Chinese automaker Geely beat revenue expectations for 2022, sending shares surging Wednesday. Shares of Geely spiked as much as 7%, before settling down to trade
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Tag: Autos
Dodge resurrects controversial Challenger SRT Demon for final year of V8 muscle cars
2023 Dodge Challenger SRT Demon 170 Dodge DETROIT — Dodge is resurrecting its controversial muscle car model, the Challenger SRT Demon, as a final special
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General Motors’ China business is hurting, and it’s not just because of Covid
A worker checks the quality of a vehicle before rolling off the assembly line at the production workshop of SAIC General Motors Wuling in Qingdao,
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BMW expects higher margin and deliveries in 2023 amid electric rollout
Spencer Platt | Getty Images News | Getty Images German automaker BMW on Wednesday set out targets to slightly increase margins for its automotive segment
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Volkswagen announces five-year $193 billion investment plan as electrification gathers pace
People look at the Volkswagen id buzz electric car during the press day at the Los Angeles Auto Show in Los Angeles, California, November 17,
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Luxury automaker Porsche issues growth outlook after record 2022 earnings
The all-electric Porsche Taycan Turbo. Source: Porsche AG Luxury automaker Porsche AG issued an ambitious long-term outlook of more than 20% of return on sales,
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Hundreds of venture capital firms vow to work with Silicon Valley Bank again if new owner is found
A sign hangs at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images More than
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31% of new cars sold for above sticker price last month. These 10 models have the biggest premiums
If you’re in the market for a new car, be prepared for the possibility of paying more than sticker price. The average new-car price in
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GM offers buyouts to ‘majority’ of U.S. salaried workers
DETROIT – General Motors will offer voluntary buyouts to a “majority” of its 58,000 U.S. white-collar employees, as it aims to cut $2 billion in structural
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Vietnamese EV maker VinFast remains optimistic despite challenging entry to U.S. auto market
A VinFast VF8 electric car on display in a showroom. Yu Ruidong | China News Service | Getty Images It has been a challenge for
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