CES 2023: Stellantis preps cost cuts due to higher EV prices
Stellantis CEO Carlos Tavares says his company has to work on cutting costs globally in order to keep electric vehicles affordable for the middle class.
Jan 6, 2023
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Automotive
News tagged with profit margins
Business
Tesla shares tumble after company misses delivery target
Shares of Tesla tumbled more than 12% Tuesday on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.
Jan 3, 2023
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5
Automotive
Tata Motors extends losses on chip woes, weak exports
India's Tata Motors announced a seventh consecutive quarter of losses Wednesday as chip shortages and weak demand in export markets hurt sales.
Nov 9, 2022
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3
Business
Opinion: Chips Act won't work without every part of the chip
The U.S. was awakened by the pandemic to the gaping holes in its supply chains for crucial medical supplies and electronics. One of the most significant was semiconductors, the pieces of silicon that hold millions of tiny ...
Oct 31, 2022
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Business
Huawei revenue down 2.2% in first three quarters of 2022
Revenue at Chinese telecom giant Huawei fell by 2.2 percent year on year in the first three quarters of 2022, company data showed Thursday, as COVID-19 and US sanctions dragged down sales.
Oct 27, 2022
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Business
The end of coal-fired power is in sight, even with private interests holding out
If future historians pick a point in time when Australia comprehensively turned its back on coal-fired generation, they may well point to AGL's decision to bring forward the closure of Loy Yang A, the cheapest (excluding ...
Oct 10, 2022
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Business
China's Huawei says sales down but new ventures growing
Chinese tech giant Huawei said Friday its revenue fell in the first half of 2022 but new ventures in autos and other industries helped to offset a decline in smartphone sales under U.S. sanctions.
Aug 12, 2022
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11
Business
Amazon is UPS's biggest customer, and its biggest competitive threat
United Parcel Service (UPS) and its brown delivery trucks have ruled American streets for decades.
Apr 13, 2022
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11
Automotive
General Motors to add 8,000 technical workers this year
There are more than 8,000 new technical job openings at General Motors, and the automaker plans to fill them during a hiring spree this year.
Jan 26, 2022
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4
Business
Daimler Truck rolls into stock market after Mercedes split
Daimler Truck launched on the Frankfurt Stock Exchange on Friday after the heavy-goods operation was spun off from its holding group, soon to be renamed as Mercedes-Benz.
Dec 10, 2021
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