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 09:50
Biden Set to Tighten Fuel-Efficiency Standards for Automakers
The Biden administration is poised to issue a proposal as early as Friday ordering automakers to increase the
2023-07-28 07:25
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 07:18
Hertz Beats Earnings Estimates Despite Falling Used-Car Prices
Hertz Global Holdings Inc. reported a per-share profit for the second quarter of 72 cents, beating the consensus
2023-07-27 20:28
New Corporate VC Fund Will Bet $100 Million on Electric Vehicles
Wex Inc., a major provider of vehicle fleet management for businesses and governments, is launching a new venture
2023-07-27 18:19
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 13:47
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 13:22
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
2023-07-27 12:54
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
2023-07-27 11:48
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 11:16
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,
2023-07-27 08:17
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
2023-07-27 00:27