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Volvo Cars Announces IPO Plan That Could Value It at $25 Billion
Business, Published on 06/10/2021
» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.
Great Wall to make SUVs at smart factory
Business, Published on 02/06/2021
» Chinese automaker Great Wall Motor (GWM) is making Thailand its base for the company's first smart factory in Southeast Asia in a move to boost sales in international markets.
Musk Says He Once Approached Apple CEO About Buying Tesla
Business, Published on 24/12/2020
» Tesla Inc.'s effort to bring out its Model 3 brought the electric car company near collapse in 2018. Now Chief Executive Elon Musk has divulged a new twist: He says he contacted his Apple Inc. counterpart, Tim Cook, to save his company.