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GM Expects US$1.6 Billion Loss on EV Production Cuts
By Teresa De Alba - Tue, 10/14/2025 - 16:36
General Motors expects a US$1.6 billion loss as US EV demand slows, citing production cuts and canceled contracts
https://mexicobusiness.news/tag/production-cuts
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Mixed Contracts Spark Interest: The Week in Oil and Gas
By Perla Velasco - Thu, 07/17/2025 - 08:01
Mixed contracts have sparked the interest of private players with at least 14 companies interested in partnering with the NOC.
Nissan Cuts Shifts, Offers Buyouts at US Plants Amid Challenges
By MBN Staff - Fri, 01/31/2025 - 17:33
Nissan cuts shifts and offers buyouts at US plants, potentially affecting 1,500 jobs, amid cost cuts and declining Altima and Rogue sales
Tesla Scales Back Model Y Production Amid Market Shift
By Óscar Goytia - Fri, 05/24/2024 - 16:48
Tesla slashed Model Y production in China by a third due to slowing demand and intensified competition.
Mexican Oil Prices Surge Amid Global Tensions
By Perla Velasco - Tue, 04/09/2024 - 10:08
Mexican crude oil prices have surged to their highest in six months, marking a notable increase in 2024.
Xiaomi Debuts Electric Vehicle: The Week in Automotive
By Óscar Goytia - Thu, 03/14/2024 - 10:30
Xiaomi enters the electric vehicle arena with the SU7, challenging Tesla and BYD. Explore this and more in our latest automotive industry roundup.
Nissan, Honda Weigh Production Cuts in China Amid EV Competition
By Óscar Goytia - Tue, 03/12/2024 - 17:26
Japanese automakers Nissan and Honda contemplate production cuts in China due to intensifying competition from local EV manufacturers.
Dos Bocas’ Cost Doubles: The Week in Oil and Gas
By Perla Velasco - Thu, 03/07/2024 - 11:09
After several delays, Dos Bocas is expected to reach full capacity in March. However, costs have more than doubled.
OPEC Extends Production Cuts 2Q024
By MBN Staff - Wed, 03/06/2024 - 10:44
Several OPEC+ countries have announced an extension of additional voluntary cuts of 2.2MMb/d for 2Q24.
Flat Oil Prices in 2024
By Perla Velasco - Tue, 01/16/2024 - 13:31
Analysts expect oil prices to remain between US$75/b and US$85/b, with little variation compared to 2023.