AD #3979 - GM Spends Billions on One-Time Charges; Lithium Mining Starts in Oklahoma; VW Could Sell German Plants to Its Chinese JVs
About this episode
Volkswagen is considering selling some German plants to its Chinese joint ventures, a move that could reshape its manufacturing strategy. GM reported strong revenue but faced significant one-time charges related to restructuring and autonomous tech, impacting profits. Long product cycles are becoming the norm as automakers manage EV investments and market uncertainties. Opel introduced a unique 4x4 commercial van with an electric rear axle, while Fiat is launching a new affordable hybrid and electric crossover. The US is advancing its EV battery supply chain with a major lithium refinery in Oklahoma. British off-road startup INEOS plans significant US sales growth with new models.
Chevrolet Equinox
"...utions reports that the next generation Chevrolet Equinox and GMC Terrain will not go into production in Me..."
Tesla Model
"... sale? And what will it cost? Is a new affordable Tesla model coming soon? And then the list goes on and on fro..."
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