This summer, General Motors moved its electric van company BrightDrop into Chevy to boost sales and better compete with Ford, Rivian, and others in the electric van space. And now the Chevy-branded version of the van has a new deal in place with Walmart. After piloting 400 BrightDrop vans for customer deliveries, Walmart is now… Continue reading Walmart adds Chevy Brightdrop electric vans to its delivery fleet
Tag: GM
BorgWarner Inc (BWA) Q3 2024 Earnings Call Highlights: Strong Margins and Strategic Wins Amid …
Organic Sales: $3.4 billion, down 5% year-over-year. Market Outperformance: Outgrew market by 270 basis points year-to-date. Operating Margin: 10.1%, up 50 basis points from last year. Earnings Per Share (EPS): $1.09, $0.11 higher than prior year. Free Cash Flow: $201 million in Q3. Share Repurchase: Completed $400 million repurchase for 2024. Full Year Sales Guidance:… Continue reading BorgWarner Inc (BWA) Q3 2024 Earnings Call Highlights: Strong Margins and Strategic Wins Amid …
Q3 2024 Borgwarner Inc Earnings Call
On your telephone keypad.If you would like to remove your, please press the star two.If you’re using a speakerphone, please pickup the handset before asking your question.I would now like to turn the call over to Patrick Nolan, Vice President and President of Investor Relations.Mr. Nolan, you may begin your conference.Badger, Tony, and good morning,… Continue reading Q3 2024 Borgwarner Inc Earnings Call
SAIC Motor, Geely deny breaking ranks in China’s bargaining with Europe on EV tariffs
China’s largest state-owned carmaker and the private sector’s biggest assembler, both at the top of the European Union’s electric vehicle (EV) tariffs list, denied they sought separate deals to avert the import levies. SAIC Motor, the biggest state-owned carmaker and the partner of General Motors and Volkswagen, said it was “deeply involved” in the collective… Continue reading SAIC Motor, Geely deny breaking ranks in China’s bargaining with Europe on EV tariffs
Vauxhall Corsa GS long-term test: long trips highlight supermini’s comforts
All of those were hybrid cars, however, which shows just how slowly the turbocharged 1.2-litre three-cylinder engine sips fuel. Having a manual gearbox certainly helps – 1.9mpg more efficient than the automatic, says Vauxhall – while thanks to a healthy 99bhp and 205Nm of torque (compared with 74bhp in the less efficient, less powerful, non-turbo… Continue reading Vauxhall Corsa GS long-term test: long trips highlight supermini’s comforts
New Vauxhall Mokka gets stylish look and better tech to take on the Ford Puma
The Vauxhall Mokka has been given a subtle mid-life nip and tuck to keep it looking fresh, with rival small SUVs such as the Ford Puma and Renault Captur having already received significant facelifts this year. Admittedly, the new Mokka doesn’t appear all that different from the current model, with styling changes limited to a… Continue reading New Vauxhall Mokka gets stylish look and better tech to take on the Ford Puma
Car Deal of the Day: all-new Vauxhall Grandland for less than £250 per month
All-new mid-size SUV with efficient hybrid tech Well equipped, sporty-looking GS model £240 per month with £2,467 initial payment The second-generation Vauxhall Grandland is so new that we only drove it for the first time a couple of weeks ago, but our sister site Carwow is already offering the hybrid version of the practical mid-size… Continue reading Car Deal of the Day: all-new Vauxhall Grandland for less than £250 per month
German FAZ: Thousands at IG Metall rally in Mainz008060
IG Metall district manager Jörg Köhlinger has accused employers of a “lust for ruin” with regard to the ongoing collective bargaining. In previous discussions they had “acted as if the only reason for the misery was pay policy,” said the negotiator for IG Metall in Hesse, Rhineland-Palatinate and Saarland on Thursday at a protest rally… Continue reading German FAZ: Thousands at IG Metall rally in Mainz008060
German FAZ: Thousands at IG Metall rally in Mainz008061
IG Metall district manager Jörg Köhlinger has accused employers of a “lust for ruin” with regard to the ongoing collective bargaining. In previous discussions they had “acted as if the only reason for the misery was pay policy,” said the negotiator for IG Metall in Hesse, Rhineland-Palatinate and Saarland on Thursday at a protest rally… Continue reading German FAZ: Thousands at IG Metall rally in Mainz008061
German Manager Magazine: Siemens buys Altair: Why Roland Busch’s billion-dollar bet could work003695
Detroit, home of Ford, General Motors and Chrysler, became a symbol of industrial decline decades ago. Tens of thousands worked there for the Big Three of the US auto industry until the 1980s, before one factory after another closed. What remained were deserted suburbs and lots of frustrated workers. Here, of all places, in the… Continue reading German Manager Magazine: Siemens buys Altair: Why Roland Busch’s billion-dollar bet could work003695