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GM says Korea labour costs have surged, but has no plans to exit

2015-04-02 08:59:03| Automakers - Topix.net

General Motors Co on Thursday said its labour costs have risen nearly 50 percent over the past five years in South Korea, where it makes nearly one-fifth of its global output, but that it does not plan to shut any of its four plants there. GM earlier this year said it plans to end production in Indonesia and cut operations in Thailand as part of broader restructuring.

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FedEx Q3 Net Income Surged By More Than 50%

2015-03-23 05:22:12| Air Courier - Topix.net

FedEx Corporation has reported a whooping 50% increase in net income, beating Wall street's expectations. For the period ending 28th February, FedEx reported a diluted EPS of $2.01, and a net income of $580 million.

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Auto Sales Surged in January, and Here Are the 10 Best-Sellers

2015-02-06 09:11:48| Auto Dealers - Topix.net

With January having already flown by, we've received the first batch of data concerning U.S. car sales, and so far, the industry is surging. Behind low gas prices, a slew of new and redesigned models, and overall increased confidence in the economy, it's clear that Americans are headed to dealerships, and snatching up new cars like hot cakes.

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Carfax Ford CPO Release PDFFORD CPO SALES SURGED 50% WITH EXPANDED CARFAX PARTNERSHIP

2014-10-13 20:50:51| AutomotiveDigest.com - Automotive Industry News

The Article Carfax Ford CPO Release PDFFORD CPO SALES SURGED 50% WITH EXPANDED CARFAX PARTNERSHIP appeared first on Automotive Digest.

Tags: sales release expanded partnership

 

TransCanada says Keystone XL costs surged during six years in limbo

2014-09-20 00:57:29| Energy - Topix.net

Costs for the long-delayed Keystone XL pipeline will likely balloon from US$5.4 billion to as much as US$10 billion, TransCanada Corp. confirmed Friday, as the project marked its sixth year in regulatory limbo. CEO Russ Girling told the Wall Street Journal that the price tag could rise to a "number that gets you into the high single digits to a 10 number."

Tags: years costs keystone limbo

 

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