GM and Stellantis released first-quarter financial results on Wednesday, touting sales of their profitable trucks and SUVs, despite production disruptions that could continue into 2022. GM posted better-than-expected first-quarter earnings ╰┈➤
Tag: report
China prepared to revise technology plan, report says
WASHINGTON – China plans to give foreign companies more access to its economy and is preparing a replacement for its plan to dominate advanced technologies by 2025. The Wall Street ╰┈➤
Bosch rejected stock listing to raise money for industry shift to EVs, report says
Robert Bosch, the world's largest car supplier, discussed the benefits of a possible IPO with investment bankers as part of a broader funding assessment, but chose to remain unlisted, said ╰┈➤
Nissan to be charged alongside Ghosn in unfolding scandal, report says
News that Nissan can be sued next to Ghos adds a new wrinkle to the unfolding scandal. Photo credit: Reuters TOKYO – Prosecutors are expected to be Nissan Motor Co. ╰┈➤
Ford CEO discounts job-cut report, promises more news this week
Hackett: Ford did not give figures to Morgan Stanley analyst Adam Jonas. DETROIT – CEO of Ford Motor Co. trivialized a report that the automaker could reduce 25,000 jobs and ╰┈➤
Ghosn denies financial misconduct allegations, report says
Nissan wants to appoint a successor to Ghosn as chairman within two months, according to a source. TOKYO – Former Nissan president Carlos Ghosn has refused allegations of financial misconduct, ╰┈➤
Greg Kelly defends Ghosn’s compensation, report says
Lawyer Greg Kelly, 62, joined Nissan North America in 1988. Photo: NISSAN TOKYO – Nissan Executive Greg Kelly, who was arrested along with ex-president Carlos Ghosn, defended Ghosn's compensation, saying ╰┈➤
Japan prosecutors could broaden criminal investigation against Ghosn, report says
Ghosn could be further investigated. TOKYO – Japanese prosecutors are likely to build a new criminal case against former Nissan president Carlos Ghosn because he underestimated his reward for 3 ╰┈➤
VW, BMW, Daimler bosses willing to attend White House meeting, report says
Trump has refrained from imposing car tariffs, while the US and the EU are starting negotiations to remove other trade barriers. BERLIN – The heads of Volkswagen Group, BMW and ╰┈➤
Michigan auto supplier Dayco could sell for $1 billion, report says
NEW YORK – Dayco Products LLC, a manufacturer of engine parts for vehicles and industrial equipment, has received offers from bidders including Apollo Global Management LLC and Gores Group, people ╰┈➤
- 1
- 2