German Budget Shock Major Blow for Economy, Habeck Warns
German Vice Chancellor Robert Habeck said last week’s ruling by Germany’s top court curbing the use of off-budget
2023-11-20 16:26
Cruise CEO Vogt Resigns After California License Suspended
Kyle Vogt resigned as chief executive of General Motors Co.’s autonomous driving unit, Cruise LLC, following the loss
2023-11-20 11:59
Asian Stocks Set for Mixed Open as US Rally Stalls: Markets Wrap
Asian stocks are set for a mixed open after a $2.7 trillion rally in US shares fueled by
2023-11-20 06:17
Hunt to Invest £4.5 Billion in British Manufacturing From 2025
Chancellor of the Exchequer Jeremy Hunt said he’ll plow £4.5 billion ($5.6 billion) of funds into eight manufacturing
2023-11-18 02:24
UAW members ratify Ford contract offering record pay hikes
United Auto Workers (UAW) members at Ford Motor have voted in favor of a tentative labor deal, the union's vote
2023-11-18 01:46
Trafigura Invests in Korean Plant Making Nickel Products for EVs
Commodity trader Trafigura Group is investing in a South Korean refinery that will give it access to nickel
2023-11-18 01:15
EV Charging Company ChargePoint Plunges After Sales Sag, Executives Are Replaced
ChargePoint Holdings Inc. shares collapsed after the company announced the sudden replacement of its longtime chief executive officer
2023-11-18 00:22
Stellantis workers vote to ratify new labor contract
By David Shepardson United Auto Workers (UAW) members at Chrysler-parent Stellantis NV have voted to ratify tentative record-setting labor deal,
2023-11-17 22:53
Volvo Cars shares plunge to record lows as Geely cuts stake
OSLO Shares of Swedish auto maker Volvo Cars fell 14% on Friday as its top owner, China's Geely,
2023-11-17 16:54
Apollo Agrees to Acquire Stake in Panasonic Automotive Systems
Panasonic Corp. has agreed to sell part of its automotive systems unit to Apollo Global Management Inc. and
2023-11-17 14:15
Tesla Has Not Yet Registered Investment in Mexico, Minister Says
Billionaire Elon Musk’s electric vehicle maker Tesla Inc. hasn’t yet formally registered its plans for investment in a
2023-11-17 13:53
Xpeng’s Gu Sees Margin Recovery After Bigger-Than-Expected Loss
Xpeng Inc. Co-President Brian Gu said he expects margins to turn positive this quarter, after the Chinese electric-vehicle
2023-11-17 12:56