India’s passenger vehicle industry exited CY2022 on a very strong note – over 3.8 million units and 24% year-on-year growth. Now, the top six players, some of whom recorded their best-ever annual sales last year, are maintaining their ‘run rate’ in CY2023. The top six players – Maruti Suzuki, Hyundai Motor India, Tata Motors, Mahindra… Continue reading India’s Top 6 carmakers begin 2023 with strong sales in January
Category: US Motoring Press
GM salaried workers should expect smaller bonuses: How formula works
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GM to pay some UAW hourly workers record $12,750 in profit-sharing
As a result of General Motors’ yearly gains in profits, about 42,300 U.S. hourly workers will receive a profit-sharing check of up to $12,750, GM spokesman David Caldwell said Tuesday. The before-taxes payout for its UAW-represented workforce is an increase from $10,250 paid out in 2021 and about $9,000 in 2020. It is a record payout,… Continue reading GM to pay some UAW hourly workers record $12,750 in profit-sharing
Elon Musk Says He Could Have Raised Funds to Take Tesla Private
Mr. Musk testified in a lawsuit filed by investors who claim his 2018 statements about a plan to buy up the carmaker’s stock cost them billions. Go to Source
Elon Musk Testifies That His Tweets Did Not Drive Tesla’s Stock Price
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Elon Musk Goes to Trial Over His 2018 Plan to Take Tesla Private
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Tesla Sales in China Slump as Competition Intensifies
Worry about the carmaker’s sales in the world’s largest car market is one reason the shares have plunged. Go to Source
Tesla Car Sales Grow Slower Than Expected, Amplifying Concerns
Wall Street has grown decidedly pessimistic about Tesla, fearful that Elon Musk, its chief executive, is too focused on Twitter. Go to Source