Factory workers at the Canton, Mississippi Nissan plant will be offered voluntary buyout packages in a cost cutting move by the Japanese auto maker. The buyouts are targeted at production lines in Canton and Smyrna,
General Motors strong profit and revenue outshine hefty charges tied to China. Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
The company is not planning for involuntary layoffs and is part of its initiative to cut down global costs by $2.6bn.
General Motors Company (NYSE:GM), a leading American automaker, finds itself at a critical juncture as it navigates the evolving landscape of the automotive industry. While the company has experienced a remarkable surge in its stock price,
Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 in costs globally.
General Motors (GM) has reported a loss of $2.96bn in the fourth quarter of 2024, a downturn from a profit of $2.1bn in the same period the previous year. The automotive giant's net income was impacted by over $5bn in special charges,
New Las Vegas Raiders head coach Pete Carroll and GM John Spytek are embracing their opportunities with one of the NFL's more downtrodden franchises.
Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen” or the "Company”), an electric vehicle ("EV”) manufacturer, today announces the additional sale of five Mullen ONE, Class 1 EV cargo vans to two leading California Universities in Los Angeles and the San Francisco Bay Area.
Plus, Kia is working to make its dealerships much nicer, while car dealers vow to fight the direct sales model.
In November 2024, Mullen announced that Emerald Transportation Solutions, a premier commercial refrigeration (“reefer”) vehicle upfitter, is working with the Papé Group (“Papé”) to develop an advanced reefer upfit for the Mullen THREE, a Class 3 all-electric truck.