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Ford reveals CEO Jim Farley’s latest pay raise

Teslarati

Credit: Ford The news also comes after Ford, General Motors (GM) and Stellantis also faced historic six-week strikes from the United Automotive Workers (UAW) union in 2023. million a year,” Fain said (via Automotive News ). “Let’s be clear: this is corporate greed, plain and simple.” million euros ($39.5

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Lucid Q1 losses widen to $779M amid EV value cuts

Baua Electric

million, in comparison with $604.6 CEO Peter Rawlinson stated in a remark on Monday the corporate used to be heading in the right direction to make over 10,000 automobiles in 2023, in comparison with an previous forecast for 10,000 to fourteen,000 devices this past. The corporate reported quarterly income of $149.4

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Bajaj Chetak electrical scooter sees over four-fold gross sales enlargement in FY23

Baua Electric

Bajaj Auto has open over four-fold build up in gross sales of its Chetak electrical scooter to 36,260 devices in FY23 as in comparison to the former fiscal when the e-scooter clocked 8,187 devices, the corporate famous in its annual document for 2022-23. Then again, the corporate’s exports, which accounted for 52.7

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Hydrogen VW Passat Driven, Pickup Truck Fuel Economy, Tesla Factory Upgrades: Today's Car News

Green Car Reports

we''ve got a brief drive of the Volkswagen Passat HyMotion hydrogen fuel-cell prototype, a comparison of pickup truck fuel-economy ratings, and details on upgrades to Tesla''s California factory. Corporately-aligned carmakers Nissan and Renault together pass.' As we head into a holiday weekend here in the U.S.,

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Nikola studies bounce in second-quarter deliveries

Baua Electric

Nikola, which went nation in 2020, produced 33 vehicles all over the second one quarter, in comparison with 63 vehicles within the previous quarter. Like alternative smaller EV corporations, Nikola has been suffering with a dwindling money keep and provide chain constraints that experience hampered its efforts to ramp up manufacturing.

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Toyota gross sales soar 10% in Would possibly as portions lack eases

Baua Electric

The corporate offered 838,478 automobiles globally terminating generation, together with its luxurious automotive emblem Lexus, in comparison to 761,466 automobiles in Would possibly 2022, when gross sales took a large clash from the stuttering portions provide brought about by means of the pandemic. China gross sales higher 9.3

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VW board to speak about $3.2B financial savings program, file says

Baua Electric

BERLIN – Volkswagen Staff’s supervisory board will meet on Tuesday to speak about a deliberate financial savings program forward of its capital markets presen on June 21, two resources akin to the corporate stated. financial savings program, file says appeared first on Bauaelectric Auto News. “Pressure is mounting. .