Stubborn warranty costs push down Ford’s 2Q net profits, causing stock plunge in after-hours trading
DETROIT (news agencies) — In October of 2020, Ford’s then-new CEO Jim Farley said the company was working to cut ...
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Tesla’s 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans
DETROIT (news agencies) — Tesla’s second-quarter net income fell 45% compared with a year ago as the company’s global electric ...
Read moreChina’s exports grow 8.6% in June, beating forecasts despite trade tensions
HONG KONG (news agencies) — China’s exports beat forecasts in June, customs data showed Friday, while imports grew less than ...
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Europe is slapping tariffs on Chinese electric vehicles — for now. Here’s what to know
FRANKFURT, Germany (news agencies) — The European Union is imposing sharply higher customs duties on electric vehicles imported from China. ...
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Hurricane season 2024 is here. Here’s how to stay prepared
WEST PALM BEACH, Fla. (news agencies) — Hurricane season is upon us, known for disastrous flooding and high-speed winds in ...
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Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers
WASHINGTON (news agencies) — It’s a scenario that terrifies America’s auto industry.Chinese carmakers set up shop in Mexico to exploit ...
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China and the EU are open to talks on plans to hike tariffs on Chinese EVs
BANGKOK (news agencies) — China and the European Union are open to holding talks on the EU’s recent decision to ...
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Akio Toyoda, grandson of Toyota founder, wins shareholders’ approval to stay in leadership
TOKYO (news agencies) — Toyota shareholders voted Tuesday in support of all the company’s proposals, including keeping Akio Toyoda, grandson ...
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How Elon Musk’s $44.9B Tesla pay package compares with the most generous plans for other U.S. CEOs
Even though the median U.S. CEO pay package last year was nearly 200 times more than a worker in the ...
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Chinese premier flies to Australia after New Zealand visit
MELBOURNE, Australia (news agencies) — Chinese Premier Li Qiang is due to arrive in Australia on Saturday on a relations-mending ...
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