• Thu, December 5, 2024

by: BBC

What it's like to live in the world's most innovative countries

The BBC speaks to residents and travellers in some of the top-ranked countries on the 2024 Global Innovation Index to find out how cutting-edge technology benefits day-to-day life.

by: Airforce Technology

UK, Qatar broaden cooperation on Typhoon and Hawk

by: Aaron Neefham

Aionics Unveils Expansion into Aviation Batteries Fueled by Strategic Investments and Industry Partnerships

by: Cars

Plug & Charge Tech Is Coming to Public EV Chargers to Free Us From Apps and Cards

by: Yahoo

US auto brands suffer as influential report hammers reliability of new tech, early adopters

The reliability of hybrid and electric vehicles is improving, but U.S.-based brands continue to trail their competition, according to Consumer Reports' influential 2025 Automotive Report Card. From EV startups like Rivian and Tesla to established brands ...

by: The Punch Newspapers

Credicorp, NADDC unveil N20bn fund to boost locally-assembled vehicle ownership

The Nigerian Consumer Credit Corporation and the National Automotive Design and Development Council have unveiled a N20bn consumer credit fund to enable Nigerians to purchase locally assembled vehicles.

by: USA Today

Duggan's independent gubernatorial run is rare and untested. Could it work?

Independent candidates haven't succeeded at the statewide level in Michigan, but experts note Duggan is unique compared to those who've tried before.

by: tarmaclife

Toyota's 'mobility for all' vision closer than you think

The case for access-based mobility Brent Knight, Managing Director Toyota Fleet Management NZ, shared groundbreaking insights into Toyota's transformative a

by: The Morning Sun

News, sport, celebrities and gossip | The Sun

'A BIT MUCH''Overwhelmed' Tulisa breaks silence after deleting I'm A Celeb posts, snubbing spin-off & failing to greet axed pal Melvin MARC GUEHI, a devout Christian, was warned by the FA not to ...

by: Nature

Nanoscience and technology articles from across Nature Portfolio

by: cbtnews

North American automotive industry faces turmoil amid Trump's tariff threats

Trump's proposal to impose a 25% tariff on Canadian and Mexican imports could devastate the North American automotive sector.

by: MSN

Did Biodiesel Fail? Here's What Happened To The Renewable Fuel

Biodiesel fuels attracted a lot of attention in the 2000s, but today have largely been overshadowed by EVs. What happened, and where are they now?

by: Yardbarker

Los Angeles Lakers News

by: jdpower

Car Ratings from Drivers Like You

by: Aaron Neefham

Why Alcoa Corporation (AA) is the Best Aluminum and Aluminum Mining Stock To Buy?

We recently published a list of 10 Best Aluminum and Aluminum Mining Stocks To Buy. In this article, we are going to take a look at where Alcoa Corporation (NYSE:AA) stands against other best aluminum and aluminum mining stocks to buy.

by: MSN

UK sets new EV sales record with over 25% of November car registrations electric

Conversely, new petrol car registrations plummeted to an all-time low of 29% in November, according to New AutoMotive.

by: MSN

The EV charging nightmare could soon be over -universal Plug-and-Charge protocol due for US rollout in 2025

US Government has announced a new charging framework Next year, EV owners will simply be able to plug in and walk away Should end frustrating apps, RFID cards and payment processes Charging electric vehicles in North America is about to get a whole lot easier next year,

by: Aaron Neefham

Why Kaiser Aluminum (KALU) is the Best Aluminum and Aluminum Mining Stock To Buy?

We recently published a list of 10 Best Aluminum and Aluminum Mining Stocks To Buy. In this article, we are going to take a look at where Kaiser Aluminum Corporation (NASDAQ:KALU) stands against other best aluminum and aluminum mining stocks to buy.

by: Aaron Neefham

Artificial Intelligence

The chief executive of OpenAI said the technology would boost productivity and rejected worries that his rival mogul could use his political influence to harm competitors. By Cade Metz GenCast ...

by: Aaron Neefham

Greensboro/Winston-Salem/High Point News

by: Aaron Neefham

Generative AI Creates Challenges And Opportunities For The Entire Automotive Industry

By breaking the traditional link between feature development and vehicle platforms, the SDV architecture relies on software to enable features over the vehicle life cycle. This reduces the cost and complexity of design and production, enables new software-driven revenue, and improves the customer experience.

by: Aaron Neefham

GM to take more than $5 billion in charges on China operations

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
  • Fri, December 6, 2024

by: Government Technology

Automakers See Returning Demand for Hybrid Vehicles

by: MSN

Tesla's Three Upcoming Models And What They Mean For The American Automaker

Tesla is facing fierce competition as mainstream automakers stack their electric car lineups, but three new models will give Tesla its edge back

by: familydestinationsguide

This Vintage Auto Road Trip Will Take You To 12 Of Wisconsin's Most Jaw-Dropping Classic Car Collections That'll Rev Up Your Nostalgia

The Dahl Auto Museum is like stepping into a shiny, wheeled version of "Back to the Future." This place is so nostalgic, you half expect to see your grandpa cruising by in his first set of wheels. The museum's showroom is a feast for the eyes,

by: Hartford Courant

Hartford Courant - Your source for Connecticut breaking news, UConn sports, business, entertainment, weather and traffic

by: Market

Automotive systems and accessories

by: IBTimes India

The Evolution of AI: How Deep Learning is Transforming Industries

Chirag Gajiwala aptly describes the rise of deep learning and neural networks is more than a technological advancement it is a revolution reshaping industries and driving innovation across the globe.

by: Green Car Reports

Universal plug-and-charge coming to all EVs starting in 2025

by: Automotive News

Stay Informed, Stay Ahead

by: electronicsforu

Open-Source Dataset For Car Design With AI

MIT engineers have created the largest open-source dataset of car designs, complete with aerodynamic data, to accelerate the development of eco-friendly and electric vehicles.

by: AM-online

EV sales soar to record high in November, taking 25% market share

The UK achieved a new milestone in electric vehicle (EV) adoption last month, with EVs accounting for over 25% of all car registrations in November, according to New AutoMotive's Electric Car Count.

by: Yahoo

Is Michigan's auto industry careening into a ditch?

Consider: Detroit's automakers are laying off thousands of workers, scaling back electric vehicle projects and facing an incoming U.S. president whose promised policies could do them great harm. It all presents a big worry for a state in which 20% of its workers are employed in the auto and "mobility" sectors.

by: Bloomberg L.P.

Auto Production Tumbles in Canada Before Trump's Return as Detroit Pulls Back

Canadian automobile plants are set to produce about 1.3 million vehicles this year, the lowest level in decades outside the Covid pandemic, as US companies idle factories in the country amid slowing demand,

by: familydestinationsguide

12 Nostalgic Attractions In Wisconsin That Will Take You On A Trip Down Memory Lane

Wisconsin's got you covered! From classic cars to circus elephants, these twelve attractions are like portals to th
  • Sat, December 7, 2024

by: Forbes

30 Under 30 Transportation & Mobility 2025: These Young Founders Are Going Places

From electric vehicle charging services to more efficient maritime shipping to next-generation traffic barriers, these young entrepreneurs are finding new ways to power and move people and goods.

by: Newsweek

Changes Coming to NASCAR Cup and Truck Series, Admits President Steve Phelps

NASCAR President Steve Phelps has announced upcoming changes to the Cup and Truck Series, focusing on innovation and collaboration with key stakeholders.

by: The New York Times

Climate and Environment

Researchers are trying a new strategy to reintroduce Hawaiian crows, which have been extinct in the wild for two decades. By Catrin Einhorn President-elect Donald Trump's chief advisers would ...

by: Al Jazeera English

Israel-Palestine conflict

by: MSN

Why is QuantumScape Corporation (QS) Among the Best Lithium and Battery Stocks to Invest In?

by: GoodNewsNetwork

Good News, Inspiring, Positive Stories

by: Indiatimes

Invest with Confidence. Lead with Insights.

by: Business Insider

Business Insider: The Latest

Haley and Shane Mahabadi saved and planned for year before leaving their corporate jobs and traveling Southeast Asia full-time. AMD CEO Lisa Su said she didn't grow up with her distant cousin ...

by: Bloomberg L.P.

VW, Stellantis Brace For Another Rough Year in Auto Industry

by: electrive

SAE strives for 'universal' Plug & Charge for the USA

The standardisation organisation SAE International is announcing a framework for 'universal' Plug & Charge in collaboration with the US government. It should be possible to automatically start and bill charging processes for any car at any public charging station.
  • Sun, December 8, 2024

by: Forbes

Stellantis Shares Stabilize As Investors Ponder Tavares Demise

Stellantis shares stabilized after news of CEO Carlos Tavares's demise, as investors speculated about the implications.

by: The Indian Express

No diesel autorickshaws in Gurgaon from January

According to Regional Transport Authority Secretary and SDM Ravindra Kumar, currently there are 38,400 autorickshaws of all fuel types in the district, of which 1,015 run on diesel.

by: tech

Mahindra Renames Electric SUV to BE 6 Amid Trademark Dispute with IndiGo

GM to take more than $5 billion in charges on China operations

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
General Motors (GM) announced on December 4, 2024, that it will record charges exceeding $5 billion due to its operations in China, primarily stemming from the devaluation of its equity in its Chinese ventures and the costs associated with restructuring its business in the region. The company expects to take a $3.7 billion charge in the fourth quarter for the revaluation of its equity in its China operations, reflecting the challenging market conditions and increased competition in the world's largest auto market. Additionally, GM will incur about $1.5 billion in charges related to the discontinuation of the production of the Chevrolet Malibu and the closure of its plant in Fairfax, Kansas, as part of its broader strategy to shift focus towards electric vehicles and more profitable segments. These financial adjustments are part of GM's efforts to adapt to the evolving automotive landscape in China and globally.

Read the Full Reuters Article at:
https://www.reuters.com/business/autos-transportation/gm-take-more-than-5-billion-charges-china-operations-2024-12-04/

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