News of New York

Boosting Holiday Sales: US New Vehicle Dealers Offer Enhanced Incentives
20 December 2023
3602
Winter Wheels American car dealers rev up the winter sales season. This year-end, they are rolling out generous incentives and discounts to clear out older vehicle stocks and make way for the exciting new models arriving in the new year. For over f...
UAW Files Unfair Labor Charges Against VW, Honda, Hyundai – Key Developments
12 December 2023
3796
Revving Up Change The UAW has taken a resolute stance against anti-union campaigns, recently filing charges against Honda, Hyundai, and Volkswagen. In an empowering video, Fain addressed challenges and discussed the union's strategic appro...
BMW to invest $1.7bn in electric vehicles production in the US
19 October 2022
3786
Electric cars from BMW Germany's BMW is investing $1.7bn in electric car production in the US. The head of the company, Oliver Zipse, told Reuters on Wednesday. He said the company plans to produce at least six models of BMW electric...
Tesla shares receive negative outlook from Swiss bank UBS
30 June 2021
4604
Forecasts from UBS Tesla shares fell on Tuesday as UBS cut its target price its growth forecast for the next 12 months was lowered from $730 to $660. Tesla (TSLA) remains the global leader in electric vehicles, an analyst at Swiss bank UBS said on ...
Hyundai-Kia and Nissan will not produce an electric car for Apple
15 February 2021
4349
Negotiations terminated Apple has failed to secure a partnership with either Hyundai or Nissan to create an Apple-branded autonomous electric car, according to responses from company offici...
Hyundai and Kia shares fell after Apple talks are denied
8 February 2021
3781
Negotiations by the companies Hyundai and KIA Motors (KS:000270) have denied media reports that they are allegedly in talks with Apple (NASDAQ:AAPL) to develop autonomous electric cars. The South Korean carmaker notes that it has received requests ...
Hyundai unveils HTWO brand of hydrogen cars
14 December 2020
3066
New version of the strategy Hyundai shared a news version of its automotive business strategy at an investment forum last Thursday. According to it, electric vehicles, fuel cell powertrains and autonomous driving systems are the news ...
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