Category: Automotive

GM reports $3.9 billion loss for 2017

General Motors headquarters is seen in the Renaissance Center in Detroit. (Photo: Stan Honda / Getty Images) General Motors Co. reported Tuesday a loss of $3.9 billion in 2017, due largely to charges related to the new tax law and the Opel-Vauxhall sale, in what the company characterized as a very strong year. Even though… Continue reading GM reports $3.9 billion loss for 2017

GM CEO Mary Barra says too many women quit their jobs for the wrong reason

When it comes to General Motors, you might say that CEO Mary Barra is ride or die. At 18, she started working for GM as a way to help pay for her college tuition. Her gig, inspecting hoods and fender panels of the Pontiac Grand Prix, turned out to be the first step in a lifelong… Continue reading GM CEO Mary Barra says too many women quit their jobs for the wrong reason

General Motors enters losses in 2017 due to Trump’s new tax reform and the sale of Opel to PSA

Posted 06/02/2018 14: 42: 54CET DETROIT (UNITED STATES), 6 Feb. (EUROPA PRESS) – General Motors (GM) recorded net losses attributable of 3,864 million dollars (about 3,131 million euros at the current rate) in 2017, compared to 9,427 million dollars (7,642 million euros) of profit obtained in the previous year, according to data published by the… Continue reading General Motors enters losses in 2017 due to Trump’s new tax reform and the sale of Opel to PSA

Car sales in Germany rise 11.6% in January, with 269,429 units

Posted 06/02/2018 14: 21: 02CET BERLIN, 6 Feb. (EUROPA PRESS) – Automobile registrations in the German market stood at 269,429 units during the month of January, representing an increase of 11.6% compared to the same month of 2017, according to data from the German Federal Automobile Agency (KBA) , by its acronym in German). On… Continue reading Car sales in Germany rise 11.6% in January, with 269,429 units

Europe will have 80 million fewer cars in 2030 as a result of shared transport

Posted 06/02/2018 14: 19: 08CET MADRID, 6 Feb. (EUROPA PRESS) – Europe will have 80 million fewer cars in 2030 as a result of shared transport and digitalization, according to the study ‘Eascy: the five dimensions that will transform the Automotive sector’ that has been developed by the consultancy PwC. The company expects the car… Continue reading Europe will have 80 million fewer cars in 2030 as a result of shared transport

S & P upgrades Fiat Chrysler’s long-term rating to ‘BB +’ for its strong profit margin

Posted 06/02/2018 14:17:37CET LONDON, Feb. 6 (EUROPE PRESS) – The credit rating agency S & P has revised up the long-term rating of the Fiat Chrysler Automobiles (FCA) automobile consortium, which goes from ‘BB’ to ‘BB +’ (questionable quality, with uncertain long-term capacity with great sensitivity to adverse environments). The firm explained that this improvement… Continue reading S & P upgrades Fiat Chrysler’s long-term rating to ‘BB +’ for its strong profit margin

Byton & Aurora

With Byton Aurora has a new cooperation partner in the development of autonomous driving. Aurora had one recently partnership agreement With VW and Hyundai closed and now comes the Chinese startup Byton. The startup has at CES with his prototypes advertised, which is electrically powered. This sensation has probably attracted more partners. Aurora and Byton… Continue reading Byton & Aurora

The new car

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