GM boosts profit outlook as supply chain troubles ease

Company is benefiting from strong consumer demand, high prices for new vehicles and more stability in supplies of semiconductors.

2021-12-02 08:54阅读量:218


GM planning JV to process cathodes for EV batteries in North America by 2024

Posco Chemical has signed a nonbinding term sheet to create the joint venture

2021-12-02 08:52阅读量:247


VW expects battery, raw material costs to rise to up to $34B

Automaker will seek outside partners to fund expansion

2021-12-02 08:31阅读量:212


Stellantis confirms 2021 margin target despite Q3 drop in sales

Automaker lost 30% of planned production due to chips supply crisis

2021-10-29 09:35阅读量:335


Toyota's global output plunges in Sept. on supply-chain issues

The automaker produced 512,765 vehicles last month, down from 841,915 a year earlier

2021-10-29 09:30阅读量:294


GM net income drops 40% in Q3 from chip shortage

CEO Mary Barra says GM is still on track to meet its annual profit goal.

2021-10-28 09:15阅读量:289


Ford Q3 profit falls 24% to $1.8B

Revenue slips 4.8 percent to $35.7 billion; quarterly cash dividend to be restored.

2021-10-28 08:55阅读量:299


Stellantis unit nears plea deal in U.S. emissions fraud probe, report says

Plea deal could include financial penalties totaling between $250 million and $300 million, sources said.

2021-10-27 08:22阅读量:352


Tesla pulls its new Full Self-Driving beta due to software issues

Setback comes as automaker is under regulatory scrutiny over its semi-autonomous driving technology

2021-10-26 09:29阅读量:286


GM, Ford Q3 earnings likely to reflect chip shortage's impact

Investors will listen carefully to what GM's Mary Barra and Ford's Jim Farley say about how long they can protect profits from supply-chain storms.

2021-10-26 09:21阅读量:298


Rivian expects Q3 net loss of about $1.2 billion on higher production costs for debut EV

The losses are increasing from a year ago due to 'significant labor and overhead costs' for its plant in Normal, Ill.

2021-10-25 08:59阅读量:331


GM finishing, shipping more pickups that had lacked chips

Steve Carlisle, GM's North American chief executive: 'We've made great progress'

2021-10-25 08:48阅读量:287


Stellantis will turn Turin factory into hub for EVs, Maserati cars

Mirafiori plant will be center for electrification

2021-10-12 09:06阅读量:382


ZF Marysville says it will recognize employees' union choice

Some of the plant's roughly 340-person work force went on strike last month. A ZF spokesman said only a "small fraction" were involved.

2021-10-12 08:47阅读量:315


Aptiv cuts annual sales forecast on chip shortage

The supplier now expects 2021 net sales in the range of $15.1 to $15.5 billion, down from its previous target of $16.1 to $16.4 billion.

2021-10-12 08:42阅读量:306