Auto Industry Automobile Manufacturer Corporation Motoring 
Teslarati
NOVEMBER 23, 2023
Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. Dongfeng will retain 49.2
Green Car Congress
JULY 8, 2010
General Motors and Pacific Century Motors (PCM), an entity formed by The Tempo Group and E-Town, an affiliate of the Beijing Municipal Government, have reached an agreement for GM to sell GM Global Steering Holdings, LLC, commonly known as Nexteer, to PCM. Girsky, GM vice chairman, Corporate Strategy and Business Development.
Green Car Congress
JANUARY 8, 2014
A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the auto industry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.
Teslarati
JULY 8, 2022
As the auto industry splinters over the switch to electric vehicles, Volvo Cars AB is the second major manufacturer to leave Europe’s auto lobby. Volkswagen AG, Toyota Motor Corporation, and significant commercial vehicle manufacturer Daimler Truck Holding AG are among its members.
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