GM is eyeing double-digit market share in the US EV market after sales surged 60% in Q3 compared to last year. With new models like the Chevy Blazer, Equinox, and Silverado EVs rolling out nationwide, GM looks to top rival Ford by the end of 2024. With GM’s “EV for everyone” strategy finally unfolding, electric… Continue reading GM nears double-digit EV market share in the US after Q3 sales surged
Tag: Daimler
Stellantis: sales at half mast, stock market plunging… how the car manufacturer is facing headwinds
The Franco-Italian car manufacturer is facing some difficulties at the start of autumn. The car sales market is sluggish both at European and global level. With what long-term consequences for factories in France? . The essentials of the day: our exclusive selection Every day, our editorial team reserves the best regional news for you. A… Continue reading Stellantis: sales at half mast, stock market plunging… how the car manufacturer is facing headwinds
PM E-Drive scheme to boost electric truck market, says DICV’s Satyakam Arya
Daimler India Commercial Vehicles (DICV) has lauded the government’s PM E-Drive scheme as a significant step forward in India’s transition to carbon-neutral mobility. Satyakam Arya, Managing Director & CEO of DICV, highlighted the scheme’s potential to accelerate the adoption of electric vehicles, aligning perfectly with the company’s sustainability goals. The PM E-Drive scheme, which links… Continue reading PM E-Drive scheme to boost electric truck market, says DICV’s Satyakam Arya
German Handelsblatt: Car manufacturer: Mercedes taxi business collapses – sales fall by 71 percent009795
Every second taxi used to be a Mercedes. However, as part of its luxury strategy, the group discontinued its special models for the commercial sector. Exclusive figures now show the enormous consequences. Go to Source
German Handelsblatt: Car manufacturer: Mercedes taxi business collapses – sales fall by 71 percent009794
Every second taxi used to be a Mercedes. However, as part of its luxury strategy, the group discontinued its special models for the commercial sector. Exclusive figures now show the enormous consequences. Go to Source
Mercedes-AMG readies game-changing supercar to replace SLS EV
Like that car, the new supercar will use an 800V electric architecture and a new cylindrical-cell lithium-ion battery featuring silicon-anode developments from US battery specialist Sila. Power will come from high-revving axial flux electric motors. To be used first in the electric GT 4-Door, they were originally developed by Yasa, before the British-based company was… Continue reading Mercedes-AMG readies game-changing supercar to replace SLS EV
Group 1 Automotive Appoints Mark Raban as CEO of U.K. Operations
HOUSTON and LONDON, Oct. 1, 2024 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI) (“Group 1” or the “Company”), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., announced the appointment of Mark Raban as Chief Executive Officer (“CEO”) of Group 1 Automotive U.K. Raban brings more than 20 years of… Continue reading Group 1 Automotive Appoints Mark Raban as CEO of U.K. Operations
Clean Technica: Top Automakers in US for Share of Their Sales Being Electric — Charts003630
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! After three other US auto market reports for the 2nd quarter of 2024, I’m on to the last one, and it’s my favorite one. This one looks at the share of different auto brands’ and auto groups’ sales that… Continue reading Clean Technica: Top Automakers in US for Share of Their Sales Being Electric — Charts003630
European auto stocks erase USD 10 billion after Stellantis warning: Report
European auto stocks fell nearly 4% on Monday, as a warning from Volkswagen, Aston Martin and Stellantis stoked concerns around the sector’s earnings outlook. This comes against the backdrop of a year marked by Chinese competition, and a slowdown in demand, Reuters reported. The rout erased roughly USD 10 billion from the market value of… Continue reading European auto stocks erase USD 10 billion after Stellantis warning: Report
German FAZ: Equal pay lawsuit against Daimler Truck007796
Doesn’t the principle “equal pay for equal work” also apply to a large corporation like Daimler Truck? A high-ranking manager of the commercial vehicle manufacturer is fighting on Tuesday before the Baden-Württemberg State Labor Court (LAG) for the same pay as her male colleagues (ref. 2 Sa 14/24). The plaintiff has been employed by the… Continue reading German FAZ: Equal pay lawsuit against Daimler Truck007796