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Keyword: usautomakers

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  • SK makes last-minute attempt to overturn import ban in US

    03/04/2021 8:12:08 PM PST · by blueplum · 8 replies
    Korea Herald ^ | 02 Mar 2021 | Kim Byung-wook
    SK Innovation has asked the US president to intervene in its battery patent fight with LG Energy Solution, saying it might have to “abandon” a $2.6 billion production base in Georgia after its defeat last month in the top US trade court. Making a case for a presidential veto of the court decision, the South Korean firm gave a presentation to US government officials, which the Wall Street Journal reported underscored that the Georgia plant will create 2,600 new jobs and contained so far undisclosed plans to expand the complex by investing another $2.4 billion, which would create an additional...
  • Lights, camera, action in Detroit

    01/08/2006 11:29:00 AM PST · by george76 · 20 replies · 704+ views
    MarketWatch ^ | Jan. 6, 2006 | Shawn Langlois
    High expectations for U.S. automakers' new models... GM, its stock price at its lowest level in a generation, the sales pitch that it makes in the coming days will be fraught with risk and high expectations. After the shock of last year's record-high gas prices, the world's biggest automaker was forced to retool its product lineup of trucks and SUVs, belatedly recognizing that many consumers are leaning toward smaller vehicles. With its stock in the tank and its sales showing no sign of turning around, GM will try to breathe life into the ailing SUV segment with its hotly-anticipated GMT900...