Category : Search result: General Motors profits


GM's Self-Driving Cadillac Escalade Challenges Tesla

General Motors unveils groundbreaking autonomous technology for the electric Cadillac Escalade IQ, positioning itself as a serious competitor to Tesla's Full Self-Driving system in the luxury EV market.

Orkney wind farm profits to fund local services

Orkney Islands Council announces groundbreaking plan to reinvest all profits from new wind farm directly into local services, creating a sustainable funding model for the community.

GM Slashes Dealer Incentives Amid Market Shift

General Motors dramatically cuts dealer incentives amid changing market conditions, signalling potential price increases for consumers as automotive industry faces new challenges.

Merlin profits surge as UK theme parks thrive

Merlin Entertainments reports impressive profit surge driven by strong performance at Thorpe Park and Alton Towers, with visitor numbers exceeding expectations across their UK attractions.

Lloyds Bank makes £450m profit from Ferrari stake sale

Exclusive analysis reveals how Lloyds Banking Group's patient investment strategy paid off spectacularly with their Ferrari stake, while Citigroup faces Hong Kong regulatory scrutiny in separate banking sector developments.

Gold breaks $4,000 barrier in historic market move

Gold prices smash through the $4,000 barrier for the first time ever amid Federal Reserve speculation and economic concerns, while Vertu Motors warns of profit hits from JLR supply disruptions.

Tesla Opens Superchargers to Ford, GM and Hyundai

In a groundbreaking industry shift, Tesla is opening its exclusive Supercharger network to major competitors including Ford, General Motors, and Hyundai, potentially revolutionising EV charging across America.

BM Homeware Slashes Prices in Profit-Boosting Sale

Popular UK homeware retailer BM launches major price reduction event, cutting costs on household essentials and furniture to drive sales and improve financial performance amid challenging market conditions.

Trader sues over £1.2M bonus after £6B profits

A high-flying City trader is suing his former employers after they allegedly withheld a seven-figure bonus following his team's extraordinary £6 billion profit-making performance during market turbulence.

Jamie Oliver pays £2.5m to himself as profits slump

Celebrity chef Jamie Oliver and his wife Jools paid themselves £2.5 million despite their restaurant group seeing pre-tax profits fall by 75%. The financial revelations come as the hospitality sector faces ongoing challenges.

Cadillac Advances 2026 F1 Bid with Driver Testing

General Motors' Cadillac racing division is making significant strides towards its 2026 Formula 1 debut, with drivers already undergoing simulator testing as the American manufacturer prepares to challenge F1's elite.

Thames Water creditors agree £1.6bn rescue deal

Thames Water's creditors have agreed to a crucial £1.6bn financial restructuring plan as Britain's largest water company battles to avoid collapse, while Tesco reports strong profits and markets react to economic uncertainty.

British Gas owner profits triple to £3.3bn

Centrica, parent company of British Gas, announces record profits while millions struggle with soaring energy bills, sparking political controversy and calls for windfall taxes.

Michelle Mone's Secret £29m PPE Profit Revealed

Explosive documents reveal Baroness Michelle Mone and her children secretly profited £29m from PPE Medro, the company she lobbied government to award massive pandemic contracts.

Dyson profits plummet 50% in challenging year

British tech giant Dyson faces a challenging year with profits nearly halving to £447m, as founder Sir James Dyson warns of 'difficult global conditions' impacting the premium appliance market.

Newsom attacks GM's Barra over electric vehicle retreat

California Governor Gavin Newsom launches a blistering attack on General Motors CEO Mary Barra, accusing the auto giant of betraying its climate pledges and American workers by scaling back electric vehicle commitments.

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