Monday, January 17th, 2022

Tag: December

Rivian COO stepped down in December; stock slide continues

Rivian Automotive Inc.’s COO stepped down last month while the EV maker was in the midst of its inaugural production rampup. Rod Copes left the company after he had held the title since March...

Dow jumps 250 points on first day of December, trimming recent losses caused by omicron variant

U.S. stocks rose on Wednesday, the first trading day of December, as certain companies that benefit from the economic reopening reversed some of their recent losses. The Dow Jones Industrial Average rose about 250...

Powell says Fed will discuss speeding up bond-buying taper at December meeting

Federal Reserve Chair Jerome Powell testifies before a Senate Banking Committee hybrid hearing on oversight of the Treasury Department and the Federal Reserve on Capitol Hill in Washington, U.S., November 30, 2021. Elizabeth Franz...

Deliveries of 2022 GMC Hummer Edition 1 pickup, with 329-mile range, to start in December

DETROIT — General Motors said it will begin delivering the GMC Hummer EV pickup to customers next month. Duncan Aldred, vice president of global Buick and GMC, said Tuesday the $112,595 Hummer Edition 1...

Toyota production back on track in December after chip-related cutbacks

The country’s biggest automaker also kept its production forecast unchanged at 9 million units for the fiscal year ending March 31, 2022. The automaker plans to manufacture 500,000 vehicles overseas and 300,000 in Japan...

Toyota output back on track in December after semiconductor cutbacks

TOKYO — Production is back on track at Toyota, with all plants and production lines in Japan scheduled to operate normally in December for the first time in seven months. Global production will reach...

Prices may cool off in November and December, Baltic Dry Index suggests

Shipping containers in the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, Oct. 13, 2021. Kyle Grillot | Bloomberg | Getty Images The rate of consumer price increases jumped to a...