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Tesla's market value zooms past that of GM and Ford - combined
The company has repeatedly missed targets in recent years and Musk's mercurial behavior has come under close scrutiny from financial regulators and shareholders of Tesla. However, most mainstream automakers are still ramping up new generations of electric vehicles designed to compete with Tesla's combination of style, technology and performance.
Smartphones done, cars next: Tech giants want to beat slowdown, and transform vehicles into money-making machines
The two industries have con...
GM strike ripples across economy raising new recession fears
The automaker itself has already lost more than $ 1 billion in earnings before i...
GM faces $50 million losses a day as UAW digs in for strike
GM has offered $7 billion of investment in eight U.S. plants and more than 5,400 additional jobs, most of which would be new hires.
IL&FS board shortlists firms to recast its books
The recast is expected to be completed in three months once the matter is conformed.
Argo’s tie-up with Ford, VW leaves room for Asian automaker
The automakers said they will focus their autonomous efforts on “purpose-built vehicles to support the distinct people and goods movement initiatives of both companies.”
General Motors says in talks to invest $2.73 billion in Brazil till 2024
GM has in recent weeks warned its employees in Brazil that "sacrifices" would be necessary for the company to return to profit in the country, raising concerns about layoffs or shuttered assembly lines.
JSW Group seeks to be in driver's seat at GM Talegaon plant
JSW Energy will take over the plant and become contract manufacturer for Beat and Essentia compact cars.
Bye Corvette, hello Stingray: GM's iconic car packs more punch
The Stingray will have an 8-speed automatic transmission with paddle shifters.
Ministry names 4 domestic auditors to restate IL&FS books
The move comes even as the ministry awaits the NCLT view on banning Deloitte, Haskins & Sells and BSR Associates, which were the statutory auditors of these companies before going belly up.
Big winners of Uber, Lyft IPOs won’t be the usual suspects
The filings submitted by Uber and Lyft aren’t yet public, but people familiar with each business outlined the largest shareholders.
Lost in translation? GM plant shutdown shocks South Korea
On Tuesday morning, GM announced it would shut its Gunsan plant, which employs 2,000, and decide the future of the remaining three other Korean plants within weeks.
SoftBank invests $2.25 bn in GM's self-driving cars
The move by SoftBank's $100-billion Vision Fund is one of the largest investments to date in self-driving technology by one of the highest-profile global technology investors.
GM to shut South Korean plant, more cuts could follow
The U.S. automaker said it would decide the future of its remaining South Korean operations within weeks, amid ongoing talks with the government.
Soccer-Second-tier teams scramble for share of Premier League riches
SOCCER-ENGLAND-CHAMPIONSHIP/ (PREVIEW):Soccer-Second-tier teams scramble for share of Premier League riches
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