Tag: General Motors
Hertz: New boss should take care of failed electric car initiative – economy
There is a change in boss at the car rental company Hertz after a failed future bet on electric vehicles. Gil West, who until recently was responsible for operational business…
Billions in costs due to workers’ strike – economy
By 2028, the US car manufacturer General Motors (GM) expects additional costs of $9.3 billion due to collective bargaining agreements, the company announced on Wednesday. This equates to approximately $575…
Cruise: Boss of robotaxi company Cruise resigns after accident – Economy
The head of the American robotaxi company Cruise has resigned during the investigation into an accident involving a pedestrian in San Francisco. He now wants to spend time with his…
USA: 25 percent more salary for auto workers – economy
Chrysler parent company Stellantis and the US union United Auto Workers (UAW) have tentatively agreed on a new labor contract after a six-week strike. Like the agreement reached with Ford…
Agreement in principle between Ford and the automobile union after more than 40 days of strike
US President Joe Biden hailed a “historic” agreement. After forty-one days of strike at American manufacturers Ford, General Motors and Stellantis, the UAW automobile union and Ford finally reached an…
Opel Kadett C: A world star from Bochum
The career of the Kadett C began 50 years ago. Which is why the Opel classic has had more than 40 brand and model names over the years. From a…
Eurovita crisis has an impact in Germany – economy
It’s about 720,000 customers and their life insurance contracts, behind which there are assets of 21 billion euros. The insurer Zurich would like to get rid of this portfolio, the…
Life Insurers Consider Selling Inventory – Economy
Anyone who took out life insurance 20 or 30 years ago had no reason to doubt that the contract would remain with the very company with which it was contracted…
General Motors temporarily suspends Twitter ads after Musk takeover
A direct competitor of Tesla, the automaker is the first major advertiser to question its presence on the platform after the takeover of the social network by Elon Musk. The…