Ford and General Motors Report a Sales Surge, Especially for E.V.s
The two big automakers said 2024 sales were up by 4 percent thanks to big increases in the final quarter.
Posted inAutomobiles China Electric and Hybrid Vehicles Factories and Manufacturing General Motors SAIC Motor Corporation Ltd
G.M. Led in China for Years. Here’s How It Ended Up 16th in Sales.
General Motors has gone from market leader to also-ran in the world’s largest car market, stymied by its own missteps and Chinese policies that favored its local rivals.
Posted inAutomobiles Bayerische Motorenwerke AG BYD Co Ltd Electric and Hybrid Vehicles Ford Motor Co General Motors International Trade and World Market Mercedes-Benz Nissan Motor Co Stellantis NV Toyota Motor Corp Volkswagen AG
Automakers Thrived in the Pandemic. Many Are Now Struggling.
Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories.
Posted inAutomobiles Cruise LLC Driverless and Semiautonomous Vehicles General Motors San Francisco (Calif) Taxicabs and Taxicab Drivers
G.M. Will Stop Developing Self-Driving Taxis
The company said it would now focus its efforts on developing fully autonomous vehicles for personal use.