General Motors Co
What Wall Street needs to know about UAW negotiations — and what they could cost
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – The Oracle of Omaha is cutting exposure to the U.S. automotive industry amid union negotiations — potentially for good reason. Warren Buffett’s Berkshire Hathaway this week said it nearly halved its […]
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Cruise robotaxi receives in incident with San Francisco fireplace truck, one particular hurt
A Cruise self-driving car or truck, which is owned by Typical Motors Corp, is found outside the firm’s headquarters in San Francisco. Heather Somerville | Reuters A Cruise self-driving car was concerned in an incident with a San Francisco Hearth Office truck just just one 7 days following California regulators permitted 24-7 robotaxi assistance in […]
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Looming auto workers strike could cost $5 billion in just 10 days, new analysis says
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit with Sen. Bernie Sanders, of Vermont, far left, Sept. 25, 2019. Michael Wayland | CNBC DETROIT – If the United Auto Workers union decides to strike against Detroit’s Big Three automakers when current labor contracts expire next month, the economic […]
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General Motors is investing in a startup working on better and cheaper EV batteries
Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Future low-cost GM EVs could benefit from the batteries being developed by Mitra Chem. Joe White | Reuters General Motors said Wednesday it’s leading a $60 million […]
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Vietnamese EV maker VinFast is now well worth a lot more than Ford and GM right after Nasdaq debut
BANGKOK, THAILAND – 2023/05/18: VinFast shows its automobiles at Foreseeable future Electricity Asia Exhibition 2023 at Queen Sirikit Countrywide Convention Heart. Nathalie Jamois | Lightrocket | Getty Photographs VinFast’s shares jumped some 270% after its U.S. buying and selling debut, vaulting its whole marketplace price previous some of the world’s premier automakers these kinds of […]
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Warren Buffett’s Berkshire Hathaway makes interesting guess on these homebuilders
Warren Buffett’s Berkshire Hathaway purchased shares of a few homebuilders in the final quarter, a new regulatory submitting revealed. The Omaha-dependent conglomerate picked up $726 million really worth of D.R. Horton shares, $70 million truly worth of NVR shares as well as $17.2 million really worth of Lennar in the next quarter, the submitting showed. […]
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Biden urges ‘fair agreement’ between UAW and Detroit automakers that avoids plant closures
Speaking in front of a backdrop of American-made vehicles and a UAW sign, President Joe Biden, then a presidential candidate, speaks about new proposals to protect U.S. jobs during a campaign stop in Warren, Michigan, Sept. 9, 2020. Leah Millis | Reuters DETROIT – President Joe Biden is calling for a “fair agreement” between the […]
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Cruise vehicles lead to weekend site visitors jam a single day right after California approves 24-7 robotaxi assistance
On Thursday, California regulators voted to approve spherical-the-clock robotaxi provider in San Francisco from two rival companies: Waymo and Cruise. By Friday night time, a group of Cruise vehicles experienced stopped brief in the city’s North Beach front community, flashing hazard lights and causing a website traffic backup, according to reports. The assistance growth, authorized […]
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California company approves San Francisco robotaxi expansion amid significant opposition
In an aerial see, Waymo autonomous cars sit parked in a staging area on June 08, 2023 in San Francisco, California. Justin Sullivan | Getty Images Alphabet Inc’s Waymo and Basic Motors’ Cruise can function compensated robotaxi expert services utilizing unmanned self-driving autos throughout San Francisco, California state regulators voted on Thursday, in the confront of […]
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A totaled Tesla was offered for areas in the US but came back again online in the Ukraine — here’s what took place
The Tesla Motors Inc. Product X sport utility auto (SUV). David Paul Morris | Bloomberg | Getty Photos A Tesla Model X totaled in the U.S. late last 12 months suddenly arrived back again on the internet and begun sending notifications to the phone of its former operator, CNBC government editor Jay Yarow, months later […]
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