In a delicate dance of global economic and geopolitical forces, international oil markets experienced nuanced movements on Thursday, reflecting the intricate interplay between regional conflicts …

Uber Technologies has unveiled its innovative “XXL” service, strategically targeting the substantial Thanksgiving travel market whilst addressing economic challenges confronting the transportation industry. The company …

A coalition of nine Democratic senators has intensified pressure on the National Highway Traffic Safety Administration (NHTSA) to swiftly finalise and implement crucial vehicle safety …

Exxon Mobil has announced a significant non-binding lithium supply agreement with South Korean battery components manufacturer LG Chem, marking another strategic milestone in the company’s …

To compete, Spirit aggressively expanded its capacity by 27% over the past three years, incurring over USD 2 billion in debt during the same period.

Germany, where Volkswagen employs nearly 45% of its workforce, has the highest labor costs in the global automotive sector—averaging 62 euros (USD 66) per hour …

The majority of layoff notices – approximately 2,200 – were issued to workers in Washington, where Boeing assembles many of its commercial aircraft.

Among Duffy’s priorities will be reversing Biden-era vehicle emissions regulations, which Trump has criticised as overly stringent.

The decision to oust Lowe, who had led the company since 2017, comes as Wolfspeed grapples with significant headwinds.

Xiaomi’s move into the EV industry aligns with its long-term strategy of diversifying revenue streams and leveraging its expertise in consumer electronics and IoT.