidu Inc. is rolling down a Beijing street when its sensors spot the corner of a delivery cart jutting into its lane.

23. Exec returns to Toyota as adviser after '15 arrest in Japan -

TOKYO (AP) — An American executive who resigned from Toyota after being arrested in Japan in 2015 on suspicion of drug law violations is back at the Japanese automaker, the company said Thursday.

Julie Hamp has been hired by Toyota Motor Corp.'s North American operations to support its chief executive, Akio Toyoda, and advise the company on global management, sustainability, governance and global media relations.

24. Data likely shows Teslas on Autopilot crash more than rivals -

DETROIT (AP) — The government will soon release data on collisions involving vehicles with autonomous or partially automated driving systems that will likely single out Tesla for a disproportionately high number of such crashes.

25. Napaway Coach to offer D.C.-Nashville service -

Napaway Coach, a new type of premium sleeper coach service designed to offer comfortable, convenient, overnight journeys between cities across the country, has revealed it will officially begin operations June 17 with service between Washington, D.C., and Nashville.

26. California regulators approve state's 1st robotic taxi fleet -

California regulators on Thursday gave a robotic taxi service the green light to begin charging passengers for driverless rides in San Francisco, a first in a state where dozens of companies have been trying to train vehicles to steer themselves on increasingly congested roads.

27. Ford plans to add 6,200 jobs in Ohio, Michigan and Missouri -

AVON LAKE, Ohio (AP) — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models.

The company says it will invest $3.7 billion in the three states between now and 2026. It also will convert about 3,000 temporary workers to full-time status with pay raises and benefits.

28. CEO pay up 17% as profits, stocks soar; workers fall behind -

NEW YORK (AP) — Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting.

The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according to data analyzed for The Associated Press by Equilar.

29. Expedia's Kern, AMD's Su among highest paid CEOs -

Here are the highest paid male and female CEOs in the S&P 500 index for 2021, as calculated by The Associated Press and Equilar, an executive data firm.

The AP's compensation study covered 340 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their respective companies, which filed proxy statements between Jan. 1 and April 30. Some companies with highly paid CEOs do not fit these criteria.

30. Female CEO's pay rose 26% in 2021, but ranks remain small -

NEW YORK (AP) — Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared.

Median pay for the women occupying the corner office rose to nearly $16 million, according to the annual survey done by Equilar for The Associated Press. Still, experts say there's much more to be done to improve gender diversity in the corporate ranks and close the pay gap between men and women.

31. Lawsuit accuses 3 automakers and parts maker in air bag case -

DETROIT (AP) — A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding. Two deaths and at least four injuries have been linked to such explosions.

32. Buffett's firm reveals new stakes in Paramount, Citigroup -

OMAHA, Neb. (AP) — Warren Buffett's company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks.

But Buffett had already shared the biggest investments with Berkshire Hathaway shareholders at the company's recent annual meeting. That means investors already knew that he had invested heavily in Chevron, Occidental Petroleum and HP Inc. during the quarter, while picking up nearly 4 million more Apple shares and betting that Microsoft's acquisition of Activision Blizzard will go through.

33. No turning back as automakers go electric -

Here’s a good analogy about the nation’s ever-changing automotive conversion from cars with internal combustion engines to a fleet of battery-powered electric vehicles.

“A lot of people sound worried, but I like to compare it to leaving the horse and going to the internal combustion engine. So, now the motor is the horse, and we’re leaving it behind,” says Ferman Clark of Brentwood, a now-retired GM employee who worked at the Saturn plant in Spring Hill from 1990 through the mid-2000s.

34. US economy shrinks, threats loom, but growth likely to last -

WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates, yet economists foresee a return to growth for the rest of 2022 based on the strength of the job market and consumer spending.

35. Ford loses $3.1 billion, hit by investment and chip shortage -

DALLAS (AP) — Ford Motor Co. reported Wednesday that it lost $3.1 billion in the first quarter, weighed down by its investment in an electric-vehicle startup, and its revenue slid as a shortage of chips limited the supply of pickups and SUVs in North America.

36. GM's $2.94B 1Q profit tops Street views, but revenue misses -

LOS ANGELES (AP) — General Motors' net income declined in the first quarter, as the automaker sold fewer cars and trucks worldwide, although higher prices helped boost revenue, especially in North America.

37. Tech stocks slump again; Nasdaq has worst loss since 2020 -

NEW YORK (AP) — Stocks closed broadly lower on Wall Street Tuesday, weighed down by sharp declines in Big Tech stocks that also left the Nasdaq with its worst drop since September 2020.

Investors are busy reviewing the latest round of corporate earnings and are facing a particularly heavy week with results from some of the nation's biggest companies. Earnings growth has been one of the pillars of the market, but the reports so far haven't offset investors' concerns about rising inflation, interest rate hikes and potential damage to global economic growth from pandemic-related lockdowns in China.

38. Czech record presser locating $13M facility in Nashville -

Nashville Record Pressing, LLC is establishing operations in Nashville that will include its headquarters, manufacturing, distribution and back-office functions.

Nashville Record Pressing will invest $13.3 million and create 255 new jobs during the next five years at the company’s facility located at 520 Brick Church Park Drive, the company reports.

39. Biden launches $6B effort to save distressed nuclear plants -

WASHINGTON (AP) — The Biden administration is launching a $6 billion effort to rescue nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change.

40. Macron, Le Pen decry 'shocking' Stellantis CEO pay -

PARIS (AP) — French President Emmanuel Macron and his far-right challenger in the French presidential vote, Marine Le Pen, on Friday both decried as "shocking" the multimillion euro payout to the CEO of carmaker Stellantis.

41. Japanese e-vehicle battery company to build Kentucky plant -

FRANKFORT, Ky. (AP) — A Japanese electric vehicle battery technology company will build a factory in Kentucky, creating 2,000 jobs in a $2 billion investment that reinforces the state's leadership in battery production, Gov. Andy Beshear said Wednesday.

42. Burr & Forman appoints Nashville managing partner -

Burr & Forman LLP has named Ken Bryant office managing partner of the firm’s Nashville location. He succeeds C. Tucker Herndon, who was recently appointed to the firm’s executive committee.

43. Future of work, living takes shape in suburbs -

The future of the office, or at least one vision of that future, is coming into focus in suburbs surrounding Nashville, where commutes require a comfortable pair of shoes or a bicycle instead of a car.

44. Toyota unveils first electric vehicle since RAV4 EV in 2014 -

DETROIT (AP) — Toyota, the top-selling automaker in the U.S., is rolling out its first fully electric vehicle in eight years.

The company on Tuesday unveiled the battery-powered bZ4X small SUV, which starts at $42,000 and can go up to 252 miles (406 kilometers) per charge.

45. Newgarden moves Team Penske to 3-0 with Long Beach victory -

LONG BEACH, Calif. (AP) — Colton Herta is so good on the downtown streets of Long Beach, and was so strong this weekend, that a second consecutive victory seemed automatic.

Not so fast, scowled Nashville's Josef Newgarden, who went to sleep the night before the race Sunday stewing over a question he'd been asked after qualifying by a reporter who inquired, "At what point does Colton Herta check out tomorrow?"

46. US electric-vehicle tax credits ending for new Toyota buyers -

DETROIT (AP) — Toyota customers soon won't be able to get U.S. federal tax credits for buying electric or hybrid vehicles.

The automaker expects that sometime before the end of June it will reach a 200,000-vehicle cap on the credits, Bob Carter, Toyota's head of North American sales, said Wednesday. After that, the credits will be phased out over the next year, reaching zero, as Tesla and General Motors already have.

47. US agency opens probe into electric vehicle batteries -

DETROIT (AP) — U.S. safety regulators have opened an investigation into electric and hybrid vehicle batteries after five automakers issued recalls due to possible defects that could cause fires or stalling.

48. US seeks new lithium sources as demand for batteries grows -

NEWRY, Maine (AP) — The race is on to produce more lithium in the United States.

The U.S. will need far more lithium to achieve its clean energy goals — and the industry that mines, extracts and processes the chemical element is poised to grow. But it also faces a host of challenges from environmentalists, Indigenous groups and government regulators.

49. EV battery maker LG will add up to 1,200 jobs in Michigan -

LANSING, Mich. (AP) — Electric vehicle battery maker LG Energy Solution plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025, officials announced Tuesday.

The project at the company's site in Holland, located about 155 miles (249 kilometers) northwest of Detroit, was approved for $56.5 million in state grants and a 20-year tax break worth $132.6 million.

50. Chinese virus cases climb, raise threat of trade disruption -

BEIJING (AP) — Chinese authorities on Tuesday tightened anti-virus controls at ports, raising the risk of trade disruptions after some auto and electronics factories shut down as the government fights coronavirus outbreaks.

51. Biden restores California's power to set car emissions rules -

WASHINGTON (AP) — The Biden administration is restoring California's authority to set its own tailpipe pollution standards for cars, reversing a Trump administration policy and likely ushering in stricter emissions standards for new passenger vehicles nationwide.

52. Japan's Honda, Sony joining forces on new electric vehicle -

TOKYO (AP) — Two big names in Japanese electronics and autos are joining forces to produce an electric vehicle together.

Sony Group Corp. and Honda Motor Co. agreed to set up a joint venture this year to start selling an electric vehicle by 2025, both sides said Friday.

53. Biden announces Siemens investment, planned factory jobs -

President Joe Biden has been pushing for more U.S. factory jobs — and he was joined Friday by the CEO of technology company Siemens USA to announce a $54 million investment in producing equipment for the electrical infrastructure.

54. Musk invites auto union to hold organizing vote at factory -

DETROIT (AP) — Elon Musk is inviting the United Auto Workers union to hold an organizing vote at Tesla's factory in Fremont, California.

On Twitter Wednesday, Musk wrote that he invited the union to hold a vote at its convenience. "Tesla will do nothing to stop them," he wrote.

55. Housing is consuming Midstate’s farmland -

The population of Spring Hill was 986 in 1980. It was a proudly rural farming community with the roots of many of the farming families going back hundreds of years.

Then came General Motors, which built a plant to build its Saturn product line on 1,000 acres that was formerly the Haynes Haven Farm.

56. GM says Cruise robo-car unit will be helmed by founder Vogt -

DETROIT (AP) — General Motors said Monday that Kyle Vogt will take over as CEO of its Cruise autonomous vehicle subsidiary, a company he helped found in 2013.

A GM representative confirmed what Vogt posted on Twitter, that he had "once again" accepted the job as CEO of Cruise.

57. Subaru buyers caught in right-to-repair fight over its cars -

Driving a rugged Subaru through snowy weather is a rite of passage for some New Englanders, whose region is a top market for the Japanese automaker.

So it was a surprise to Subaru fans when Massachusetts dealerships started selling its line of 2022 vehicles without a key ingredient: the in-car wireless technology that connects drivers to music, navigation, roadside assistance and crash-avoiding sensors.

58. In GOP embrace of truckers, some see racist double standard -

Former President Donald Trump, who repeatedly called Black Lives Matter protesters "thugs" and "anarchists," said there's "a lot of respect" for the overwhelmingly white truckers who blocked streets in the Canadian capital and shut down border crossings with the U.S. to oppose COVID-19 restrictions.

59. AP FACT CHECK: Biden takes half-steps on electric vehicles -

WASHINGTON (AP) — Eager to show benefits from his policies, President Joe Biden is overstating the number of electric vehicle charging stations that would be built with his infrastructure law and claiming a speedy shift to electric in the federal fleet that isn't so.

60. Canada's Trudeau invokes emergency powers to quell protests -

OTTAWA, Ontario (AP) — Prime Minister Justin Trudeau invoked emergency powers Monday to quell the paralyzing protests by truckers and others angry over Canada's COVID-19 restrictions, outlining plans not only to tow away their rigs but to strike at their bank accounts and their livelihoods.

61. Super Bowl ads go heavy on nostalgia, star power -

NEW YORK (AP) — On the field, the Los Angeles Rams and Cincinnati Bengals played a nail biter during Super Bowl 56, with the Rams emerging victorious.

Off the field, Super Bowl advertisers were in a tough competition of their own. Advertisers shelled out up to $7 million for 30 seconds of airtime during the Super Bowl, so they pulled out all the stops to win over the estimated 100 million people that tune into the game. Big stars, humor and a heavy dose of nostalgia were prevalent throughout the night.

62. Canadian judge orders an end to blockade at border bridge -

WINDSOR, Ontario (AP) — A judge on Friday ordered protesters at the Ambassador Bridge over the U.S.-Canadian border to end the 5-day-old blockade that has disrupted the flow of goods between the two countries and forced the auto industry on both sides to roll back production.

63. EXPLAINER: A scarcity of chips feeds frustration, inflation -

Even coming off its fastest annual growth in 37 years, the U.S. economy is still bogged down by a persistent shortage of the computer chips essential to the technology that connects, transports and entertains us.

64. COVID-19 truck blockade in Canada shuts down Ford plant -

TORONTO (AP) — A blockade of the bridge between Canada and Detroit by protesters demanding an end to Canada's COVID-19 restrictions forced the shutdown Wednesday of a Ford plant and began to have broader implications for the North American auto industry.

65. Auto workers vote for independent union at Mexico GM plant -

MEXICO CITY (AP) — Workers at a General Motors assembly plant in northern Mexico voted for a new independent union to represent them after ousting an old guard union last year, according to results announced Thursday.

66. Record sales prices drive GM profit up 56% to $10B last year -

DETROIT (AP) — Vehicles were scarce due to a global shortage of computer chips, but that drove prices up and helped General Motors increase its net income 56% last year.

The Detroit automaker said Tuesday that it made $10.02 billion for the full year. And it predicted record pretax earnings in 2022 of $13 billion to $15 billion and net income of $9.4 billion to $10.8 billion.

67. Union vote by GM workers in Mexico a test for labor rights -

MEXICO CITY (AP) — Workers at a General Motors plant in northern Mexico were voting Tuesday on whether to form one of the first truly independent auto labor unions in Mexican history.

The vote among the roughly 6,500 employees of GM transmission and pickup plants in the northern Mexico city of Silao is a major test of whether a measure of freedom has come to Mexican labor practices.

68. Tesla fans complain Biden ignores company's EV leadership -

DETROIT (AP) — Some of Tesla's loyal band of devotees and CEO Elon Musk say the White House has been unfairly snubbing America's top-selling electric vehicle brand in its support for EVs as a way to fight climate change — and they're making their discontent known.

69. Biden gets CEO support for economic agenda -

WASHINGTON (AP) — President Joe Biden on Wednesday secured the blessing of several business leaders on his economic agenda that has stalled in the Senate, part of an effort to restart some momentum for the nearly $2 trillion in spending and tax increases that he's proposed.

70. General Motors to add 8,000 technical workers this year -

DETROIT (AP) — There are more than 8,000 new technical job openings at General Motors, and the automaker plans to fill them during a hiring spree this year.

The Detroit automaker is looking for software, computer, mechanical and electrical engineers, as well as battery engineers, cyber security experts and others.

71. GM to spend nearly $7B on EV, battery plants in Michigan -

LANSING, Mich. (AP) — General Motors is making the largest investment in company history in its home state of Michigan, announcing plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery cell plant.

72. GM to spend $6.5B, add 4,000 jobs at Michigan EV factories -

LANSING, Mich. (AP) — General Motors is poised to announce next week major electric-vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants.

The state's economic development board is expected to approve an incentives package Tuesday, according to a meeting agenda posted online.

73. New vehicles to be rated on how they make drivers stay alert -

DETROIT (AP) — Two organizations that influence many Americans' automobile buying decisions will begin rating vehicles on how well they track behavior of motorists who use partially automated driver-assist systems.

74. Intel building $20B Ohio chip facility amid global shortage -

COLUMBUS, Ohio (AP) — Chip maker Intel said it will invest $20 billion to build a new factory in Ohio, an attempt to help alleviate a global shortage of chips powering everything from phones to cars to home appliances while also signaling the giant company's commitment to manufacturing crucial technology products in the U.S.

75. Businesses react to ruling against Biden vaccine mandate -

For companies that were waiting to hear from the U.S. Supreme Court before deciding whether to require vaccinations or regular coronavirus testing for workers, the next move is up to them.

Many large corporations were silent on Thursday's ruling by the high court to block a requirement that workers at businesses with at least 100 employees be fully vaccinated or else test regularly for COVID-19 and wear a mask on the job.

76. New cars and missing features: What to do -

Most people are aware that automakers have felt the brunt of the worldwide microchip shortage, resulting in understocked dealerships at a time when consumer demand is high. But there’s another less well-known trend that can further complicate the process of buying a new vehicle.

77. Hotchkiss among 4 new McGlinchey members -

McGlinchey Stafford has named three new members, including Lynette Hotchkiss in its Nashville office.

Hotchkiss, who specializes in consumer financial services compliance, joined McGlinchey in 2020 and has previous experience as general counsel and other in-house roles at banks, and as a senior regulator within the federal government.

78. New GM electric truck faces competition, skeptical buyers -

PITTSFIELD TOWNSHIP, Mich. (AP) — The competition among U.S. automakers for a still-small pool of consumers seeking electric vehicles is quickly intensifying.

General Motors, normally the top-selling U.S. automaker, officially unveiled the Chevrolet Silverado EV Wednesday with a virtual press conference at the CES gadget show. Work truck versions go on sale in the spring of next year, followed in the fall by a high-end consumer version.

79. New auto sales up in 2021 but long way before full recovery -

DETROIT (AP) — U.S. new vehicle sales rebounded slightly last year from 2020's dismal numbers, but forecasters expect them to be more than 2 million below the years before the coronavirus pandemic.

80. Markets 2021: Stocks soar, IPOs explode, crypto goes wild -

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits.

As of Dec. 22, the S&P 500 had risen 25%, its third-straight annual increase. Along the way, the benchmark index set 67 all-time highs.

81. NLRB to review order blocking Nissan plant small union vote -

NASHVILLE (AP) — A federal labor board is reviewing a decision by one of its regional officials to deny a union from trying to organize fewer than 100 of the thousands of employees at Nissan's auto assembly plant in Tennessee.

82. EV start-up Nikola settles with US for $125 million -

Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects.

83. Rivian praises Georgia's education system, resources, talent -

ATLANTA (AP) — Rivian Automotive was attracted to Georgia's education system, resources and talent when choosing a site for its $5 billion battery and assembly plant, a company official said Thursday as the project was officially announced.

84. Stocks pull back from records, weighed down by tech, energy -

Stocks pulled back below their recent record levels on Wall Street Monday as the market's momentum slows down following its best week since February.

The S&P 500 fell 0.9%, the Dow Jones Industrial Average also fell 0.9% and the tech-heavy Nasdaq gave up 1.4% Technology, energy and travel-related companies had some of the biggest losses.

85. GM venture picks Michigan for 3rd US-based EV battery plant -

DETROIT (AP) — General Motors and a joint venture partner plan to build an electric vehicle battery factory in Lansing, Michigan, which would be their third such factory in the U.S. The other two sites are Spring Hill, Tennessee, and Detroit-Hamtramck.

86. GM CEO says making ventilators changed the company culture -

DETROIT (AP) — The CEO of General Motors said Thursday that the automaker learned valuable lessons last year when it stepped in to boost emergency production of ventilators to treat severely ill COVID-19 patients.

87. Stellantis wants to outfit cars with AI to drive up revenue -

MILAN (AP) — Carmaker Stellantis announced a strategy Tuesday to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will help it bring in 20 billion euros ($22.6 billion) in annual revenue by 2030.

88. Toyota to build $1.3B battery plant near Greensboro, N.C. -

RALEIGH, N.C. (AP) — Toyota is preparing to build a $1.3 billion electric vehicle battery plant near Greensboro, North Carolina, that will employ at least 1,750 people, government officials said Monday.

89. UAW votes for direct election of leaders in wake of scandal -

DETROIT (AP) — Members of the United Auto Workers union have overwhelmingly approved picking their leaders by direct ballot elections, rejecting a system that many blamed for a bribery and embezzlement scandal in the union's top ranks.

90. GM cites improved chip supply in raising financial guidance -

DETROIT (AP) — Citing an improved supply of automotive computer chips, General Motors raised its financial guidance on Wednesday and said it expects to return to a normal production rate by the end of next year.

91. GM venture to build North American battery chemical plant -

DETROIT (AP) — General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it brings more steps in the electric vehicle supply chain under its umbrella.

92. Biden pushes electric vehicle chargers as energy costs spike -

WASHINGTON (AP) — President Joe Biden is highlighting billions of dollars in his giant bipartisan infrastructure deal to pay for the installation of electric vehicle chargers across the country, an investment he says will go a long way to curbing planet-warming carbon emissions while creating good-paying jobs.

93. US industrial production rebounded 1.6% in October -

WASHINGTON (AP) — U.S. industrial production rebounded in October as automakers, stung by supply chain problems, posted strong increases and the adverse effects from a hurricane that struck the nation's energy complex in the Gulf of Mexico faded.

94. Biden signs $1T infrastructure bill with bipartisan audience -

WASHINGTON (AP) — President Joe Biden signed his $1 trillion infrastructure deal into law Monday on the White House lawn, hailing it as an example of what bipartisanship can achieve.

The president hopes to use the law to build back his popularity and says it will deliver jobs, clean water, high-speed internet and a clean energy future. Support for Biden has taken a hit amid rising inflation and the inability to fully shake the public health and economic risks from COVID-19.

95. Stocks close higher, but indexes still end week in the red -

Stocks closed higher on Wall Street on Friday, but the market still ended the week lower as inflation worries weighed on investors' moods earlier in the week.

The S&P 500 index added 33.58 points, or 0.7%, to end at 4,682.85. While it closed higher, the benchmark index still ended the week down 0.3%. It was the first weekly loss for the S&P 500 in six weeks.

96. Biden bill includes boost for union-made electric vehicles -

WASHINGTON (AP) — President Joe Biden and Democrats in Congress are looking to give U.S. automakers with union employees the inside track on the burgeoning electric vehicle market, triggering vocal opposition from foreign trade partners and Republicans who worry that manufacturers in their home states will be placed at a competitive disadvantage.

97. Rivian about to surpass GM as 2nd most valuable US carmaker -

NEW YORK (AP) — Rivian Automotive, a company that went public a day ago and hopes to produce 1,000 electric vehicles by the end of the year, will surpass General Motors to become the nation's second most valuable automaker if an overnight surge in the price of its shares hold.

98. Efforts to cut car, plane and ship emissions get small boost -

GLASGOW, Scotland (AP) — Several countries and companies announced plans Wednesday to stop selling cars that run on gasoline or diesel over the next two decades, as part of efforts to clamp down on a significant source of planet-warming emissions.

99. Electric truck maker Rivian zooms to $90B market value -

SILVER SPRING, Md. (AP) — Shares of Rivian Automotive jumped in their debut Wednesday, rising as much as 53% as investors look for the next big winner in the electric vehicle market.

The opening trade of $106.75 gave Rivian a market value of about $91 billion, greater than that of Ford and General Motors. That's noteworthy because Rivian has so far delivered about 150 of its electric pickup trucks to customers, mostly employees, whereas Ford and GM sell millions of cars globally each year.

100. Congress mandates new car technology to stop drunken driving -

WASHINGTON (AP) — Congress has created a new requirement for automakers: Find a high-tech way to keep drunken people from driving cars.

It's one of the mandates along with a burst of new spending aimed at improving auto safety amid escalating road fatalities in the $1 trillion infrastructure package  that President Joe Biden is expected to sign soon.