Honda Motor Co., Ltd. (HMC)
- Reuters
Foreign automakers eager for Chinese partners at Beijing auto show
Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking to catch up to surging China EV makers that are dominating the world's largest auto market. The show that started this week showcased a marked shift in attitude among some foreign automakers, industry executives said. After being impressed by the bold leaps made by BYD and other Chinese automakers at last year's event in Shanghai, foreign automakers are now avidly searching for Chinese partners and announcing new tie-ups, the executives said.
- Barrons.com
Tesla, GM, and Ford Had a Huge Week. Take a Look at the Numbers.
Tesla General Motors and Ford Motor all reported earnings. The Beijing Auto Show had some electric-vehicle-battery bombshells for investors to digest. Starting with earnings, Tesla generated $1.2 billion in operating profit in the first quarter, or about $3,000 per vehicle sold.
- Reuters
PRESS DIGEST- New York Times business news - April 26
The following are the top stories on the New York Times business pages. - Southwest Airlines is ceasing operations at four airports, and reducing flights from others, in an effort to cut costs as its growth plans were also curtailed by fewer-than-expected plane deliveries from Boeing. - BHP Group, the world's largest mining company, has proposed a takeover of its rival Anglo American, in a deal valued at 31.1 billion pounds ($38.87 billion)that has the potential to shake up the industry at a time when demand for copper is soaring.
