Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook DETROIT, Aug 4 (Reuters) – General Motors Co’s (GM.N) pickup trucks are hauling in cash through the global semiconductor shortage and a resurgent pandemic, but investors on… Continue reading Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…

First Production-ready Battista Prepared For World Debut At Monterey Car Week

Inside, the first production-spec model to emerge from the Cambiano atelier facility in Italy, features black sustainable luxury leather with striking Iconica Blu contrast stitching and quilted Pilota seats in Iconica Blu Alcantara. The seats feature Pilota Carbon Components finished in black exposed signature carbon coordinating with the striking exterior. Monterey Car Week will also… Continue reading First Production-ready Battista Prepared For World Debut At Monterey Car Week

AAM Reports Second Quarter 2021 Financial Results

  AAM Terms of Use & Privacy Policy Terms of Use ATTENTION: PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS WEBSITE. USING THIS WEBSITE INDICATES THAT YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THESE TERMS (“TERMS”), DO NOT USE THIS SITE. Use of AAM Website American Axle & Manufacturing, Inc. and/or its respective… Continue reading AAM Reports Second Quarter 2021 Financial Results

@Renault: Renault Group: H1 2021 Financial Results000265

PRESS RELEASEJULY 30, 2021 2021 first half results Renault Group is ahead of its « Renaulution » plan Renault Group should achieve its target of €2 billion cash fixed cost reductions one year ahead of schedule: €1.8 billion have already been achieved of which €0.6 billion during this first half compared to 2019. Strong positive net price… Continue reading @Renault: Renault Group: H1 2021 Financial Results000265

Analysis-Tesla hikes electric car prices in U.S.; holds line in China

(Reuters) – Tesla Inc showed signs this week of divergent strategies in the world’s two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there. FILE PHOTO: A Tesla sales and service center is shown in Costa Mesa, California, U.S.… Continue reading Analysis-Tesla hikes electric car prices in U.S.; holds line in China

GM recalls Bolt EVs again because some batteries may pose fire risk

General Motors is recalling tens of thousands of Chevrolet all-electric Bolt hatchbacks for the second time in less than a year because of a potential fire risk.  The company made the move on Friday after two Bolts caught fire without impact recently. GM is confirming that at least one of the Bolt fires was battery-related and happened… Continue reading GM recalls Bolt EVs again because some batteries may pose fire risk

GM issues new recall on Bolts after more battery fires

Detroit — General Motors Co. is again recalling more than 68,000 Chevrolet Bolt EVs from model years 2017 through 2019 for battery defects that have caused fires, the automaker said Friday.  GM and battery partner LG Energy Solution found the root cause of battery fires on the Bolts to be “the simultaneous presence of two rare manufacturing defects in the same… Continue reading GM issues new recall on Bolts after more battery fires

@VW Group: Bugatti Divo – Final Model Delivered to Customer in Europe003531

Bright EB 110 LM Blue contrasted with Dark Blue carbon, together with matte gold metallic wheel rims – the choice of colors used for the Bugatti Divo1 is as unique as the vehicle itself. The last of only 40 units is now leaving the Atelier in Molsheim, meaning another milestone has been reached in the… Continue reading @VW Group: Bugatti Divo – Final Model Delivered to Customer in Europe003531

@GM: GM Announces 2021 Q2 Earnings Conference Call Details July 21, 2021

Terms & Conditions LEGAL NOTICES PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE THIS WEB SITE (THE “SITE”) IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN… Continue reading @GM: GM Announces 2021 Q2 Earnings Conference Call Details July 21, 2021

EV growth propels Denso to close value gap with Honda and Ford

NAGOYA — Is a car worth more than the sum of its parts? This is a question posed by Japanese automotive supplier Denso’s near dead heat in market capitalization with Honda Motor and Ford Motor. Denso’s market cap stood at 5.78 trillion yen ($52.59 billion) as of Thursday, roughly 70% higher than a year earlier. Honda’s… Continue reading EV growth propels Denso to close value gap with Honda and Ford