Business
October 22, 2024
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Hyundai Motor India’s shares decline in debut after record IPO

Some analysts are positive on the stock’s long-term prospects. Hyundai Motor India Ltd shares slipped almost 6% early in their Mumbai debut, a tepid start to trading for what was the nation’s largest-ever initial public offering.The shares traded as low as 1,844.65 rupees after they were priced at 1,960 rupees, the top of the marketed […]

Business
October 09, 2024
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Here's what investors need to know after GM's capital markets day

The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — Wall Street reacted to General Motors’ investor day on Tuesday with a shrug. Executives used the Detroit automaker’s event to focus on broad, near-term updates to the company’s operations in […]

Business
October 04, 2024
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Ford reveals new 2025 Expedition SUV, including off-road and 'Ultimate' models

2025 Ford Expedition Platinum Ultimate Ford DETROIT — Ford Motor is increasing the refinement and technology of its large Expedition SUV as part of a vehicle redesign to better compete with growing competition. The new three-row SUV features a smoother interior and exterior design, increased comfort and convenience features such as a 24-inch driver display, […]

Business
October 01, 2024
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GM reports 2.2% decrease in third-quarter sales, but EVs make gains

GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024. Michael Wayland / CNBC DETROIT — Increases in sales of electric vehicles and small crossovers helped General Motors report slightly better-than-expected sales during the third quarter. The Detroit automaker reported a 2.2% drop in third-quarter sales compared […]