Automotive

Rolls-Royce delivers record number of cars in 2023

Rolls-Royce Motor Cars delivered a record number of luxury vehicles last year when clients also began taking possession of its first all-electric Spectre model, the German-owned brand said Monday.

Automotive

Ford US vehicle sales neared two million in 2023

Auto giant Ford sold almost two million vehicles in the United States last year, the company said Thursday, buoyed by accelerating electric vehicle sales and continued growth in internal combustion engine trucks.

Automotive

Hyundai raises annual EV sales goal to two million by 2030

Hyundai Motor said Tuesday it aims to sell two million electric vehicles a year by 2030, raising its target from the 1.87 million it set last year as the market for clean-energy vehicles continues to soar.

Business

US tech giant Dell to cut 5% of its global workforce

American computer firm Dell said Monday that it will lay off some five percent of its global workforce, or around 6,650 employees, the latest casualties of a job-slashing wave hitting the US tech sector.

Automotive

GM beats Toyota in US auto sales on strong demand

General Motors overtook Japanese carmaker Toyota in US automobile sales last year, according to company figures released Wednesday, reclaiming the top spot on strong demand after earlier supply difficulties.

Automotive

LG, Honda to set up US joint venture to make EV batteries

Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies ...

Business

Nintendo Q1 net profit jumps thanks to weak yen

Nintendo said Wednesday its first-quarter net profit jumped 28 percent on-year, mainly thanks to a weaker yen, but hardware and software sales declined because of a chip shortage and COVID-19 supply issues.

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