Advertisements


Incentive spending cuts likely for Detroit 3 amid strike

The UAW strike will prompt Ford, General Motors and Stellantis to pare back incentive deals for car shoppers, according to J.D. Power and Edmunds analysts. However, incentives are already low industrywide......»»

Category: topSource:  autonewsOct 3rd, 2023

Nissan cuts profit and sales outlook on sliding volume, overly optimistic plans

Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Struggling Nissan cuts profit and sales outlook on sliding volume, over-optimistic plans

Nissan issues a profit warning, cutting profit and sales forecasts, as volume misses expectations and the automaker compensates suppliers for its over-optimistic plans.....»»

Category: topSource:  autonewsRelated NewsApr 19th, 2024

Will the Kia EV3 be affordably priced?

Subcompact electric crossover could be priced around $32,000, which would drop to $24,500 with the $7,500 federal incentive......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

7 best director’s cuts, ranked

From a butchered crime epic to a restored sci-fi masterpiece, these movies got even better once we saw what their directors wanted us to see......»»

Category: topSource:  digitaltrendsRelated NewsApr 18th, 2024

Mexico, facing U.S. pressure, will halt incentives to Chinese EV makers

Mexico's federal government, under pressure from the U.S., is keeping Chinese automakers at arm's length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with t.....»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Bosch flags further cost cuts after giving "subdued" outlook for 2024

Bosch said cuts were necessary to make sure it remains competitive in an environment where most of its big peers, including Continental and ZF, have all announced job cuts......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Rivian cuts more jobs with woes mounting for electric vehicle market

Rivian Automotive Inc. will cut an another 1 percent of its workforce, the second round of layoffs this year as the electric vehicle industry grapples with flagging consumer demand......»»

Category: topSource:  autonewsRelated NewsApr 18th, 2024

Level 3 automated driving brings potential benefits, safety concerns

With Level 3 automated technology reaching public roads, auto and safety experts weighed the benefits and ‘persistent challenges' of such systems Tuesday at the SAE WCX conference in Detroit......»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

What GM’s headquarters move to Hudson’s Detroit could cost

A local real estate expert said: 'One big caveat: Depending on how much space they are taking, they may be getting a deal of all deals.'.....»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Tesla"s global job cuts include leading markets U.S., China

Tesla cuts jobs in U.S. and China amid falling sales. The layoffs affect sales and service positions. .....»»

Category: topSource:  autonewsRelated NewsApr 17th, 2024

Lawsuit asks Wisconsin Supreme Court to strike down governor"s 400-year veto

Lawsuit asks Wisconsin Supreme Court to strike down governor"s 400-year veto.....»»

Category: topSource:  pcmagRelated NewsApr 16th, 2024

Stellantis’ $39 million pay for CEO Carlos Tavares draws investor ire amid job cuts

At Tuesday’s annual general meeting, advisory firms Glass Lewis and Proxinvest are urging investors to vote against approving the €36.5 million ($39 million) total compensation package, up almost 60 percent from 2022 levels......»»

Category: topSource:  autonewsRelated NewsApr 16th, 2024

Morgan Stanley fires back at iPhone doomsday research

One investment firm isn't so sold on tales of disastrous iPhone order cuts, and instead, is bullish on what they see as better than expected order volume across Apple's supply chain.iPhone 15 Pro Max — Apple's current sales leaderIn what has become.....»»

Category: appleSource:  appleinsiderRelated NewsApr 16th, 2024

GM plans headquarters move from RenCen to new skyscraper in downtown Detroit

For GM, the deal makes the automaker a long-term fixture in the revival of Detroit’s downtown, which billionaire Dan Gilbert has been spearheading by acquiring and developing 45 major office, retail and hospitality properties......»»

Category: topSource:  autonewsRelated NewsApr 15th, 2024

Key facts about GM"s Renaissance Center headquarters

General Motors is expected to announce that it plans to move its world headquarters in Detroit's tallest building — the Renaissance Center — to the new Hudson's skyscraper less than a mile way in downtown Detroit. Here's the history......»»

Category: topSource:  autonewsRelated NewsApr 15th, 2024

GM"s 2025 headquarters move in Detroit reflects post-pandemic office space needs

GM has long been reported to be seeking a new location for its headquarters, which has been in Detroit's Renaissance Center since 1996......»»

Category: topSource:  autonewsRelated NewsApr 15th, 2024

Frostpunk 2’s beta offers a gripping slice of stressful city-building

After spending some time with Frostpunk 2's beta, we're already gripped by the stressful city-builder......»»

Category: topSource:  digitaltrendsRelated NewsApr 15th, 2024

GM plans to move HQ from RenCen to new skyscraper in downtown Detroit

For GM, the deal makes the automaker a long-term fixture in the revival of Detroit’s downtown, which billionaire Dan Gilbert has been spearheading by acquiring and developing 45 major office, retail and hospitality properties......»»

Category: topSource:  autonewsRelated NewsApr 15th, 2024

Tesla cuts Full Self-Driving subscription prices by half in U.S., Canada

The subscriptions will be priced at $99 per month in the U.S. and C$99 ($71.88) in Canada, the EV maker said on X......»»

Category: topSource:  autonewsRelated NewsApr 13th, 2024

Top 5 stories of the week: Stellantis job cuts; top 150 dealership groups

A quick look at the top automotive stories of the week......»»

Category: topSource:  autonewsRelated NewsApr 12th, 2024