GM to buy back $10 billion in shares, cut Cruise spending
By David Shepardson General Motors said on Wednesday it will buy back $10 billion in shares and boost
2023-11-29 19:46
Signa Files for Insolvency as Cash Crunch Fells Luxury Empire
Tycoon Rene Benko’s Signa filed for insolvency after a last-ditch attempt to raise emergency funding failed, making the
2023-11-29 18:57
Exclusive-Huawei's new smart car firm valued up to $35 billion amid advanced stake talks -sources
By Julie Zhu and Zhuzhu Cui HONG KONG/SHANGHAI Huawei Technologies' new smart car software and components firm is
2023-11-29 14:53
Toyota Posts Record October Sales, Output on US Demand
Toyota Motor Corp. posted record October global sales and production on strong demand for its cars in North
2023-11-29 14:24
Musk’s Cybertruck Is Already a Production Nightmare for Tesla
The Cybertruck hasn’t even hit the market yet, and Elon Musk already is lamenting that Tesla Inc. has
2023-11-28 19:29
Some Huawei car businesses moving towards independence, autos chief says
SHENZHEN, China Huawei Technologies said some of its automotive partnerships, having gained skills in user experience, product design
2023-11-28 16:54
South African Plan Paves Way for $80 Billion Energy Transition
An $80 billion South African investment plan to begin transitioning the economy away from fossil fuels over five
2023-11-28 15:56
Reddit Leads Class of 2024 IPO Candidates Testing the Water
Reddit Inc. is again holding talks with potential investors for an initial public offering for the social media
2023-11-28 09:57
Denmark's Maersk sells remaining share holding in Norway's Hoegh Autoliners
OSLO Danish shipping firm Maersk has sold 20,000,000 shares in Norway's Hoegh Autoliners, cutting its holding to zero,
2023-11-28 04:58
Tesla Sues Swedish State, Postal Service Over Strike Actions
Tesla Inc has sued the Swedish state and the country’s postal service after a spiraling strike in the
2023-11-27 23:52
Volkswagen Tells Workers to Brace for Job Cuts in Savings Push
Volkswagen AG signaled it’s willing to push for job cuts at its namesake brand to reduce expenses and
2023-11-27 23:20
Global Goods Trade Rebounds on Demand for Cars, WTO Says
Global goods trade is recovering from a recent slump amid stronger demand for autos and electronics, the World
2023-11-27 19:52