Medical device maker Ventec will rely on GM's logistics, purchasing and manufacturing expertise to "rapidly scale up production" of ventilators to help treat the most severe cases of COVID-19. VW is also exploring using 3D printing to make ventilators.

Matt Tsien will succeed Jon Lauckner, and communications chief Tony Cervone is retiring in a series of executive changes.

GM CEO Mary Barra told the Trump administration that the automaker is working to find solutions to help stem the spread of the coronavirus, and offered to help. Ford also is looking into the possibility of making medical equipment.

GM and Fiat Chrysler said the shutdowns will begin today, while Ford’s will take place Thursday. Other automakers are following suit throughout North America as coronavirus fears spread.

GM's new Ultium batteries will be used on upcoming EVs for the Hummer, Chevrolet and Cadillac brands.

The Cruise Origin, developed with Honda, is designed with more passenger space, and the driverless taxi will give ride-hailing giants Uber and Lyft another rival, Cruise CEO Dan Ammann said.

GM filed a lawsuit against Fiat Chrysler alleging that FCA bribed union officials in the U.S. to corrupt the bargaining process. GM also alleged that Fiat Chrysler's former CEO, the late Sergio Marchionne, was central in the scheme.

GM's net income fell to $2.3 billion, including a $1 billion hit from the first two weeks of the UAW's strike. GM said it expects the 40-day strike to reduce 2019 earnings by about $2 per share, or nearly $3 billion.