“The industry thought Sergio was a mad man when he did that, and now he looks like a genius. He paved the way for everyone. Now, with the Detroit brands, virtually every car is under review.”
The lingering problems — from a business GE long ago left behind — underscore the high hurdles facing CEO John Flannery as he seeks to overcome flagging demand for the company’s gas turbines, oilfield equipment and locomotives.
“Auto companies need to quickly separate the stuff that will be swallowed by commodity from the brand stuff,” the Fiat Chrysler Automobiles NV CEO said.
The oil and gas producer will acquire a 44% stake in Silicon Ranch Corp., which owns and operates about 100 solar facilities across the U.S.
Emirates is the only airline with enough capacity to take enough planes to keep the program alive, the Airbus sales chief said.
“We want to gain market share and grow from a niche player, to a truly relevant brand in the United States.”
"The era of oil and gas and petrochemicals is not over, but the era of electric transport is also coming in. The world is changing and if our customers’ needs are changing, we have to change with them,” said Shell CEO Ben van Beurden.
Here’s a rundown of what show-goers will be talking about — that is, when they aren’t stalking a new Chevy Silverado, Ford Ranger or Ram 1500.
Recent news of vulnerabilities in Intel’s processors has driven the wedge between the two, forcing Microsoft to do much of the work to patch security holes.
The automaker will send $2,000 checks to about 60,000 U.S. workers.