Mitsubishi Power attains ‘#1 global gas turbine market share’

March 15, 2023

Mitsubishi Power, a power solutions’ brand of Mitsubishi Heavy Industries, Ltd (MHI), has attained the top market share by megawatts in 2022......

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General Motors Middle East posts 20pc increase in 2022 sales

February 23, 2023

General Motors Middle East has announced a 20% growth in sales in 2022, when compared to 2021, as it lays the foundation for an all-electric sustainable......

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Ford to cut 3,800 jobs in Europe, mostly Germany, UK

February 15, 2023

Paris – US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as competition in the electric car......

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Ford to build new US electric battery plant with Chinese partner

February 14, 2023

New York – US auto manufacturer Ford announced Monday that it will build a new $3.5 billion battery plant in Michigan, diversifying its battery......

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Nissan, Renault to invest $600m to make 6 new models in India

February 13, 2023

Nissan Motor Co and Renault SA said on Monday they would invest $600 million to make six new models in India, one of three markets in which the two......

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Renault, Nissan boards approve ‘rebalanced’ alliance

February 6, 2023

London – The boards of French automaker Renault and Japanese partner Nissan have approved a major overhaul of their rocky 24-year alliance......

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GM profits rise after record quarter in North America

February 1, 2023

New York – General Motors rode a strong performance in North America to higher fourth-quarter profits and said Tuesday that an easing in logistics......

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Rolls-Royce posts record car sales in 2022

January 10, 2023

Sales last year advanced eight percent to a record 6,021 cars thanks to strong worldwide demand. This was up from an all-time peak of 5,586 in 2021,......

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Tesla's annual deliveries surge 40% in 2022 to cross a million for the first time

January 4, 2023

Tesla, the world's biggest electric vehicle manufacturer, set another record for annual deliveries as it shipped 1.31 million cars in 2022, up......

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Toyota to outline 3-year EV plan changes to suppliers

December 12, 2022

Aichi, Dec 12 (BNA): Toyota Motor Corp (7203.T) is expected to outline adjustments to its electric vehicle (EV) strategy to key suppliers early next......

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