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GM sees US$ 9.3 billion hit from labor deals, outlines US$ 10 billion stock buyback: Report

GM sees US$ 9.3 billion hit from labor deals, outlines US$ 10 billion stock buyback: Report

autherAutocar Pro News Desk     calendar29 Nov 2023

The company has struggled to boost its stock price as it dealt this year with the UAW strike, problems at its Cruise self-driving vehicle unit and with the rollout of its new electric vehicles, the newswire stated.

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Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report News
Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report

autherAutocar Pro News Desk calendar28 Nov 2023

The stake sale comes in the background of the Japanese major ramping up production of electric vehicles.

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World needs more policy ambition, private funds, and innovation to meet climate goals: IMF Opinion Blogs
World needs more policy ambition, private funds, and innovation to meet climate goals: IMF

By IMF calendar28 Nov 2023

International cooperation is more important than ever because no country can address climate change by itself.

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Nvidia Secures top spot as most profitable semiconductor firm in Q3: PTI News
Nvidia Secures top spot as most profitable semiconductor firm in Q3: PTI

autherAutocar Pro News Desk calendar27 Nov 2023

The surge in profit is attributed to the dominance of AI chips for data centers in Nvidia's portfolio.

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Solis Tractors unveils new tractor series, electric mowers at Agritechnica 2023 News
Solis Tractors unveils new tractor series, electric mowers at Agritechnica 2023

autherAutocar Pro News Desk calendar25 Nov 2023

This diverse range showcased at Agritechnica 2023 reflects the company's commitment to meeting the specific needs of f...

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Ducati presents its 2024 apparel collection News
Ducati presents its 2024 apparel collection

By Autocar Pro News Desk calendar24 Nov 2023

The main new product for the Racing line is the Ducati Corse K3 suit in kangaroo leather, designed by Drudi Performanc...

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New Porsche Panamera unveiled, India bookings open News
New Porsche Panamera unveiled, India bookings open

By Shapur Kotwal, Autocar India calendar24 Nov 2023

Launch for the third-gen Panamera can be expected in Q1 of 2024.

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Nissan to invest Euro 2 billion in UK for Qashqai, Juke electric version, battery capacity News
Nissan to invest Euro 2 billion in UK for Qashqai, Juke electric version, battery capacity

autherAutocar Pro News Desk calendar24 Nov 2023

The company noted that specifications and launch dates of the new electric vehicles will be announced at a later time....

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AkzoNobel partners for carbon footprint reduction initiative in vehicle repair News
AkzoNobel partners for carbon footprint reduction initiative in vehicle repair

autherAutocar Pro News Desk calendar23 Nov 2023

The company is optimistic about collaboration as a key solution for reducing carbon footprint.

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Vitesco Technologies begins electric axle drive manufacturing in South Korea News
Vitesco Technologies begins electric axle drive manufacturing in South Korea

autherAutocar Pro News Desk calendar16 Nov 2023

The site will deliver EMR4 units to Hyundai Motor Group from 2024 onwards for integration into the global B/C electric...

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POLL OF THE MONTH

Will Tesla's imminent arrival in India change the game for EV makers?

Will Tesla's imminent arrival in India change the game for EV makers?

Yes

 

53.47%

No

 

46.53%

Total Votes : 101