Legendary automotive designer William Porter has passed away in his Michigan home at the age of 93. His career as a designer for GM spanned 39 years.

GM and its partner LG Energy Solution plan to launch production of the technology, called lithium manganese-rich batteries, in the U.S. by 2028.

The Detroit automaker says it will begin commercial production of lithium manganese-rich cells at an Ultium plant in Ohio or Tennessee.

The early repayment came on the same day GM announced its goal to become the first automaker to use a new, cheaper battery chemistry for electric vehicles.

The automaker's new VP of global product has previously worked on Tesla's Autopilot and co-founded a driverless trucking startup.

Ford Motor Co. on Tuesday named a former General Motors Co. finance director as its next chief accounting officer.

General Motors (NYSE:GM) shares clock seven straight sessions of gains, as the stock rises 3.9% at $49.36 on Monday. The automotive giant gained nearly 5% in the preceding six sessions. The stock has slipped 8% so far this year,