Wednesday, 5 February 2025

Focus on General Motors Company

FILE PHOTO: General Motors President Dan Ammann speaks during GM's press conference at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Rebecca Cook/File Photo
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Exxon names former GM president to run oil and gas business

Exxon names former GM exec Dan Ammann to lead oil and gas unit, signaling continued management reshaping with outsiders.

FILE PHOTO: A Cadillac Lyriq electric vehicle (EV) under General Motors is seen during its world premiere on a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingPoliticsRegulations

Analysis: Why GM could suffer under Trump policies to ‘save’ Detroit automakers

GM faces dual threats from Trump’s EV subsidy cuts and tariffs, as regulatory shifts challenge its electrification strategy.

FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook/File Photo
BusinessElectric Vehicles (EVs)News

GM to sell its stake in Michigan battery plant to LG Energy Solution

GM to sell Lansing battery plant stake to LG, trims EV plans amid slow market growth and shifts in production strategy.

FILE PHOTO: A Mercedes Benz E300 is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
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Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say

Mercedes-Benz taps China's Momenta for ADAS tech, with $75M investment, aiming to regain market share in China by 2025.

FILE PHOTO: A Volvo charging port for an EV at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsTradeTransport

Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says

Analysts and experts fear the tariffs could be more damaging for European car makers.

FILE - President Joe Biden speaks during a visit to the General Motors Factory ZERO electric vehicle assembly plant, Nov. 17, 2021, in Detroit. (AP Photo/Evan Vucci, File)
Electric Vehicles (EVs)NewsTransport

FACT FOCUS: Posts misrepresent Biden administration spending on EV charging stations

Some social media users are claiming that the Biden spent billions of dollars to build a handful of EV charging stations.

A Vinfast electric car travels down a street in Hanoi (AFP)
BusinessElectric Vehicles (EVs)ManufacturingNewsTrade

Vietnamese EV maker Vinfast reports $550 million Q3 loss

VinFast reported a $550 million net loss for Q3, an improvement from last year, with higher sales.

FILE PHOTO: A general view of the Ramos Arizpe plant of General Motors, which exports vehicles to the U.S. and Canada, in Ramos Arizpe, Coahuila state, Mexico November 2, 2024. REUTERS/Daniel Becerril/ File Photo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)PoliticsRegulationsTrade

Analysis: GM and other US automakers would take big hit from Trump tariffs

Trump's proposed 25 per cent import tax on Mexico and Canada could hurt U.S. automakers, raise vehicle prices, and harm consumers.

News ReleaseNews

EzFill Signs Definitive Agreement for the Purchase of Yoshi Mobility’s Fuel Division

Agreement Expands EzFill’s Operations to Four New States Deal Expected to Close December 2 MIAMI, Nov. 25, 2024 (GLOBE NEWSWIRE) -- EzFill Holdings...

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