German Manager Magazine: Ford: Profit warning after third quarter002838

After General Motors also pulls ford its profit forecast for the full year. The reason is the pending ratification of the agreement with the United Auto Workers (UAW) union, the car manufacturer announced on Thursday after the US stock market closed. Ford and UAW negotiators had a strike Wednesday after a six-week strike provisional agreement… Continue reading German Manager Magazine: Ford: Profit warning after third quarter002838

German Manager Magazine: Leapmotor: Stellantis is looking to join forces with China002837

The Chrysler parent company Stellantis is building her e-car business China out of. The group is acquiring 21 percent of the Chinese electric car maker Leapmotor for $1.6 billion, Stellantis said, whose brands include Fiat and Peugeot belong, on Thursday. In addition, a joint venture will be founded in which Stellantis will hold 51 percent… Continue reading German Manager Magazine: Leapmotor: Stellantis is looking to join forces with China002837