The auto and tech worlds are converging and GM could be the best positioned global auto maker
for developing industry trends, said Ward, who set a $48 price target on the shares.Target $48.
The auto maker
claimed the strikes caused 1.7 trillion won ($1.5 billion) in damage.
Mobileye is now working with Chinese auto maker
SAIC on Level 3, 4 and 5 autonomous vehicles, it said at CES.
Summary: Omani sovereign wealth fund signed an understanding with Iran's biggest auto maker
, Iran Khodro Industrial Group, to study a proposal for a US$ 200 million auto plant in Oman.
Bosch provided the disgraced auto maker
with engine components and software for its diesel vehicles.
The head of General Motors Co.'s China operations said Monday the Detroit auto maker
expects to maintain the company's profitability levels in the world's largest light-vehicle market even amid price declines and moderating growth levels, Market Watch reports.
The Dearborn, Mich., auto maker
recalled 2013 and 2014 model year Fusion sedans, Escape crossover, C-Max hybrids and Lincoln MKZ luxury cars sold in North America, Canada and Mexico.
, which has slipped behind rivalVolkswagenAGas China's top-selling brand.
Sales by the biggest European auto maker
, Volkswagen of Germany, rose by 5.8 per cent in October.
The Treasury unveiled a plan to exit the auto maker
last December, saying it would divest all its stock in the company in 12 to 15 months.
Attention of every auto maker
, may it be Ashok Leyland or BMW, is to save costs where it bites the most.