Following the Great Auto Bailout, the U.S. Treasury sold GM stock with a $10.5-billion loss for taxpayers. This didn’t rub off well at all with the hard-working men and women of the United States, and neither does the $1 billion investment into the Ramos Arizpe assembly plant in Mexico. 7 photos The facility will be… Continue reading World NM: UAW Blasts General Motors Over $1 Billion Investment in Mexican Factory001173
Tag: Financial Results
1 in 5 electric vehicle owners in California switched back to gas because charging their cars is a hassle, new research shows (F, TSLA, GM)
Roughly 20% of electric vehicle owners in California replaced their cars with gas ones, a new study shows. The main reason drivers made the switch was the inconvenience of charging. The findings suggest new challenges facing the growth of the nascent electric vehicle market. See more stories on Insider’s business page. In roughly three minutes,… Continue reading 1 in 5 electric vehicle owners in California switched back to gas because charging their cars is a hassle, new research shows (F, TSLA, GM)
Goodyear Reports First Quarter 2021 Results
First quarter Goodyear net income of $12 million; adjusted net income of $102 million First quarter segment operating income of $226 million, strongest first quarter since 2018 Global consumer replacement volume significantly exceeded industry, driven by large-rim diameter segment — Record first quarter consumer replacement volume in Asia Pacific Americas, EMEA consumer OE volumes outpaced… Continue reading Goodyear Reports First Quarter 2021 Results
Karooooo Ltd. to Announce First Quarter 2021 Financial Results on May 06, 2021
Karooooo Ltd. Cartrack SINGAPORE, April 30, 2021 /PRNewswire/ — Karooooo Ltd. (NASDAQ: KARO), owner of Cartrack Holdings, a provider of a leading global mobility SaaS platform that maximizes the value of automotive and workflow data by providing real-time data analytics solutions for smart transportation, announced today that it will report financial results for the first quarter… Continue reading Karooooo Ltd. to Announce First Quarter 2021 Financial Results on May 06, 2021
@Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000214
PRESS RELEASE #RenaultResults First quarter revenues supported by price discipline in a still disturbed environment due to the pandemic Group revenues reached €10 billion (-1.1%) in the first quarter of 2021. At constant exchange rates1, revenues would have been up 4.4%. Automotive excluding AVTOVAZ revenues were stable at €8.6 billion. The highlight of the quarter… Continue reading @Renault: GROUPE RENAULT: QUARTERLY INFORMATION AT MARCH 31, 2021000214
@niche: Nikola Corporation Announces Time Change for First Quarter 2021 Results and Webcast: Webcast to Occur on Friday, May 7 at 9:30 a.m. ET000831
PHOENIX — April 29, 2021 — Nikola Corporation (NASDAQ: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its first quarter ended March 31, 2021 financial results on Friday, May 7, 2021. On that day, Nikola’s management will hold a conference call and webcast at 9:30 a.m. ET (6:30… Continue reading @niche: Nikola Corporation Announces Time Change for First Quarter 2021 Results and Webcast: Webcast to Occur on Friday, May 7 at 9:30 a.m. ET000831
Lyft: Lyft To Announce Fourth Quarter 2020 Financial Results
SAN FRANCISCO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”), today announced that it will release financial results for its fourth fiscal quarter ended December 31, 2020 after the close of the market on Tuesday, February 9, 2021. On the same day, Lyft will host a conference call at… Continue reading Lyft: Lyft To Announce Fourth Quarter 2020 Financial Results
Vietnam’s answer to Tesla has U.S. in its electric sights
By James Pearson, Phuong Nguyen 8 Min Read HAIPHONG, Vietnam (Reuters) – Move over Tesla, how about a VinFast? A labourer works in VinFast’s factory in Hai Phong City, Vietnam, April 22, 2021. Picture taken April 22, 2021. REUTERS/Thanh Hue That’s the proposition being offered by the automobile arm of Vietnam’s largest conglomerate, Vingroup. It’s… Continue reading Vietnam’s answer to Tesla has U.S. in its electric sights
Michelin: Publication of the preparatory documentation for the Annual shareholders meeting of Michelin of May 21, 2021
Clermont-Ferrand, April 16, 2021 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Publication of the preparatory documentation for theAnnual shareholders meeting of Michelin of May 21, 2021 The shareholders of Compagnie Générale des Établissements Michelin are hereby informed that the Annual Shareholders Meeting will exceptionally be held behind closed doors and without shareholders in physical attendance, at 9:00 am… Continue reading Michelin: Publication of the preparatory documentation for the Annual shareholders meeting of Michelin of May 21, 2021
Dana Prices $400 Million Senior Notes Offering
MAUMEE, Ohio, April 29, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it has priced its offering of $400 million aggregate principal amount of 4.250% Senior Notes due 2030. The company intends to allocate the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future… Continue reading Dana Prices $400 Million Senior Notes Offering