EV competition

GM-Records-$5-Billion-in-Charges-Amid-Struggles-in-China

Investing·Politics

4 months ago

GM Records $5 Billion in Charges Amid Struggles in China

General Motors (GM) announced on Wednesday that it will record two significant non-cash charges totaling over $5 billion due to its joint venture operations in China. The charges are linked to restructuring

tesla-sales-plunge-43%-in-europe-amid-ev-boom

Investing

2 weeks ago

Tesla Sales Plunge 43% in Europe Amid EV Boom

Surging competition and Musk’s politics weigh on EU demand Tesla’s European woes deepened in February, as vehicle registrations across the EU, UK, and EFTA dropped 40.1% year-over-year, according to new data from

Tesla-Reports-First-Annual-Drop-in-Deliveries-Amid-Competition-and-Challenges

Investing

3 months ago

Tesla Reports First Annual Drop in Deliveries Amid Competition and Challenges

Tesla released its fourth-quarter and annual vehicle production and delivery figures for 2024 on Thursday, revealing the company’s first year-over-year decline in deliveries. While Tesla remains a dominant force in the electric

Honda and Nissan Explore Merger to Compete Globally

Honda and Nissan have announced plans to hold formal talks over the next six months to explore a possible merger, a move that could create the world’s third-largest automaker. Mitsubishi, a smaller

4 months ago

Business

Nissan and Honda Explore Merger Amid Rising EV Competition

In a move that could reshape the global automotive industry, Japanese carmakers Nissan Motor and Honda Motor are reportedly in talks to merge. The prospective tie-up, first reported by Nikkei, comes as

4 months ago

Business