Automakers are warning that they're facing higher commodity, logistics and memory costs while pricing power is becoming harder to extend to consumers. Several Wall Street analysts have said companies will need continued pricing strength and additional cost savings to offset inflation, higher investment spending and a potentially weaker economy.
Somewhere around the turn of the century, and the decades following, the smokestack economy become the connected economy. Connected vehicles, industrial equipment and warehouse devices today generate continuous streams of behavioral, operational and location data.
FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) today announced that it will transfer the listing of its $750,000,000 aggregate principal amount of 6.150% senior notes due 2035 (the “Notes”) to the Nasdaq Global Market (“Nasdaq”) from the New York Stock Exchange (“NYSE”). The Notes are expected to continue to be listed under the NYSE ...
A group representing General Motors, Toyota, Volkswagen and other major automakers on Monday backed the Trump administration in a legal challenge to its sharply lower vehicle fuel economy standards filed by California and other states.
General Motors will pay $220 million to 36 states to settle allegations that it illegally sold private driving behavior and location information to data brokers.
General Motors will pay $220 million to settle allegations that it illegally sold consumers' private driver behavior data and location information to third parties, Washington state's attorney
General Motors plans to invest in its Lansing Delta Township Assembly plant to handle future production of hybrid-electric vehicles, the latest move by the U.S. automaker to claw back market share by appealing to the shifting tastes of consumers.
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