NEW YORK (Reuters) – Wall Street’s major indexes fell from record highs on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East and a bigger-than-expected contraction in the U.S. manufacturing sector raised concerns of slowing economic growth. Friday’s decline put the benchmark S&P 500 in the red for the… Continue reading S&P 500 snaps win streak as Middle East tensions push down Wall Street
Tag: Manufacturing
@GM: GM Sells More Than 1 Million Crossovers Again in 2019, and Over 1 Million Full-Size Trucks
GM Sells More Than 1 Million Crossovers Again in 2019, and Over 1 Million Full-Size Trucks Crossover sales increase 12.7 percent for the year 2020-01-03 DETROIT – General Motors Co. (NYSE: GM) announced today that it delivered 2,887,046 vehicles in 2019 in the United States. The total included more than 1 million crossovers for the… Continue reading @GM: GM Sells More Than 1 Million Crossovers Again in 2019, and Over 1 Million Full-Size Trucks
@Mitsubishi: Mitsubishi Motors Reports Best Annual Sales Since 2007
In December 2019, MMNA recorded sales of 9,915 units, up 10.3 percent over December 2018. “Sales figures are obviously one key metric for any brand, and by that measure, 2019 was a year of great success and growth at MMNA,” said Fred Diaz, President and CEO, MMNA. “But we have so much more to celebrate… Continue reading @Mitsubishi: Mitsubishi Motors Reports Best Annual Sales Since 2007
@BMW: BMW Group Classic presents: anniversary stories for 2020.
Munich. Legendary model premieres, trailblazing innovations, top sporting performances and pioneering decisions – the history of the BMW Group is full of milestones that have shaped the development of the company for the past 104 years. And behind each historic event, there are fascinating stories of people, technologies and products. They are all about the… Continue reading @BMW: BMW Group Classic presents: anniversary stories for 2020.
Maintenance worker killed at FCA-PSA Italian joint venture Sevel
MILAN (Reuters) – A maintenance worker was killed on Friday at a plant of Italian light commercial vehicles maker Sevel, according to a spokesman for Fiat Chrysler (FCHA.MI), which operates the unit under a joint venture agreement with France’s PSA (PEUP.PA). The worker was employed by a subcontractor for Fiat Chrysler’s Comau industrial automation unit,… Continue reading Maintenance worker killed at FCA-PSA Italian joint venture Sevel
Visteon to Showcase Next-Generation Digital Cockpit Technology Platforms at CES 2020
LAS VEGAS, Jan. 03, 2020 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC), a leading automotive cockpit electronics technology company, will showcase at CES® 2020 a range of technology solutions designed to enhance safety and the driving experience by enabling the transformation of cockpits to all-digital environments. Visteon will display innovative cockpit electronics technology platforms in four… Continue reading Visteon to Showcase Next-Generation Digital Cockpit Technology Platforms at CES 2020
BMW 3 Series Gran Turismo ceases production, no successor due
BMW has ceased production of its 3 Series Gran Turismo with no direct replacement on the cards, as the model is removed from price lists for 2020. With bosses originally claiming demand for the model is still at the desired levels, the decision to ditch the model is instead part of a major cost-cutting efficiency drive. The hatchback version of… Continue reading BMW 3 Series Gran Turismo ceases production, no successor due
Tesla Reaches Preliminary Battery-Supply Deal With CATL
(Bloomberg) — Tesla Inc. has reached a preliminary agreement to start using CATL as a battery supplier for cars made in China from as early as next year, and the companies are in talks to expand the relationship globally, according to people familiar with the matter. Following months of negotiations, the companies clinched a non-binding… Continue reading Tesla Reaches Preliminary Battery-Supply Deal With CATL
Mitsubishi Motors Reports Best Annual Sales Since 2007
In December 2019, MMNA recorded sales of 9,915 units, up 10.3 percent over December 2018. “Sales figures are obviously one key metric for any brand, and by that measure, 2019 was a year of great success and growth at MMNA,” said Fred Diaz, President and CEO, MMNA. “But we have so much more to celebrate… Continue reading Mitsubishi Motors Reports Best Annual Sales Since 2007
Ram Brand Reports Record Sales for 2019
Ten years ago, in the midst of a recovering U.S. automotive industry, a new leadership team decided to do the unthinkable – launch a new brand. The announcement came in October 2009. The Dodge brand, which consisted of Dodge cars and Dodge trucks, would be “unbundled” and the Ram brand was born. Today, the Ram… Continue reading Ram Brand Reports Record Sales for 2019