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...Stellantis — which includes France’s PSA following the 2019 merger — made a record $17.7bn in net income last year, almost all coming from North America....
...Other companies: PepsiCo, Freeport McMoran, Halliburton, GE Aerospace, RTX, Lockheed Martin, NextEra Energy, UPS, Philip Morris, Spotify, General Motors and Kimberly-Clark are reporting earnings before the...
...Hyundai Motors share price rose after announcing its fourth quarter results on Thursday, despite missing operating profit estimates....
...The writer is partner at Krebs Stamos Group and former director of the US Cybersecurity and Infrastructure Security Agency The Securities and Exchange Commission (SEC) recently announced a highly anticipated...
...The UAW, established in the 1930s, last year won record pay increases for 146,000 members whom the union represents at Ford, General Motors and Stellantis after it launched six weeks of strikes against the...
...The legislative dodge undercuts the law’s intent to bolster North American EV manufacturing while upholding its climate change goals by giving consumers more choices to go electric....
...This week General Electric, General Motors and Kimberly-Clark all topped analysts’ expectations and were rewarded with immediate share price pops....
...Other earnings: General Motors, Pfizer, and UPS will report their latest earnings before the market opens. Starbucks, Mondelez, AMD and Match Group will post results after the closing bell....
...Sales in North America and Europe were especially strong....
...The plant in north-west England makes smaller electric vans....
...Americas leapt 12 per cent after the US government announced plans to loan $2.3bn to the company to develop its flagship lithium project in Nevada that will supply the electric car battery metal to General Motors...
...Stellantis, which makes small electric vans at its Ellesmere Port plant in north-west England, currently imports all mid-sized models for the UK market from France....
...Shares in Nissan Motor tumbled as much as 11.7 per cent on Friday as investors digested disappointing third-quarter results for the Japanese carmaker....
...Stellantis, which already manufactures EVs in Europe and North America, aims to produce fully electric vehicles as soon as 2026 in South America, said Tavares, adding it would depend on bringing down costs...
...The FT visited Detroit this week to take the pulse of the Motor City — stay tuned for our report later this weekend. The history of the Lions overlaps with the history of Detroit itself....
...America Liberty Mutual Legal Department: Sustainability & impact Upwork Legal Department: People & skills DXC Technology Legal Department: Commercial & strategic advice General Motors Legal Department...
...Also, William Shakespeare’s birthday celebrated Wednesday North Macedonia: presidential election first round UK: former Democratic Unionist party leader Sir Jeffrey Donaldson appears in court in Newry...
...GM: General Motors chief executive Mary Barra and chief financial officer Paul Jacobson will deliver a business update to analysts after the company releases new financial materials....
...Combined with secular investments, they provide a consistent motor that can generate attractive returns over time....
...The most severe form of MLD causes children in late infancy to lose all motor function and deteriorate to a vegetative state, eventually requiring round-the-clock intensive care....
...By focusing on sleeker sedans and compact SUVs that consumers can afford, the South Korean group and its sister brand Kia have together overtaken Ford and General Motors to claim second place in US electric...
...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....
...Then, last week, on the eve of the first Las Vegas Grand Prix in four decades, he sold a minority stake to US investment house Arctos Partners at a valuation north of £1bn....
...Rivian went public in late 2021 with a market capitalisation of more than $100bn — bigger than Ford and General Motors....
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