auto

General Motors Expected to Decrease Production and Cut Workforce

General Motors Expected to Decrease Production and Cut Workforce

General Motors Co (NYSE:GM) is looking to make significant moves to reconstruct its motive and direction. The Company will cut car production, terminate sale of several low-selling cars, and reduce its North American workforce.General Motors intend ..

Ford's Future in the Automotive Industry Relies on Two Partnerships

Ford's Future in the Automotive Industry Relies on Two Partnerships

After beating expected earnings a week ago, Ford Motor (F:NYSE)  is trying to change the perception of it being a struggling Company. It is reportedly teaming up with Baidu (BIDU: NASDAQ) in China and Volkswagen (VLKAY: OTC) in efforts for elec..

The Latest “Buzz on the Street” Earnings: Featuring (NYSE: $GM) (NYSE: $YUM) (NASDAQ: $FB)

The Latest “Buzz on the Street” Earnings: Featuring (NYSE: $GM) (NYSE: $YUM) (NASDAQ: $FB)

General Motors Company (NYSE: GM) delivered better-than-expected earnings report this quarter with Income of $2.5 Billion. The automakers sales in North America grew more than 11% to $27.65 billion, while International sales fell 18% to $4.58 billio..

Baidu Shares Rise on Better-than-Expected Earnings

Baidu Shares Rise on Better-than-Expected Earnings

Chinese internet giant Baidu, Inc. (NASDAQ: BIDU) on Tuesday announced third quarter earnings that beat analysts’ estimates, sending the shares up 3.6%.Chinese search company said total revenue rose 27% to RMB 28.2 Billion (USD 4.11 Billion) i..

AESA Brown Boveri to Contribute USD 150 Million to Build World’s most Advanced Robot Factory

AESA Brown Boveri to Contribute USD 150 Million to Build World’s most Advanced Robot Factory

AESA Brown Boveri to Contribute USD 150 Million to Build World’s most Advanced Robot FactoryAESA Brown Boveri (NYSE: ABB) announced its investment of USD 150 Million to construct a giant tech hub in Shanghai, China. This will be an attemp..