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...Indian steelmaker JSW last month launched a $1.5bn tie-up with China’s SAIC Motor to build and sell EVs in India....
...The EU had taken retaliatory action with levies on US products such as bourbon whiskey and Harley-Davidson motorbikes but both sides suspended measures in 2021 as they collaborated on a sustainable steel...
...It also owns assets including petrol station operator Motor Fuel Group and part of car windscreen repair company Belron. CD&R has explored the possibility of selling MFG....
...According to Anthony Hart, sales manager at Plymouth Harley-Davidson, the Freewheeler and Harley-Davidson’s other three-wheeled offering – the more opulent, £38,795 Tri-Glide Ultra – are proving to be a...
...Other earnings: Merck, Caterpillar, Honeywell, Bristol Myers Squibb, Altria, Northrop Grumman, Royal Caribbean Cruises, Southwest Airlines, American Airlines, Harley-Davidson and Hertz are reporting before...
...LiveWire, still majority owned by Harley, has disappointed: only 63 units shipped in the first quarter of this year despite the company’s goal of selling 100,000 by 2026....
...Wisconsin-based Harley-Davidson joins General Motors and construction equipment maker Caterpillar to benefit from higher prices as a way to cope with inflation....
...In November, the company signed an agreement with Handal Indonesia Motor to assemble EVs in Indonesia. It is scheduled to start operations in the second quarter of this year....
...Earnings are also expected from Merck, Caterpillar, Honeywell, Bristol Myers Squibb, Altria, Northrop Grumman, Royal Caribbean Cruises, Southwest Airlines, American Airlines, Harley-Davidson and Hertz before...
...In 2018 the Trump administration imposed tariffs on steel and aluminium coming from Europe and in retaliation Brussels put tariffs on US-made goods like whiskey, jeans and Harley-Davidson motorbikes....
...said he would step down on the company’s first-quarter earnings call last week....
...The transaction is also the latest in a series of takeovers in the UK motor retail sector where consolidation has meant only Vertu and Caffyns remain....
...into entering Thailand, the region’s second-biggest auto market, BYD holds the position as the biggest EV maker and the third-largest automaker for the overall passenger car market, according to research company...
...European trade commissioner Valdis Dombrovskis told the Financial Times he was in favour of postponing the reimposition of retaliatory tariffs on American goods such as bourbon whiskey and Harley-Davidson...
...The company has been through previous rounds of job cuts....
...Cruise, the self-driving car subsidiary of General Motors, targeted annual revenues of $1bn by 2025. Last year, the business reported sales of just $102mn amid a $3.4bn loss....
...The decade-long effort to build a product that competes with the likes of Tesla and Rivian has never been officially confirmed by Apple, and a spokesman for the company declined to comment....
...That was down from 49 12 months earlier, as it exited stakes in companies including General Motors, UPS and Procter & Gamble earlier in the year....
...Sales growth of electric cars has slowed in the past year, with carmakers increasingly forced to discount models in order to generate sufficient consumer demand, while companies from General Motors and Ford...
Case studies in best practice among general counsel and company legal teams in North America
...Berkshire would acquire Geico, a motor insurer, in 1996, expanding its operations that began in 1967 with the purchase of National Indemnity, an Omaha-based property and casualty insurer....
...Shanghai’s state-owned carmaker SAIC Motor, for example, had its 15 per cent tax rate for being a “high-tech enterprise” renewed four times since 2008....
...Ford, General Motors and Tesla have all pumped the brakes on expanding EV production capacity in recent weeks....
...Tesla shareholders were even more carried away, adding $46bn to the EV maker’s market cap — more than General Motors was then worth — when it announced a stock split in August 2020....
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
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