Remove financial
article thumbnail

GM raises 2024 financial guidance on Q1 revenue

Teslarati

General Motors (GM) has detailed its first-quarter financial results for the year, citing its gas vehicles and continued growth of electric vehicle (EV) business and software-based platform development. ” You can see GM’s Q1 2024 financial results here , along with Barra’s letter to shareholders here. billion to $11.5

GM 72
article thumbnail

How quantum computing will revolutionise future financial modelling

Innovation News Network

Learn how quantum computing works and how this groundbreaking technology will revolutionise financial modelling. The post How quantum computing will revolutionise future financial modelling appeared first on Innovation News Network.

Future 98
article thumbnail

Toyota Financial Ordered to Pay $60M Penalty

The Truth About Cars

In yet another chapter of dealers (and their financial arms) behaving badly, Toyota Motor Credit has been levied $12 million civil fine and also order to fork over $48 million in restitution after a court found the organization played fast and loose with some rules. & And your kid promises to do their homework on time, as well.

Toyota 99
article thumbnail

How banks and financial services firms can guard against cyber security threats

Innovation News Network

As banks and financial services firms modernise their operations, a reinforced cyber security strategy is required. The post How banks and financial services firms can guard against cyber security threats appeared first on Innovation News Network.

90
article thumbnail

Fisker pauses production, gains funding commitment amidst financial woes

Teslarati

Fisker will pause production of its electric vehicles (EVs) for six weeks, and the company also says it has received a financial commitment of up to $150 million amidst financial concerns. The post Fisker pauses production, gains funding commitment amidst financial woes appeared first on TESLARATI.

Fisker 84
article thumbnail

Fisker announces massive earnings miss, paints bleak financial forecast

Teslarati

Lucid Motors was the first domino to fall this week , releasing its Q1 earnings report, which showed investors weakening demand, a flimsy financial position, and a disheartening production forecast. Fisker’s earnings report was chock full of bad news for investors and reservation holders alike. per share, compared to the $0.27

Fisker 94
article thumbnail

Lotus’ (LOT) 2023 financial results show steady growth as it executes its all-electric strategy

Electrek

Lotus Technology has shared its Q4 and full 2023 financial results, relaying steady revenue growth alongside business expansions and further progress in becoming a 100% electric brand. Better still, Lotus expects much more growth in 2024.