Energy & Green Tech

Biden's auto dilemma: How hard to push for electric cars?

After four years of bitter fighting, California and the federal government agree they need to set ambitious climate goals, and major automakers are increasingly betting that the future of their business lies with electric ...

Automotive

Daimler to spin off trucks, change name to Mercedes-Benz

German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment ...

Automotive

Europe 2020 auto sales post record fall as virus hits

New car sales in Europe last year suffered a record fall of nearly 24 percent due to the coronavirus pandemic, the European Automobile Manufacturers' Association (ACEA) said Tuesday.

Business

High-flying Tesla stock takes a hit on 1st day in S&P 500

In the middle of last year, Tesla's losses were piling up, sales weren't enough to cover expenses and big debt payments loomed. The situation was so bad that one influential Wall Street analyst raised the possibility that ...

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