FILE PHOTO: General Motors Executive Vice President Global Product Design Mark Reuss talks about the new 2019 GMC Sierra Denali pickup truck at the Russell Industrial Center in Detroit, Michigan, U.S., March 1, 2018. REUTERS/Rebecca Cook (Reuters) – General Motors Co (GM.N) said on Thursday that Mark Reuss would succeed Dan Ammann as president, effective… Continue reading UPDATE 1-Reuss, head of self-driving unit, to succeed Ammann as GM president
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Reuss, head of self-driving unit, to succeed Ammann as GM president
FILE PHOTO: General Motors Executive Vice President Global Product Design Mark Reuss talks about the new 2019 GMC Sierra Denali pickup truck at the Russell Industrial Center in Detroit, Michigan, U.S., March 1, 2018. REUTERS/Rebecca Cook (Reuters) – General Motors Co (GM.N) said on Thursday that Mark Reuss would succeed Dan Ammann as president, effective… Continue reading Reuss, head of self-driving unit, to succeed Ammann as GM president
GM names Mark Reuss company president
FILE PHOTO: General Motors Executive Vice President Global Product Design Mark Reuss talks about the new 2019 GMC Sierra Denali pickup truck at the Russell Industrial Center in Detroit, Michigan, U.S., March 1, 2018. REUTERS/Rebecca Cook (Reuters) – General Motors Co (GM.N) on Thursday named Mark Reuss president, effective immediately, tapping into his experience in… Continue reading GM names Mark Reuss company president
General Motors’ new vehicle sales drop 2.7 percent in fourth quarter
FILE PHOTO: A logo of General Motors is pictured at its plant in Silao, in Guanajuato state, Mexico, November 9, 2017. REUTERS/Edgard Garrido DETROIT (Reuters) – General Motors Co (GM.N) on Thursday reported that its U.S. new vehicle sales fell 2.7 percent in the fourth quarter, with declines across most of its brands. The No.… Continue reading General Motors’ new vehicle sales drop 2.7 percent in fourth quarter
Tesla cuts U.S. prices on all vehicles, shares drop
(Reuters) – Tesla Inc (TSLA.O) on Wednesday cut U.S. prices for all its vehicles to offset lower green tax credits, and fell short on quarterly deliveries of its mass-market Model 3 sedan, sending shares of the electric vehicle maker down nearly 7 percent on worries of future profitability. Analysts questioned whether the $2,000 price cut… Continue reading Tesla cuts U.S. prices on all vehicles, shares drop
UPDATE 5-Tesla shares drop on price cut, disappointing Model 3 deliveries
(Reuters) – Shares in Tesla Inc (TSLA.O) dropped as much as 9 percent on Wednesday on worries of future profitability, after the electric car maker cut U.S. prices for all its vehicles to offset lower green tax credits, while falling short on quarterly deliveries of its mass-market Model 3 sedan. FILE PHOTO: Rows of new… Continue reading UPDATE 5-Tesla shares drop on price cut, disappointing Model 3 deliveries
UPDATE 1-GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout – source
FILE PHOTO – The GM logo is seen at the General Motors Assembly Plant in Ramos Arizpe, in Coahuila state, Mexico November 25, 2017. REUTERS/Daniel Becerril WASHINGTON (Reuters) – General Motors Co (GM.N) hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out… Continue reading UPDATE 1-GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout – source
GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source
FILE PHOTO – The GM logo is seen at the General Motors Assembly Plant in Ramos Arizpe, in Coahuila state, Mexico November 25, 2017. REUTERS/Daniel Becerril WASHINGTON (Reuters) – General Motors Co (GM.N) hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out… Continue reading GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source
Brazil auto sales up 13.6 pct in 2018 – source
SAO PAULO, Jan 2 (Reuters) – Auto sales in Brazil went up 13.6 percent in 2018 from the previous year, a source with knowledge of the matter told Reuters. Sales totaled 2.47 million, in line with the national automakers’ association expectation of 2.46 million units. In December, sales were up 9.5 percent from the same… Continue reading Brazil auto sales up 13.6 pct in 2018 – source
Tesla shares dive after Model 3 delivery falls short of estimates, cuts prices
FILE PHOTO: A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Jason Lee/File Photo (Reuters) – Tesla Inc (TSLA.O) shares sank 8 percent on Wednesday after the electric car maker delivered fewer-than-expected Model 3 sedans in the fourth quarter and… Continue reading Tesla shares dive after Model 3 delivery falls short of estimates, cuts prices