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
1970-01-01 08:00
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
1970-01-01 08:00
Mercedes Raises Guidance on Improved Car, Van Pricing
Mercedes-Benz Group AG raised its earnings forecast for the year after profit at its vans division rose in
1970-01-01 08:00
VW-Xpeng Deal Is Evidence of China’s Growing EV Dominance
German auto giant Volkswagen AG’s $700 million investment in Xpeng Inc. is a vote of confidence in the
1970-01-01 08:00
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%
1970-01-01 08:00
UK car output rises for fifth straight month in June - SMMT
British car production rose for the fifth consecutive month in June compared to last year as pandemic-induced chip
1970-01-01 08:00
US senators seek to reverse 'Buy America' waiver for EV charging stations
By David Shepardson WASHINGTON Four Republican U.S. senators on Wednesday sought to reverse a Biden administration decision to
1970-01-01 08:00
The UK Is at Least Half a Decade From Making 1 Million Cars Again
The UK is probably at least a half decade away from making 1 million cars a year again,
1970-01-01 08:00
In challenge to Tesla, major automakers launch EV charging network
A group of major automakers on Wednesday said they were forming a new company to provide electric vehicle
1970-01-01 08:00
Gasoline Is Surging All Over the World in Fresh Inflation Blow
The price of gasoline is starting to surge everywhere, an inflationary omen for central banks and governments the
1970-01-01 08:00
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.
1970-01-01 08:00
7 Automakers Team Up for New EV Charging Network: Can It Top Tesla?
Tesla Superchargers may be the undisputed champion of EV charging networks in the US at
1970-01-01 08:00