The move comes as GM adjusts its financial strategy following the recent auto workers’ strike and decreased profit expectations.
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INDUSTRY NEWSLatest News
Colonial rule’s greenhouse impact; UK’s emissions double
by Biplab Dasby Biplab DasWith this revision, the UK climbs to the fourth position globally in terms of historical responsibility for climate change.
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Gogoro Inc. achieves milestone recognition at SIDBI’s MSME & Start-up Consultation Meeting
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The combined company will be named Schaeffler AG and offer a complete range of products, particularly in the area of electrification.
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Following the pre-launch image leaks, Dacia has revealed the third-gen Duster in the global market. The third-gen Duster sits on a new CMF-B platform and …
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The share sell will be Japan’s second biggest this year and the largest in the global auto industry in more than a decade, according to …
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KTM has taken the wraps off its latest super sport naked motorcycle — the 1390 Super Duke R and Super Duke R EVO. If you …
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INDUSTRY NEWSLatest News
Huawei’s automotive unit set for USD 34.67 bn valuation
by Biplab Dasby Biplab DasHuawei has unveiled plans to spin off its four-year-old Intelligent Automotive Solution (IAS) business unit into a new company, focusing on smart car software and …
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INDUSTRY NEWSLatest News
Carmakers’ SUV surge undermines electric transition: Greenpeace
by Biplab Dasby Biplab DasGreenpeace’s analysis reveals that the sales of SUVs by the world’s top three automakers have risen by more than 150% in the past decade.
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INDUSTRY NEWSLatest News
Toyota Mobility Foundation launches on-demand transit service in Evansville
Toyota Mobility Foundation introduces METS Micro, an on-demand transit service in Evansville, to enhance transportation access through shared rides in specific zones.