Finance Of Alberto Annicchiarico Tesla drops 7% after the release of quarterly production and delivery data. In the first three months, 386,810 cars were delivered 3′ reading Even worse than you thought. Tesla narrowly missed estimates for first-quarter deliveries on Tuesday and fell 6% after the release of quarterly production and delivery data. In the … Read more
Auto Insurance Rates Increase after Carmakers Share Driver Data Auto Insurance Rates Increase after Carmakers Share Driver Data: General Motors, Ford, Honda, and Others Seattle-area Drivers Alarmed by Unexpected Insurance Hike Drivers of cars manufactured by General Motors, Ford, Honda, and other popular brands say that their insurance rates went up after the companies sent … Read more
Stellantis Employees Could Receive Profit-Sharing Checks of $13,860 Stellantis Employees Could Receive Profit-Sharing Checks of $13,860 Annual Profit-Sharing Announcement Stellantis NV, an automaker, announced on Thursday that employees represented by the United Auto Workers (UAW) could expect generous profit-sharing checks. The checks, which vary based on individual working hours, will amount to an average of … Read more
Last fall’s United Auto Workers’ Strike Forces Ford to Rethink Manufacturing Strategy When an Industry Shakeup Requires Rethinking Striking a Watershed Moment The United Auto Workers’ strike in 2023 had a profound impact on Ford Motor Co.’s relationship with the union and has forced the automaker to reconsider its future manufacturing decisions. CEO Jim Farley, … Read more
General Motors Reports Strong Q4 Earnings and Issues Profit Guidance for 2024 General Motors Reports Strong Q4 Earnings and Issues Profit Guidance for 2024 Record Revenue and Optimistic Outlook General Motors (GM) has announced robust earnings for the fourth quarter, surpassing expectations on both revenue and profit. The company reported topline revenue of $42.98 billion, … Read more
General Motors has overtaken rival Toyota Motor to remain the best-selling automaker in the United States in 2023, as easing supply bottlenecks and sustained increased demand propelled the industry to its best year since the Corona pandemic. The company sold 2.6 million new cars in the United States in 2023, an increase of 14.1 percent … Read more
The Mexican has some interesting expressions to say that a product seems expensive. One of them is to exclaim “And what does it do, does it fly or what?”. Another common one is when, upon hearing the price of a product, one questions “Don’t they lose him?”. I wonder what they would say if they … Read more
General Motors (GM) announced that Cadillac will develop its own F1 power unit. The company has officially registered with the FIA (Fédération Internationale de l’Automobile) to become an F1 engine manufacturer starting from the 2028 season. This will see the American car giant join Honda, Mercedes, Ferrari, Renault, Audi and Red Bull as power unit … Read more
AFPEA General Motors plant in Detroit NOS Nieuws•vandaag, 00:51 Car manufacturer General Motors has reached an agreement with the American union United Auto Workers (UAW). It is the third and final major automaker with which the union has reached an agreement. Union members demanded better compensation and laid off work for weeks at car manufacturers … Read more
Title: The Evolution of Aerodynamics in Automobile Design Subtitle: How Chrysler’s Airflow Sedan Revolutionized Automotive Engineering Date: October 18, 2023 In the years leading up to World War II, Europe gradually abandoned separate chassis in favor of lighter and simpler unitary bodies, while the United States clung to orthodox frame designs. It wasn’t until the … Read more