Posted inCompany Reports General Motors
General Motors Reports 18% Rise in Quarterly Sales
G.M. cited improvements in component supplies and robust demand even in the face of higher interest rates.
Posted inBatteries BYD Co Ltd China Company Reports Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co General Motors Germany Musk, Elon Production Tax Credits, Deductions and Exemptions Tesla Motors Inc United States
Tesla Sales Jumped in the First Quarter
The electric car company’s decision to slash prices appears to have paid off in reviving demand.
Posted inCompany Reports Cornwall (England) Great Britain Layoffs and Job Reductions Rocket Science and Propulsion Satellites Virgin Group Virgin Orbit
Virgin Orbit’s Failed Launch Is a Blow to the Company
Richard Branson’s satellite launch company, which hasn’t recovered since a January mishap in Britain, has laid off nearly all its employees.
Posted inChina Company Reports Computer Chips Huawei Technologies Co Ltd International Relations Meng Wanzhou Politics and Government Telephones and Telecommunications
Huawei, Pummeled by U.S. Sanctions, Reports Plunge in Profit
The company blamed the profit decline on pandemic lockdowns and an increase in research and development to counter restrictions on access to U.S. technology.