German Government to Approve Climate Fund Boost to €212 Billion
Chancellor Olaf Scholz’s government will on Wednesday approve a top-up of Germany’s special Climate and Transformation Fund by
2023-08-09 14:45
UAW Demands Would Add $80 Billion to US Carmaker Labor Costs
New contract demands made by the United Auto Workers union would add more than $80 billion to each
2023-08-09 08:21
Hedge Fund Shorts Nio and Honda, Favors Hyundai in Asia EV Race
An Asian hedge fund is shorting some Chinese and Japanese automaker stocks on bets they will lose out
2023-08-09 06:22
KKR Scoops Up Auto Loan Portfolio as Regional Banks Shed Assets
Private equity giant KKR & Co. has purchased a portfolio of prime auto loans from Georgia-based Synovus Financial
2023-08-09 02:52
Rivian’s Wounded Shorts Set for Potential Squeeze
Investors betting against Rivian Automotive Inc. have a lot riding on the electric vehicle maker’s results later Tuesday,
2023-08-09 01:54
UAW says Chrysler-parent Stellantis seeking concessions in talks
The United Auto Workers (UAW) union said Tuesday Chrysler-parent Stellantis is seeking numerous concessions in ongoing contract talks
2023-08-09 01:24
Italy seeks deal by end of year with Stellantis on car industry plan
MILAN (Reuters) -The Italian government aims to agree a broad plan to 2030 for the country's automotive industry with carmaker
2023-08-08 23:24
Tesla’s New CFO Now Has Two Jobs and a Lot of Question Marks
Tesla Inc. has a long history of promoting talent from within. Outside hires don’t last for very long
2023-08-08 19:49
TSMC Partners With Infineon, NXP, Bosch to Build German Chip Fab
Taiwan Semiconductor Manufacturing Co. has agreed to build a €10 billion ($11 billion) plant in eastern Germany in
2023-08-08 18:46
China's car sales fall for 2nd month in July as price war continues
By Qiaoyi Li and Miyoung Kim BEIJING (Reuters) -China's passenger vehicle sales fell for a second month in July, as
2023-08-08 17:29
Electric Vehicle Tech Manufacturer Proterra Files for Bankruptcy
Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Monday. The
2023-08-08 05:46
Germany Expects TSMC to Approve Dresden Chip Plant Tuesday
The German government expects Taiwan Semiconductor Manufacturing Co. to give the go-ahead for the construction of a €10
2023-08-08 00:59