Showing 11 - 20 of 334
GM to buy out salaried staff
Business, Published on 11/03/2023
» General Motors Co on Thursday said it was offering buyouts for most of its salaried employees and expects to take a pre-tax charge of up to $1.5 billion to cover the costs.
Tesla to invest about $5bn in Mexico plant
AFP, Published on 01/03/2023
» MEXICO CITY: American electric car maker Tesla will invest about US$5 billion in a massive new factory in the northern Mexican city of Monterrey, a senior government official said Tuesday.
Renault, Nissan boards approve 'rebalanced' alliance
AFP, Published on 06/02/2023
» LONDON - The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their rocky 24-year alliance following months of negotiations, the companies said on Monday.
Renault to reduce stake in Nissan, rebalancing alliance
AFP, Published on 30/01/2023
» TOKYO - French automaker Renault will slash its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the firms said Monday.
Toyota top-selling automaker for third year running
AFP, Published on 30/01/2023
» TOKYO: Japan's Toyota was the world's top-selling automaker in 2022, retaining its lead over German rival Volkswagen for the third year, company data showed Monday.
Asia’s richest man battles fraud allegations
Published on 25/01/2023
» Shares in Adani Group companies fell on Wednesday after a US fund said it was shorting the Indian conglomerate’s stocks and accused companies owned by Asia’s richest man of “brazen” market manipulation and accounting fraud.
Indonesia says talks with Tesla continuing
Published on 12/01/2023
» JAKARTA: Negotiations between Indonesia and Tesla are continuing, a senior minister said on Thursday, following a report that the US electric vehicle maker is nearing a preliminary deal to build production facilities with a capacity of one million units in the country.
Toyota Chief Says 'Silent Majority' Has Doubts About Pursuing Only EVs
Business, Published on 22/12/2022
» Toyota Motor Corp. President Akio Toyoda said he is among the auto industry's silent majority in questioning whether electric vehicles should be pursued exclusively, comments that reflect a growing uneasiness about how quickly car companies can transition.
Microsoft the Best-Managed U.S. Company of 2022, Study Finds
Business, Published on 13/12/2022
» The technology sector's grip on the top spots in the annual Management Top 250 ranking slipped this year.
Stellantis to Stop Operations at Jeep Cherokee Factory
Business, Published on 12/12/2022
» Jeep maker Stellantis NV said on Friday that it would stop operations at a 1,350-employee assembly plant in Illinois, citing the need to control costs in the face of supply-chain disruptions and high expenses associated with moving to electric vehicles.