GM to halt 11 Michigan plants operations

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Source: Dukascopy Bank SA
Late on Wednesday, General Motors announced it would temporarily suspend its operations at eleven Michigan factories and the Warren Tech Centre, following an emergency appeal aimed at users to conserve the natural gas, when the weather is extremely cold.
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Thu, 31 Jan 2019 09:08:05 GMT

Tesla's CFO quits amid cheaper cars

Tesla's Chief Financial Officer Deepak Ahuja is set to leave the company, after the carmaker promised to make Model 3 sedans cheaper, as the electric vehicle maker aims to make its cars more affordable and not go bankrupt.

Thu, 31 Jan 2019 06:25:48 GMT

UK car production falls markedly

The UK car output fell 9% last year, the largest drop since the recession in 2008, while investment slumped by almost half amid fears about Brexit, an industry body stated.

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