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The automaker, home to brands including Fiat, Peugeot and Chrysler, made 751,384 vehicles in Italy last year, up 9.6% from 2022, FIM CISL leader Ferdinando Uliano said during the union s annual press conference on Stellantis production in Italy. ....
Investors are unmoved. GM shares are trading close to the USD 33 a share at which they went public in 2010 following the company s government-financed bankruptcy. Since hitting USD 63 a share in November 2021, GM shares have fallen 47%. Warren Buffett s Berkshire Hathaway sold all its GM shares without explanation during the third quarter as the price slid to a two-year low during tough contract bargaining in the U.S. with the United Auto Workers. ....
Toyota: The company, which plans to have electrified options for all its models available by 2025, said the latest move will bring its total investment in the plant to about USD 13.9 billion and jobs to more than 5,000. Legacy automakers such as Ford Motor and General Motors have been racing to ramp-up their EV output and close the gap with market leader Tesla, although both Detroit-based companies have scaled back their investment plans after reaching expensive new contract agreements with the United Auto Workers union. ....
NANJING, Jan. 17 (Xinhua) The new energy vehicle (NEV) ownership in east China Jiangsu Province reached 505,101 units in 2021, up 122.2 percent year on year, ....