The all-electric powered Porsche Taycan Turbo. Source: Porsche AG Luxury automaker Porsche AG issued an ambitious extensive-expression outlook of much more than 20% of return on income, right after submitting…
Tag: automaker
UAW leadership upheaval peaks ahead of automaker negotiations
United Automobile Employees associates on strike picket outside Common Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – As the United Car Personnel…
GM, Jeep and Kia among only automaker advertisers
Normal Motors and Netflix partnered for a 60-2nd advertisement starring actor and comic Will Ferrell driving GM electric motor vehicles in well known Netflix reveals and movies to promote the…
Ford’s EV price cuts could pressure profitability, a headwind the automaker needs to address
Ford Motor (F) confirmed Monday what Jim Cramer has been speculating for months: Selling price cuts on its electric autos following identical moves by Tesla (TSLA). When engaging in this…
Elon Musk says a Chinese automaker will likely be second to Tesla
Tesla CEO Elon Musk speaks at a shipping ceremony for Tesla China-manufactured Product 3 in Shanghai, east China, Jan. 7, 2020. Ding Ting | Xinhua News Agency | Getty Visuals…
GM, LG end plans for fourth U.S. battery cell plant; automaker seeks new partner
GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., exactly where the companies announced a new…
Ferrari (RACE) Q3 2022 earnings beat estimates, automaker raises guidance
Ferrari CEO Benedetto Vigna poses for a photograph as Ferrari unveils a new lengthy term system, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari on Wednesday…
Why Toyota – the world’s largest automaker – isn’t all-in on EVs
About two decades in the past, Toyota Motor turned the desired carmaker of U.S. environmentalists and eco-mindful shoppers with its Prius hybrid, an “electrified” automobile that was amid the cleanest…
GM is betting its Ultium batteries will lead the automaker to EV dominance
Basic Motors after led the world in automobile income, and still, with some exceptions, sales opportunities the U.S. Now the automaker hopes to come to be a leader in electric…
Ford CEO says automaker plans to challenge Tesla as global EV leader
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it is setting up the electrical F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DEARBORN, Mich. —…