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Khaled bin Mohamed bin Zayed visits Al Hosn Festival

ABU DHABI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has visited Al Hosn Festival, organised by the Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi) from January 19-28 at the historic Al Hosn site. During the visit, His Highness toured handicraft ...

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GM to bring GMC trucks to China to help boost firm’s ‘flagging fortunes’

BLOOMBERG General Motors Co plans to brings its GMC truck brand to China to help boost the automaker’s flagging fortunes in the world’s largest car market. Sales of its Yukon large SUV will begin there this year, followed by GMC’s expansion to Australia and New Zealand in 2025, GM said in a statement. China remains a critical market for automakers, ...

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Polestar assigned no value by analysts cutting Volvo’s price target

BLOOMBERG Sweden’s Volvo Car AB saw its target price cut by more than a third to a new street low after analysts at SEB AB scrubbed the value they assign to the company’s 48% stake in struggling EV maker Polestar. Volvo Car’s new target price of 28 Swedish kronor per share follows “sizable estimate cuts” and “no longer attributing a ...

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