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Experts Expect Stock Market Boost and Dividend Bonanza
The stock market is expected to shake off concerns about the economy, inflation, tariffs, and wars. Professionals are counting on a dividend party ahead of this year's first reporting season.
Honda and Nissan in merger talks
The Japanese car manufacturers Honda Motor and Nissan Motor are considering a merger, reports the Japanese newspaper Nikkei and other media. At the same time, information emerges that the Taiwanese iPhone manufacturer Foxconn wants to buy a controlling stake in precisely Nissan.
General Motors stops development of robot taxi
The American car giant General Motors (GM) is discontinuing the development of the self-driving taxi Cruise. The company refers to the fact that it wants to allocate money to other areas and the amount of "time and resources that would be required to increase production".
The Union Threatens with General Strike in South Korea
The Industrial Union KMWU in South Korea is threatening a general strike if the president remains in power. Among its members are employees of giants such as Hyundai and Kia Motors.
General Motors makes massive write-down on Chinese assets
The American vehicle concern General Motors (GM) will, after several years of headwind, write down and take other costs related to the operations in China of more than five billion dollars (approximately 55 billion kronor). Among other things, the value of partially owned companies in China will be written down by 2.
Mexico threatens retaliation against Trump's tariffs
Mexico's President Claudia Sheinbaum hints that Mexico may respond to Donald Trump's threats of punitive tariffs with its own fees and warns of the consequences. .
USA may scrap electric car bonus
The USA and its incoming president Donald Trump may be on their way to scrap the electric car bonus that car buyers can receive, reports Reuters, which is relying on anonymous sources with insight into the plans. .
General Motors and Philip Morris winners on the US stock exchange
The New York stock exchange fell in Tuesday's initial trading, but the three leading indexes recovered and closed near zero. The broad S&P 500 index fell 0.
General Motors performs better than expected
The American car manufacturer General Motors (GM) is increasing its profit forecast for 2024 in a quarterly report. The adjusted operating result is now estimated at 14-15 billion dollars.
Upwards on Wall Street – giants in the automotive industry down
The leading indexes on Wall Street were traded upwards on Monday – but within the automotive industry, it was still tough. Both Ford and General Motors fell.
GM starts selling adapter for Tesla chargers
Car owners with electric vehicles manufactured by American General Motors (GM) will, starting in September, gain access to competitor Tesla's fast-charging stations. This is the result of an agreement reached between the car manufacturers' CEOs Mary Barra and Elon Musk last year.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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