GM, LG Chem to form $2.3 billion joint venture for battery cell production

Once world’s largest automaker, GM retreats overseas as others take the lead

Mary Barra, Chairman and CEO of General Motors. Bill Pugliano | Getty Images Long the world’s largest automaker, General Motors has watched an assortment of key competitors push past it in the global sales race this past decade and may soon find itself slipping into the No. 5 spot behind the likes of Volkswagen, Toyota … Read more…