As General Motors (GM) prepares for its latest investor day, the automotive landscape presents a stark contrast to just two years ago. The company has a consistent track record of exceeding Wall Street predictions over the past quarters, but the environment has shifted considerably. GM’s CEO Mary Barra faces the daunting task of reassuring investors
Business
After a tumultuous journey marked by a tragic event that claimed the life of cinematographer Halyna Hutchins, the film “Rust” is poised for its world premiere at the Camerimage Festival in Poland next month. This moment, occurring three years post-incident, seeks not only to celebrate the art of cinematography but also to create space for
In a significant move within the automotive and technology sectors, Hyundai Motor Company has formed a strategic partnership with Waymo, the prominent self-driving technology company. This collaboration aims to incorporate Hyundai’s innovative Ioniq 5 electric vehicle into Waymo’s expansive robotaxi service fleet. Announced recently, the alliance exemplifies the increasing convergence of automakers and autonomous technology
The ongoing trademark conflict between Tiger Woods’ Sun Day Red apparel brand and Tigeraire, a company focused on creating cooling products for athletes, highlights the complexities of branding and intellectual property in the competitive sports market. The issue recently escalated, with Tigeraire filing a notice of opposition against Sun Day Red’s logo with the U.S.
Rivian Automotive, the electric vehicle (EV) manufacturer that once captured significant investor enthusiasm, is currently navigating tumultuous waters as it grapples with production delays and a shrinking forecast. The latest reports indicate a troubling shortfall in vehicle deliveries during the third quarter, resulting in a sharp decline in stock prices—a stark reflection of the company’s
The automotive industry is once again witnessing a major confrontation between corporate giants and labor unions, as Stellantis has initiated legal proceedings against the United Auto Workers (UAW). This maneuver marks a significant escalation in their prolonged conflict, which has been brewing for several months. The lawsuit, confirmed through an internal communication to employees, highlights
In a noteworthy development that underscores the vulnerability of the automotive sector to external disruptions, General Motors (GM) has temporarily ceased operations at two of its key manufacturing plants located in the United States. The abrupt halt in production is primarily attributed to unforeseen supply chain impacts triggered by Hurricane Helene. This scenario serves as
In a development that underscores a significant trend in sports ownership, the Miami Dolphins are nearing a deal that would sell a minority stake to Ares Management, a private equity powerhouse, along with billionaire Joe Tsai, known for his extensive sports portfolio. This potential deal marks a turning point, not only for the Dolphins but
In a bid to stay competitive in the increasingly crowded full-size SUV market, Ford Motor Company is unveiling an upgraded version of its large Expedition SUV. This overhaul emphasizes sophistication and advanced technology, aiming to offer consumers not just a vehicle, but a versatile family travel experience. The redesign showcases improved design aesthetics both inside
Costco’s latest venture into the precious metals market bears testimony to its ingenious marketing strategy and commitment to customer satisfaction. With the recent introduction of Swiss-made platinum bars into its offerings, the company is keenly strengthening its foothold in a lucrative segment that has shown promising growth. On Wednesday, Costco unveiled its new product line,