GM is reinstating its earnings guidance, accelerating a stock buyback program and addressing issues with Cruise and EV ...
The automaker seeks to reassure investors about the health of its core car-making business after setbacks in fledgling ...
General Motors GM.N said on Wednesday it will buy back $10 billion in shares and boost its dividend by 33%, even as it cuts spending at its troubled robotaxi unit Cruise and lowered profit ...
GM will still have another $1.4 billion of capacity remaining under its share repurchase authorization for additional stock ...
Nestle said on Wednesday it will invest about 6 billion reais ($1.23 billion) in Brazil by the end of 2025 as it aims to grow ...
1/2Nissan will invest over $1 billion to make EV versions of its best-selling cars in the UK Nissan will invest more than 1 billion pounds ($1.3 billion) to update its factory in northeast England ...
Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related ...
Ford Motor on Thursday pegged the cost of a new labor deal at $8.8 billion and joined rival General Motors in cutting its ...
BP plc BP and British offshore wind company Corio Generation are set to invest more than $1.16 billion in wind farm projects in South Korea, according to a statement released by the country's ...
Britain's Prime Minister Rishi Sunak, foreground and Chancellor of the Exchequer Jeremy Hunt visit the car manufacturer Nissan, in Sunderland, England, Friday, Nov. 24, 2023. Nissan will invest ...
FILE - A Nissan logo is seen on a car at its showroom in Tokyo on Feb. 21, 2023. Nissan’s profit zoomed up more than 10-fold in July-September from a year earlier, boosted by a weak Japanese yen ...
LONDON (AP) — Nissan will invest more than 1 billion pounds ($1.3 billion) to update its factory in northeast England to make electric versions of its two best-selling cars, a boost for the ...