China Stops Short of Direct Consumer Support to Spur Economy
China is seeking to boost consumption to spur the economy’s recovery, although the government has stopped short of
2023-07-31 12:25
Europe Faces ‘Difficult Decade’ Against US, China, Port CEO Says
Europe’s car and chemical makers are at risk of losing competitiveness to China and the US as both
2023-07-29 14:19
DeSantis to Unveil Economic Agenda in Bid to Revive Campaign
Republican presidential contender Ron DeSantis will call for faster growth, unleashing US energy production and further decoupling from
2023-07-29 03:53
Toyota Car Sales, Output Hit Record in June; China Retreats
Toyota Motor Corp. manufactured and sold a record number of vehicles in June as operations continued to recover
2023-07-28 15:16
Evergrande EV Unit Slumps 68% as Trading Resumes After Long Halt
China Evergrande New Energy Vehicle Group Ltd. tumbled 68% early Friday as trading resumed in the troubled company’s
2023-07-28 09:56
Ford Blames EV Price War for Delay in Plans to Boost Output
Ford Motor Co.’s is throttling back on plans to ramp-up electric vehicle production, pointing the finger at a
2023-07-28 07:25
Volkswagen Earnings Miss on Hedging Effects, China Pressure
Volkswagen AG posted worse-than-expected earnings in the second quarter amid negative effects from commodity hedging and intensifying competition
2023-07-27 13:49
Mercedes Raises Guidance on Improved Car, Van Pricing
Mercedes-Benz Group AG raised its earnings forecast for the year, helped by rising sales for high-end cars and
2023-07-27 13:25
Renault’s Margin Rises to Record on Strong Car Demand, Prices
Renault SA’s first-half earnings exceeded recently upgraded expectations as the French carmaker continues to see strong demand and
2023-07-27 13:20
Hong Kong’s Hang Seng Tech Index Rises 20% From May Low
A gauge of China tech shares traded in Hong Kong extended gains from a May low to 20%
2023-07-27 11:55
Seven major automakers, including GM, Stellantis and Honda, join to create US charging network
Seven major automakers are coming together to create a joint venture that will build out a large electric vehicle fast-charging network in the North America, in an attempt to make electric vehicles more attractive to consumers. The companies -- General Motors, BMW Group, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis -- plan to install at least 30,000 chargers in the United States and Canada.
2023-07-26 23:48
Stellantis Profit Beats as CEO Says More Costs Cuts to Come
Stellantis NV posted better-than-expected earnings in the first half of the year as supply-chain and logistics snarls eased
2023-07-26 15:27