Automotive
US-European auto giant Stellantis, whose brands include Jeep, Fiat and Peugeot, reported Wednesday a record net profit in the first six months of the year, boosted by higher prices for its vehicles.
Jul 26, 2023
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Business
Taiwan's Quanta Computer confirmed it had "investment plans" in Mexico on Wednesday after the governor of Nuevo Leon announced the company would pump an additional $1 billion into his state.
May 24, 2023
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Business
Elon Musk on Tuesday dismissed speculation that he might step down as Tesla's CEO and told the company's annual shareholders meeting that the electric car and solar panel company would start doing some advertising.
May 17, 2023
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Business
The Mercedes team on Friday confirmed they had suspended a sponsorship deal with crisis-hit crypto currency exchange FTX and had removed the company's logos from their cars ahead of this weekend's Sao Paulo Grand Prix.
Nov 11, 2022
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Spanish carmaker SEAT said Wednesday that it plans to build Spain's first electric car battery plant as part of a 10-billion-euro investment in the country's electric car initiative.
Nov 9, 2022
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Automotive
The European Union threatened Monday to take retaliatory measures against the United States for electric car subsidies that favor domestic manufacturers.
Nov 7, 2022
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Business
Germany Siemens AG, global maker of big-ticket machines and industrial equipment and software, saw net profit rise 20% to 1.8 billion euros in the last three months of 2021 as the rebounding global economy increased orders ...
Feb 10, 2022
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Automotive
The head of Detroit's big international auto show says it will return to the Motor City next year, but with smaller indoor displays, and more emphasis on experiencing vehicles and technology outside.
Jun 17, 2021
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Automotive
ElectraMeccanica, known for its tiny, single passenger, three-wheeled electric cars, has chosen Mesa, Arizona, as the location for its U.S. assembly and engineering plant.
May 12, 2021
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Business
Volkswagen said Friday it was suspending production at its four plants in Brazil for 12 days because of a new surge of COVID-19 in the hard-hit country.
Mar 20, 2021
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