Business From Engines to EVs: How China’s Rare Earth Curbs Are Shaking the Auto Industry The global automotive industry is sounding the alarm as China’s recent export restrictions on rare earth elements begin to ..
Business Nissan’s Road to Recovery: Job Cuts, Plant Closures, and Restructuring Nissan’s new CEO, Ivan Espinosa, has announced a bold short-term strategy to address the company’s ongoing struggles. Espinosa emphasized ..
Business Tesla Denies CEO Elon Musk Replacement Rumors Amid Market Volatility Tesla has firmly denied a recent report from The Wall Street Journal suggesting that the company’s board is actively ..
Business Volvo Cars Announces Global Layoffs and Investment Cuts Amid Earnings Drop Volvo Cars, the Swedish automaker owned by China’s Geely Holding, has unveiled a significant cost-cutting initiative in response to ..
Business Germany Calls for EU Action Against Trump’s Auto 25% Tariffs In a dramatic escalation of global trade tensions, German officials and automakers have slammed U.S. President Donald Trump’s decision ..
Business Xpeng’s Strong Momentum: 30,000+ Deliveries for Four Straight Months Chinese electric vehicle (EV) manufacturer Xpeng continues to solidify its position in the competitive EV market by delivering over ..
Business Rolls-Royce Surges 19% on Profit Beat and Dividend Reinstatement Shares of British aerospace giant Rolls-Royce hit a historic high on Thursday after the company announced better-than-expected financial results ..
Business Tesla’s Brand Value Declines for Second Straight Year, Down to $43 Billion Tesla, once a leader in the electric vehicle (EV) market, saw its brand value decline by a staggering $15 ..
Business GM and Ford See Strongest U.S. Sales in Five Years, Driven by EV Growth The U.S. automotive market continued its steady recovery in 2024, reaching its strongest performance since 2019. General Motors (GM) ..
Business Honda and Nissan Start Merger Talks and Aim to Create World’s Third-Largest Automaker In a groundbreaking move for the global automotive industry, Japanese automakers Honda and Nissan have officially announced the commencement ..