Oil prices edged higher on Tuesday, reversing losses from the previous session, as market participants showed cautious optimism regarding short-term price stability. The thin trading …

Toyota Motor Corporation has reportedly decided to establish a new factory in Shanghai, China, dedicated to producing electric vehicles (EVs) under its luxury Lexus brand, …

Arcadium Lithium announced on Monday that its shareholders have overwhelmingly approved the company’s $6.7 billion acquisition by Australian mining giant Rio Tinto. The deal, expected …

The European automotive sector, long considered a cornerstone of the region’s economy, is undergoing a turbulent phase. Several major manufacturers and suppliers have recently announced …

Volkswagen, Europe’s largest automaker, reached a groundbreaking agreement with labour unions on Friday to implement sweeping changes across its German operations, including the reduction of …

Oil prices showed positive movement on Monday, with both major benchmarks rising as lower-than-expected US inflation data strengthened market optimism about potential monetary policy easing. …

Oil prices experienced a decline on Friday as concerns mounted over demand growth prospects for 2025, particularly regarding China, the world’s largest crude importer. Global …

British car manufacturing has reached its lowest November output in more than four decades, according to new data released on Friday by the Society of …

Uber Technologies and its Chief Executive Officer Dara Khosrowshahi have each donated USD 1 million to the inaugural fund for then President-elect Donald Trump, marking …

Volkswagen and the powerful IG Metall labour union are locked in intense, marathon negotiations aimed at resolving a critical impasse over potential mass redundancies and …