Showing 1 - 10 of 231
Trump goads China after Beijing retaliates in global trade war
AFP, Published on 05/04/2025
» WASHINGTON — United States President Donald Trump goaded a "panicked" China on Friday after the chief US economic rival retaliated against his tariffs and he dismissed stock market panic over the growing global trade war, touting the chance to "get rich."
Honda-Nissan merger talks gain momentum
Published on 18/12/2024
» TOKYO - Nissan Motor Co is in talks with its Japanese rival Honda Motor Co to merge, in a deal that would help the ailing company survive, while also creating the world’s third-largest automaker with a better chance of withstanding the industry’s challenges.
Stellantis to Stop Operations at Jeep Cherokee Factory
Business, Published on 12/12/2022
» Jeep maker Stellantis NV said on Friday that it would stop operations at a 1,350-employee assembly plant in Illinois, citing the need to control costs in the face of supply-chain disruptions and high expenses associated with moving to electric vehicles.
This Auto CEO Won't Put Remote Work in Reverse
Business, Published on 11/07/2022
» For one week each month Carlos Tavares runs a global auto giant from his living room in Lisbon, surrounded by his grandchildren.
Quitting Russia Could Be Just the Start of Renault's Shake-Up
Business, Published on 18/05/2022
» Renault SA has had a terrible few years, culminating in the costly exit from Russia announced Monday. But if this latest crisis finally forces the French car maker -- and its backseat-driving government shareholder -- to rethink its capital allocation, all might be forgiven.
Stellantis Shareholders Reject Executive Pay Packages
Business, Published on 15/04/2022
» Stellantis NV shareholders took the unusual step Wednesday of rejecting the Jeep maker's pay plan for top executives, including chief executive Carlos Tavares.
Tesla Gets Approval to Start EV Production in Germany
Business, Published on 07/03/2022
» Tesla Inc. has secured local approvals in Germany to formally begin electric-vehicle productions at its new plant outside Berlin, a key pillar of chief executive Elon Musk's push to rapidly boost output and sales.
Jeep Plans Line of Fully Electric SUVs
Business, Published on 03/03/2022
» Jeep, a historic American brand that has long been known for its rugged sport-utility vehicles, plans to offer a line of fully electric SUVs in the coming years, as part of a broader strategic road map unveiled Tuesday by parent company Stellantis NV.
BMW Takes Control of China Venture, Sees Big Profit Gains
Business, Published on 14/02/2022
» Bayerische Motoren Werke AG said it has taken majority control of its Chinese joint venture, securing its grip on its operations in the world's biggest auto market.
Jeep Maker Stellantis Bets on Software to Boost Revenue
Business, Published on 09/12/2021
» Stellantis NV chief executive Carlos Tavares is looking to give the global auto manufacturer a major tech upgrade.