Stellantis, the result of a merger between Fiat Chrysler Automobiles and Peugeot (PSA) in 2021, has been facing a challenging economic environment, with its stock …
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Audi, a subsidiary of the struggling Volkswagen Group, is targeting a reduction of around 15% in its workforce, primarily affecting so-called “indirect jobs” such as …
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Owners of affected vehicles are advised to follow the recommended safety measures until their vehicles can be repaired.
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China has elevated its dispute with the European Union over electric vehicle tariffs to the World Trade Organization (WTO), marking a significant escalation in the …
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German state-owned utility company Uniper is reconsidering the pace of its €8 billion (USD 8.7 billion) green energy transformation, citing slower than anticipated industrial demand …
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Saudi Aramco’s third-quarter profits declined 15.4% year-over-year, but the state-owned oil giant will maintain its substantial dividend payout amid growing pressure on Saudi Arabia’s public …
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The market had gained more than 2% in the previous session, buoyed by the decision from OPEC+ to delay a planned production hike in December.
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INDUSTRY NEWSLatest News
China pressures EU for fair EV trade solution as France defends bloc’s position
The EU launched an anti-subsidy investigation into Chinese-made battery EVs last year, citing concerns about unfair state subsidies.
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China’s leading electric vehicle (EV) manufacturer, BYD, has announced a major ramp-up in its production and hiring efforts as the company continues to capitalise on …
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In a sign of progress in the ongoing trade dispute between China and the European Union over electric vehicle (EV) tariffs, the Chinese commerce ministry …