BMW expects higher margin and deliveries in 2023 amid electric rollout

Spencer Platt | Getty Visuals News | Getty Illustrations or photos German automaker BMW on Wednesday set out targets to somewhat increase margins for its automotive section and increase deliveries…

General Motors expects to boost EV production in second half

Production is now set to get started at the former Detroit-Hamtramck assembly plant, a lot less than two many years immediately after GM introduced the large $2.2 billion investment to…

Tesla says its 4Q profit rose 59%, expects strong margins

DETROIT — Tesla on Wednesday posted document net income in the fourth quarter of last 12 months, and the company predicted that supplemental application-connected revenue will hold its margins bigger…

Jeep-maker Stellantis expects raw material inflation to ease next year

Engines go through a closing inspection at the Stellantis Dundee Engine Advanced on August 18, 2022 in Dundee, Michigan. Invoice Pugliano | Getty Illustrations or photos Automaker Stellantis expects inflation…

Tesla expects to meet Inflation Reduction Act requirements for tax credits

A Tesla electrical motor vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Pictures Tesla CEO Elon Musk explained throughout…

GM expects Q2 net income of between $1.6 billion and $1.9 billion

Mary Barra, Chair and CEO of the Typical Motors Firm (GM), speaks through the Milken Institute World-wide Convention in Beverly Hills, California, on May perhaps 2, 2022. Patrick T. Fallon…

Ford CEO expects industry consolidation as electric-vehicle transition fuels costs

Ford CEO Jim Farley poses up coming to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electrical Car or truck Middle in Dearborn,…

Carlos Ghosn says he expects fair trial in France following arrest warrant

Carlos Ghosn, former Nissan chief government officer, is in an ongoing lawful fight amid allegations of economic misconduct. Bloomberg | Getty Images Carlos Ghosn has said he would obtain a…

GM expects record year of Chevy Bolt EV sales following fire recall

2022 BOLT EUV Resource: Chevrolet DETROIT – Typical Motors expects income of its electric powered Chevrolet Bolt styles can rebound from a substantial-profile remember after many autos caught fire to…

Audi expects war in Ukraine to cause ‘tremendous interference’

DETROIT – Audi expects the war in Ukraine to result in “tremendous interference” to the world wide provide chain, an executive with the German luxurious brand stated Thursday. The reviews…