Toyota is tightening the reins after seeing its first quarterly profit drop in two years. To maintain profits, Toyota plans to “hold off on investment decisions until the very last moment,” including EV and hybrid investments. Toyota announced that its operating income in the first half of fiscal 2025 fell to around $16 billion (2.64 trillion… Continue reading Toyota will hold off on EV investment decisions until ‘the very last moment’ as profits slip
Tag: Recalls
GM recalls, once again, its Chevy Bolt
Chevy Bolt EUV (Source: Chevrolet) A few years back, General Motors had to recall 142,000 Bolts in a major fiasco due to fire risk. This time around, however, just a small number of Bolts are being recalled, only 107. But the risk of fire is deemed high – according to the NHTSA – if these… Continue reading GM recalls, once again, its Chevy Bolt
Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates
A Toyota bZ Compact SUV is pictured after a briefing on EV (electric vehicle) battery strategies at the companys showroom in Tokyo on December 14, 2021. Behrouz Mehri | Afp | Getty Images Japanese automaker Toyota Motor on Wednesday reported its first quarterly operating profit drop in about two years, as it strives to navigate… Continue reading Toyota posts nearly 20% drop in second-quarter operating profit, missing estimates
Ducati unveils the new Panigale V2 and Streetfighter V2 at EICMA 2024
Ducati has introduced new models in its twin-cylinder bike lineup, the Panigale V2 and Streetfighter V2, featuring the latest Ducati V2 engine. These models, unveiled at EICMA, highlight Ducati’s focus on performance, offering a combination of lightness, sporty track capabilities, and road-riding enjoyment. The Panigale V2 marks a significant step forward in Ducati’s sportbike development,… Continue reading Ducati unveils the new Panigale V2 and Streetfighter V2 at EICMA 2024
@BMW: Statement Walter Mertl, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2024003799
– Check against delivery – SLIDE 2: BMW Group Quarterly Statement to 30 September 2024 Good Morning, Ladies and Gentlemen, First, I want to clear up that the sales and earnings figures we are releasing today should be viewed in the light of extraordinary challenges. As you are aware, we revised our guidance for 2024… Continue reading @BMW: Statement Walter Mertl, Member of the Board of Management of BMW AG, Finance, Conference Call Quarterly Statement to 30 September 2024003799
@BMW: BMW Group confirms adjusted full year guidance003798
Munich. The BMW Group expects sequentially increasing deliveries in the final quarter of 2024. This follows a third quarter in which technical actions linked to the Integrated Braking System (IBS) presented extraordinary challenges. As stated in the ad hoc announcement on September 10, the technical actions – together with weak demand in China – dampened… Continue reading @BMW: BMW Group confirms adjusted full year guidance003798
JSW MG India expands Hector SUV lineup with new 7-seater variants
JSW MG Motor India expanded its popular MG Hector lineup with the introduction of two new 7-seater variants: the Hector Plus 7-Seater Select Pro and Smart Pro. The additions aim to provide a spacious, versatile, and premium SUV experience for Indian customers. The Select Pro variant is powered by a 1.5L turbocharged petrol engine paired… Continue reading JSW MG India expands Hector SUV lineup with new 7-seater variants
KKR Stone Surfaces LLC Launches Durable, Eco-Friendly Solid Surface Solutions in North America
SHERIDAN, Wyo., Nov. 5, 2024 /PRNewswire/ — KKR Stone Surfaces LLC, the North American branch of Kingkonree International, introduces its customizable, sustainable solid surface products to the U.S. and Canadian markets. Trusted by the healthcare, hospitality, and commercial sectors, KKR combines over 20 years of expertise with a commitment to quality and environmental responsibility. About KKR… Continue reading KKR Stone Surfaces LLC Launches Durable, Eco-Friendly Solid Surface Solutions in North America
Elon Musk’s America PAC Canvassers Faced Surveillance, Sickness, and Late Pay in Arizona
They also recall being told by their manager to drive around the rest of their unit despite having flulike symptoms after the work led to them spending up to 12 hours a day in the desert heat. “One day, I was sick, and I felt like shit,” the former door knocker alleges. “I got into… Continue reading Elon Musk’s America PAC Canvassers Faced Surveillance, Sickness, and Late Pay in Arizona
India recalls Flipkart antitrust probe report after Xiaomi complaintXiaomi argued the antitrust report contained its model-wise sales, which are sensi…
India’s antitrust body has recalled its investigation report into competition law breaches by e-commerce giant Walmart’s Flipkart, a document shows, the second such move after a report on Apple was revoked in August. China’s Xiaomi had complained to the Competition Commission of India (CCI) that the report – which found Flipkart, some of its sellers,… Continue reading India recalls Flipkart antitrust probe report after Xiaomi complaintXiaomi argued the antitrust report contained its model-wise sales, which are sensi…