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Discover how General Motors (GM) aims to make its electric vehicles (EVs) profitable by the second half of 2024. Learn about the factors contributing to profitability and GM’s strategies to thrive in the competitive EV market.
Discover the exciting showcase of cutting-edge automotive technology at the 2024 Geneva Auto Show with BYD and MG Motor. Don’t miss the top-selling Chinese brands as they highlight their impressive EV lineups and share their ambitious plans for the European market. Experience the future of electric mobility and be captivated by their sustainability-focused displays.
Experience Nissan may be able to overcome these challenges and continue its EV comeback in the US market.
AMS Osram refocuses on automotive lighting as part of turnaround plan. CEO envisions LED technology as key driver of increased revenue. Shedding nonessential businesses and reducing debt levels. Comprehensive turnaround plan centers around divesting noncore semiconductor businesses. Also serves medical, industrial, and consumer electronics industries.
Discover the implications of Ford’s new labor contract with the UAW, including a staggering $8.8 billion cost increase. Explore the negotiation process, terms and conditions, financial forecast, and industry-wide implications in this informative article.
Elon Musk delivers the first batch of Cybertruck pickups in Austin, Texas. With impressive towing capacity and acceleration, the Cybertruck revolutionizes the electric pickup market. Learn more here!
Hyundai and Kia achieve record-breaking sales in November, with Hyundai witnessing an 11% surge and Kia experiencing a 3% increase in sales. This marks their 16th consecutive month of sales gains, driven by the popularity of electrified models and crossovers. Hyundai reports a 45% increase in sales of electrified vehicles, while Kia’s retail deliveries rose to 54,547. Improved inventory levels and consistent sales growth demonstrate Hyundai and Kia’s commitment to excellence.
Gain valuable insights on advancing representation in the automotive industry from the 2023 Leading Women Conference. Explore innovation, mentorship, and the power of a diverse workforce in this comprehensive post.
Musk believes union at Tesla means company fell short. Elon Musk argues a union would bring negativity and hierarchy, contrasting with Tesla’s equality philosophy. He believes unionization indicates failure to meet employee needs. Musk aims to maintain a positive and collaborative work environment at Tesla.