GM’s Fourth-Quarter Profit Soared as Supply-Chain Problems Eased

Business Earnings Auto maker also posted record full-year operating profit

Ford Cuts Prices of EV Mustang Mach-E

Business The move comes after Tesla slashed prices on a number of its models in the US

Why Auto Marketing Looks Poised for Growth in 2023

Auto companies’ marketing spending last year appears to have declined less than some observers expected, buoyed by big branding efforts designed with the future in mind—and the transition to electric vehicles in particular. The automotive industry in 2022 suffered from economic concerns, inflation and supply constraints due to production disruptions. A year like that might … Read more

The EU wants to send more people back to Africa, the Middle East, Asia

STOCKHOLM, Jan 26 (Reuters) – European Union migration ministers meet on Thursday to discuss visa restrictions and better coordination inside the bloc to be able to send more people with no right to asylum in Europe back to their home countries including Iraq. Three years after the 27-nation EU agreed to restrict visas for countries … Read more

Exclusive: WHO investigating links between cough syrup deaths, considers advice for parents

Jan 24 (Reuters) – The World Health Organization (WHO) is investigating whether there is any connection between manufacturers whose contaminated cough syrups it has linked to the deaths of more than 300 children in three countries, a person familiar with the matter told Reuters. Citing “unacceptable levels” of toxins in the products, the WHO is … Read more

WHO urges ‘immediate action’ after cough syrup deaths

LONDON, Jan 23 (Reuters) – The World Health Organization has called for “immediate and concerted action” to protect children from contaminated medicines after a spate of child deaths linked to cough syrups last year. In 2022, more than 300 children – mainly aged under 5 – in Gambia, Indonesia and Uzbekistan died of acute kidney … Read more

Tesla’s Price Cuts Are Roiling the Car Market – The Wall Street Journal

Tesla’s Price Cuts Are Roiling the Car MarketThe Wall Street Journal

GM Is Investing Almost $1 Billion in New V8 Engines

Inside Flint Engine Operations. Photo: GM GM announced on Friday that it would be spending $854 million to make its sixth-generation small block V8, and $64 million to help its EV efforts, in news that sounds like it belongs in a different year but isn’t. The news also confirms that a sixth-generation small block V8 … Read more

GM, LG Scrap Plans to Partner on Fourth US Battery Factory – WSJ – The Wall Street Journal

GM, LG Scrap Plans to Partner on Fourth US Battery Factory – WSJThe Wall Street JournalView Full Coverage on Google News

Tesla Lost Market Share In Q4. It’s No Problem.

Tesla cut prices in China and North America, hoping to boost demand for its EVs during a soft patch for the global economy. Getty Images Text size Final numbers are in for US 2022 battery-electric vehicle sales. Tesla dominated again, but that doesn’t tell the entire story of EVs in America. For the full year, … Read more