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Apr 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

General Motors

GM swings to profit, raises full-year outlook
Business & Finance

GM swings to profit, raises full-year outlook

  • Net income was $2.8 billion, or $1.90 a share, compared with a loss in the year-earlier quarter of $806 million, or 56 cents a share
  • GM said adjusted earnings before interest and taxes were a record $4.1 billion, and $8.5 billion in the first half
Updated 04 Aug, 2021 05:35pm
US stocks fall despite strong economic data
Markets

US stocks fall despite strong economic data

  • Also, new applications for US jobless benefits fell below 400,000 for the first time since the pandemic started, while a service sector index came in at an all-time high in May.
Published 04 Jun, 2021 09:34am
On top of zero-emission vehicles, GM looks to clean up its own operations
Business & Finance

On top of zero-emission vehicles, GM looks to clean up its own operations

  • The Detroit automaker released a series of new goals in its 2020 sustainability report, including reducing how much energy it takes to build vehicles and using returnable packaging.
  • The company said it wants to make packaging 100 percent returnable or made from mostly sustainable content by 2030. It did not have comparable numbers from 2020.
Published 30 Apr, 2021 09:01pm
Ford to offer hands-free driving in some car, truck models later this year
Business & Finance

Ford to offer hands-free driving in some car, truck models later this year

  • The automaker said its BlueCruise technology will be offered on its 2021 model year F-150 pickup trucks and the Mustang Mach-E electric crossovers equipped with its Co-Pilot360 driver assistance package.
  • Rivals General Motors Co and Tesla Inc also offer similar driving assistance technologies called the 'Super Cruise' and 'Autopilot', respectively.
Published 14 Apr, 2021 05:45pm