Posts Tagged ‘General Motors Co’

The RM25t barrier holding electric cars back

By Anjani Trivedi / BLOOMBERG
Wouldn’t it be great if we could all drive without dirtying the air we breathe? Alas, not everyone can afford an electric ...

Shutdown of UK Jaguar plant spurs sell-off in Tata Motors

By BLOOMBERG
MUMBAI • Jaguar Land Rover’s owner Tata Motors Ltd fell to the lowest level in more than six years in Mumbai trading after the luxury ...

GM cuts in front of Waymo to seal self-driving deal with Honda

SOUTHFIELD • Honda Motor Co Ltd spent roughly two years checking out the technology belonging to the hottest name in autonomous vehicles: Google’s Waymo. ...

GM posts steep sales drop on dialled-back discounts

By BLOOMBERG
SOUTHFIELD • General Motors Co’s (GM) sales fell about 13% in August as the automaker pulled back on sales incentives, especially for ...

Toyota said to target tripling China production over next decade

Asia’s largest automaker is targeting to manufacture 3.5m vehicles annually in China by 2030
By BLOOMBERG TOKYO • Toyota Motor Corp ...

Toyota raises bet on self-driving cars by lifting Uber stake

It is transforming into a mobility-services provider, with CEO warning that the paradigm shift has become a life-or-death battle ...

Subaru, Toyota expect ‘big impact’ from US tax

By BLOOMBERG
TOKYO • Subaru Corp reported a sales slide in the US, its largest market, and predicted a “big impact” from US President Donald Trump’s ...

GM, Ford earnings to be hit by trade woes

By BLOOMBERG
NEW YORK • The US auto sector has suffered a bumpy ride so far this year, and the road isn’t expected to get much smoother any time soon. ...

Peugeot’s owner PSA turns around Opel

PSA under CEO Tavares is reaping the benefits of pushing Opel’s labour unions to accept job losses
By BLOOMBERG PARIS • A year ...

China’s latest move on trade is a massive cut to car tariffs

China’s levy will be lowered effective July 1 from the current 25% that has been in place for more than a decade
by BLOOMBERG BEIJING • China will cut ...
GM Cadillac escalade

GM rolls out US$10,000 discount on Escalade to fend off Navigator

It is ‘an exclusive private offer’ designed to ‘keep people in the family’
By KEITH NAUGHTON & DAVID WELCH / Pic By BLOOMBERG In Cadillac and ...

GM firing 1,500 workers undermines Trump’s boasts on auto jobs

by BLOOMBERG
MICHIGAN • General Motors Co (GM) will fire as many as 1,500 workers at the end of June at the Ohio factory building the Chevrolet Cruze ...