NEW YORK, Dec. 4, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global automotive transmission systems market size is estimated to grow by USD 53.2 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 6.08% during the forecast period. Growing adoption of automatic transmission… Continue reading Automotive Transmission Systems Market to grow by USD 53.2 Billion (2024-2028), driven by increased adoption of automatic transmissions, with AI shaping trends – Technavio
Tag: GM
GM to write down value of China business by more than $5bn
GM’s headquarters in Shanghai, China in 2022. Photograph: Aly Song/Reuters View image in fullscreen GM’s headquarters in Shanghai, China in 2022. Photograph: Aly Song/Reuters GM to write down value of China business by more than $5bn Automaker is restructuring in China after losing about $350m in the region in the first three quarters of this… Continue reading GM to write down value of China business by more than $5bn
GM and EVgo now have over 2,000 EV charging stalls and counting
/ GM has met its self-imposed end-of-the-year deadline of 2,000 DC fast-charging stalls. By Wes Davis, a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020. Share this story One of the co-branded GM Energy / EVgo fast chargers.Image: General Motors… Continue reading GM and EVgo now have over 2,000 EV charging stalls and counting
GM Writes Down Chinese Joint Venture. It’s a Warning for American Car Makers.
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Tomorrow Cellars Launches Two Delicious Nonalcoholic Wines, Just in Time for the Holidays
Lyft CEO Teams up with Wine Industry Veteran to Bring New Energy to the NA Wine Category NAPA, Calif., Dec. 4, 2024 /PRNewswire/ — Tomorrow Cellars is launching its first non-alcoholic wines just in time for the holidays and Dry January. On a mission to bring new energy to the non-alcoholic wine category and… Continue reading Tomorrow Cellars Launches Two Delicious Nonalcoholic Wines, Just in Time for the Holidays
General Motors writes off more than $5bn from value of China businesses
$75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT… Continue reading General Motors writes off more than $5bn from value of China businesses
Vauxhall: government should help affordable EV buyers, not company car users
Vauxhall has called on the government to do more to help support private buyers of affordable electric cars, even if that requires redistributing some of the money used to support electric company cars. Company cars continue to account for the bulk of all EVs sold in the UK, with buyers boosted by tax benefits and… Continue reading Vauxhall: government should help affordable EV buyers, not company car users
Europe’s embattled auto sector plans plant closures and layoffs
Automotive companies in Europe are closing plants and laying off thousands of workers A slew of automotive companies across Europe have announced plant closures and big layoffs recently as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles. Below are layoffs and site closures announced in recent… Continue reading Europe’s embattled auto sector plans plant closures and layoffs
Honda’s Prologue electric SUV is on a hot streak as US sales cross 25,000 in November
Honda’s electric SUV is already one of the best-selling EVs in the US. After its best sales month so far, Honda has now sold over 25,000 Prologue models in the US. Honda Prologue electric SUV sales top 25,000 in November The all-electric Honda Prologue was already the fifth top-selling EV in the US in Q3,… Continue reading Honda’s Prologue electric SUV is on a hot streak as US sales cross 25,000 in November
G.M. Will Sell Stake in EV Battery Plant to LG
General Motors said on Monday that it was selling its stake in a nearly complete battery factory in Michigan to its partner LG Energy Solution, reducing to three the number of battery plants the carmaker will operate in the United States. G.M. and LG, a South Korean company, already produce batteries jointly at factories in… Continue reading G.M. Will Sell Stake in EV Battery Plant to LG