“We do not see this production rate as operationally or financially sustainable,” said Efraim Levy, an analyst at CFRA Research, who cut his rating on the stock to sell.
Toyota Forklifts' Brett Wood explains how a culture of safety and open, honest communication drives continuous improvement throughout the company.
“Increased import tariffs could lead to a smaller GM, a reduced presence at home and abroad for this iconic American company, and risk less -- not more -- U.S. jobs,” the nation’s largest automaker said.
The batteries were delivered to 500 companies and mainly used for back-ups at industrial plants, between April 2011 and June 2018.
The manufacturer will keep Robert Bosch Manufacturing Solutions, a smaller part of the business that makes machinery for Bosch’s own automotive business.