Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale

Ford Motor said Tuesday that it was resuming work on an electric vehicle battery plant in Michigan but significantly scaling back its plans in part because of slow E.V. adoption in the United States. A company spokesman said that Ford now expected the plant in Marshall, Mich., to create 1,700 jobs rather than 2,500, but… Continue reading Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale

From FedEx to airlines, companies are starting to lose their pricing power

A FedEx worker delivers packages in New York, May 9, 2022. Andrew Kelly | Reuters After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the limits of their pricing power. Shipping giant FedEx last week said customers have shied away from speedier, pricier shipping options.… Continue reading From FedEx to airlines, companies are starting to lose their pricing power

CNBC Daily Open: Will the S&P end 2023 on a record high?

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they… Continue reading CNBC Daily Open: Will the S&P end 2023 on a record high?

CNBC Daily Open: For the S&P, the last mile’s the longest

A trader reacts after the closing bell on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to… Continue reading CNBC Daily Open: For the S&P, the last mile’s the longest

Jimny, Swift to not be shared with Toyota to protect brand identities

Toyota is understood to have been quite keen to have its own versions of Maruti Suzuki’s iconic Jimny and Swift for its model line-up in much the same way the two companies currently share the Baleno and Glanza, the Ertiga and Rumion, and the Grand Vitara and Urban Cruiser Hyryder. Suzuki, on the other hand, has gently refused, stating that the two models are integral to its DNA… Continue reading Jimny, Swift to not be shared with Toyota to protect brand identities

Jimny, Swift to not be shared with Toyota to protect brand identities

Toyota is understood to have been quite keen to have its own versions of Maruti Suzuki’s iconic Jimny and Swift for its model line-up in much the same way the two companies currently share the Baleno and Glanza, the Ertiga and Rumion, and the Grand Vitara and Urban Cruiser Hyryder. Suzuki, on the other hand, has gently refused, stating that the two models are integral to its DNA… Continue reading Jimny, Swift to not be shared with Toyota to protect brand identities

Jimny, Swift to not be shared with Toyota to protect brand identities

Toyota is understood to have been quite keen to have its own versions of Maruti Suzuki’s iconic Jimny and Swift for its model line-up in much the same way the two companies currently share the Baleno and Glanza, the Ertiga and Rumion, and the Grand Vitara and Urban Cruiser Hyryder. Suzuki, on the other hand, has gently refused, stating that the two models are integral to its DNA… Continue reading Jimny, Swift to not be shared with Toyota to protect brand identities

Jimny, Swift to not be shared with Toyota to protect brand identities

Toyota is understood to have been quite keen to have its own versions of Maruti Suzuki’s iconic Jimny and Swift for its model line-up in much the same way the two companies currently share the Baleno and Glanza, the Ertiga and Rumion, and the Grand Vitara and Urban Cruiser Hyryder. Suzuki, on the other hand, has gently refused, stating that the two models are integral to its DNA… Continue reading Jimny, Swift to not be shared with Toyota to protect brand identities

Citroen could delay the launch of the C3X

Citroen could delay the launch of the C3X, which is a sedan with a twist. Earlier scheduled to debut in mid-2024, we’ve learnt that after receiving feedback from stakeholders, Citroen has gone back to the drawing board to equip this car more generously, which could delay its launch. The upcoming C3X is a fresh take… Continue reading Citroen could delay the launch of the C3X

Citroen could delay the launch of the C3X

Citroen could delay the launch of the C3X, which is a sedan with a twist. Earlier scheduled to debut in mid-2024, we’ve learnt that after receiving feedback from stakeholders, Citroen has gone back to the drawing board to equip this car more generously, which could delay its launch. The upcoming C3X is a fresh take… Continue reading Citroen could delay the launch of the C3X