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
1970-01-01 08:00
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
1970-01-01 08:00
Tom DeLonge teases Blink-182 are at their 'best' on comeback album
Tom DeLonge has teased fans are in for a treat with their forthcoming album.
1970-01-01 08:00
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
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
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
Volkswagen Takes $700 Million Xpeng Stake for EV Pact to Win Back China
Volkswagen AG plans to invest $700 million in Xpeng Inc. and jointly develop electric vehicles in China as
1970-01-01 08:00