Browsing: auto

Mercedes-Benz CEO Ola Källenius says automakers need to hunker down if they want to beat the Chinese.Källenius described the competition…

Europe’s top car giants appear to be increasingly concerned about the prospect of massive fines, particularly as electric vehicle demand…

DETROIT — Stellantis U.S. new vehicle sales continued a yearslong freefall during the third quarter, despite CEO Carlos Tavares’ attempts…

BEIJING (Reuters) – China urged the United States on Wednesday to stop “unreasonable suppression” of its companies, in response to…

By David Shepardson WASHINGTON (Reuters) -Top White House economic adviser Lael Brainard will lay out on Monday the Biden administration’s…

BEIJING (Reuters) – Car dealers incurred combined losses of 138 billion yuan ($19.55 billion) in the first eight months of…

By David Shepardson WASHINGTON (Reuters) – Investment firm Monroe Capital (NASDAQ:) LLC said on Monday it plans to launch a…

As the summer comes to a close, it seems that most of the worst-case economic scenarios have been avoided.The relief…

Cango Inc . (NYSE: NYSE:), a leading player in the Chinese automotive transaction service industry, reported its second-quarter earnings for…

Check out the companies making headlines in midday trading: Crocs — Shares of the footwear company gained nearly 2% following…