Tag: GM

GM stock has best day since 2020 after automaker tops Wall Street’s third-quarter expectations, raises guidance

watch now DETROIT — Shares of General Motors saw their largest daily increase since March 2020 on Tuesday after the company topped Wall Street’s third-quarter earnings expectations, increased 2024 guidance and reconfirmed plans for shareholder returns and resilient earnings next year. Shares of the Detroit automaker closed Tuesday at $53.73, up 9.8% — marking the… Continue reading GM stock has best day since 2020 after automaker tops Wall Street’s third-quarter expectations, raises guidance

German FAZ: In many countries the electric car is not making progress008004

According to the Reuters news agency, in China in July, for the first time, more than half of new registrations – exactly 50.7 percent – had a battery-electric drive or a plug-in drive. Higher purchase premiums and a relaxation of the strict registration restrictions in large cities would have contributed to this. Europe is a… Continue reading German FAZ: In many countries the electric car is not making progress008004

German Manager Magazine: General Motors: Shares take off, Mary Barra is increasingly steering GM out of the car doldrums003672

The US car manufacturer General Motors escapes the industry slump and earns more than expected. According to information from Tuesday, sales in the third quarter increased to $48.8 billion, a good 10 percent more than a year ago and significantly more than analysts surveyed by Refinitiv had expected. He earned per share fordArch-rival at $2.96,… Continue reading German Manager Magazine: General Motors: Shares take off, Mary Barra is increasingly steering GM out of the car doldrums003672

HONOR Magic7-Serie führt Autopilot-KI für Mobiltelefone ein

HONOR definiert AI-First Ecosystem durch Zusammenarbeit mit Qualcomm beim Snapdragon Summit 2024 MAUI COUNTY, Hawaii, 22. Oktober 2024 /PRNewswire/ – Die globale Technologiemarke HONOR gab heute bekannt, dass ihre kommende Magic7-Serie von der revolutionären Snapdragon® 8 Elite Mobile Platform von Qualcomm Technologies, Inc. angetrieben werden wird. Auf dem Snapdragon Summit 2024 enthüllte HONOR seine Pläne zur… Continue reading HONOR Magic7-Serie führt Autopilot-KI für Mobiltelefone ein

Cruise lost $435 million this quarter, even with its robotaxis on hiatus

/ GM needs to prove driverless cars can be safe, but also profitable By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story Photo by Tayfun Coskun/Anadolu via Getty Images… Continue reading Cruise lost $435 million this quarter, even with its robotaxis on hiatus

German Manager Magazine: VW, Audi, Porsche, BMW, Tesla, Mercedes, Opel: European car market continued its downward slide in September003669

The car market in the EU also lost momentum in September. Last month, new car registrations fell by 6.1 percent year-on-year to 809,163 cars, as the European manufacturers’ association Acea announced in Brussels on Tuesday. Among the major markets experienced France and Italy double-digit percentage declines, in Germany the minus was 7 percent. Over the… Continue reading German Manager Magazine: VW, Audi, Porsche, BMW, Tesla, Mercedes, Opel: European car market continued its downward slide in September003669

@Groupe PSA: OP Bayern’s strength is “Snacky’s” weakness 000696

Well, that was another game day that our betting community liked. Okay, the fact that Bremen won 4-2 in Wolfsburg was something we had to figure out first. Almost all of our experts were aware of the fact that the resurgent Bayern would not let themselves be stopped by vice-champion Stuttgart. Mind you: almost all… Continue reading @Groupe PSA: OP Bayern’s strength is “Snacky’s” weakness 000696

The IPO will help us become a truly local champion in India: Hyundai’s Jaehoon Chang 

India’s second largest car maker Hyundai Motor India’s (HMI) debut on the National Stock Exchange marks an important milestone for the South Korean manufacturer as it primes for its next phase of growth in the Indian market, Jaehoon Chang, President & CEO, Hyundai Motor Corporation (HMC) said during the listing ceremony on Tuesday.  “For 28 years,… Continue reading The IPO will help us become a truly local champion in India: Hyundai’s Jaehoon Chang 

HONOR Magic7 Series to Introduce Autopilot AI for Mobile

HONOR Defines AI-First Ecosystem by collaborating with Qualcomm at Snapdragon Summit 2024 MAUI COUNTY, Hawaii, Oct. 22, 2024 /PRNewswire/ — Global technology brand HONOR today announced that its upcoming Magic7 Series will be powered by the revolutionary Snapdragon® 8 Elite Mobile Platform from Qualcomm Technologies, Inc. At Snapdragon Summit 2024, HONOR revealed its plans to develop… Continue reading HONOR Magic7 Series to Introduce Autopilot AI for Mobile