Tag: electric vehicles
Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans
DETROIT -- Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price...
With US vehicle prices averaging near $50K, General Motors sees 2nd-quarter profits rise 15%
DETROIT -- U.S. customers who bought a new General Motors vehicle last quarter paid an average of just under $49,900, a price that...
China's Baosteel to buy out Nippon Steel's 50% stake in auto steel venture
BANGKOK -- China’s Baosteel said Tuesday that it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242...
Hyundai Unveils 2025 Model Year Lineup Changes
Hyundai announced its changes for the 2025 model...