automaker
Coverage of automaker in the Nexus archive.
- Hyundai has grown more than any automaker in the U.S. — and it's not done yet
Hyundai, a South Korean automaker, has reportedly grown more than any automaker in the U.S. To sustain this growth and capture greater market share, the company plans to ramp up production at a new $7.6 billion plant located in Georgia.
- Stellantis swung to a profit from a year-ago loss, but the stock sank on weak margins
Stellantis reported a net profit of €293 million, reversing a year-ago loss, but adjusted operating income missed analyst estimates. The stock declined due to weak margins.
- Managed, bidirectional EV charging advances with utility, automaker support
General Motors and Rivian have highlighted advancements in managed, bidirectional electric vehicle charging through recent announcements. These developments emphasize the potential of the U.S. electric vehicle fleet for load management, supported by utilities and automakers.
- Nissan Shares Climb After Forecasting Profit Instead of Loss
Nissan shares increased after CEO Ivan Espinosa announced a strategy to revitalize the automaker's aging product lineup and set ambitious sales targets in the US and China, forecasting a profit instead of a loss.