Visitors look at a Ford car during the Shanghai Auto Show in China. File/Reuters
General Motors (GM) and Ford Motor announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the US automakers were hit by a slowing economy amid the Sino-US trade war.
Ford Motor’s shift in production at a Michigan plant to trucks from less profitable cars will lead to a more than $1 billion improvement in operating earnings, an official at the No. 2 US automaker said. The increase in earnings, before interest and taxes,
Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to slash development and manufacturing costs while positioning VW as the initial winner.
Ford announced a major push into electric vehicles in Europe, vowing to convert its entire passenger car lineup on the continent to electrics by 2030. Ford will spend $1 billion to revamp its factory in Cologne, Germany and make it a base for
“Dubai and the UAE continue to demonstrate their commitment to supporting the global technology community in accelerating growth and innovation, boosting resilience and driving its transformation agenda in the post-pandemic phase."
#StopTheWaste is a movement for change launched by the United Nations World Food Programme and aims to spotlight the global issue of food waste and offer a simple solution we can all take to fight hunger by just wasting less food.
Expo 2020 Dubai can serve as a role model for future global events in the new normal, to bring people from all over the world together again,