In a statement, Annalena Baerbock, the head of Germany’s Green Party said, it will seek to support the country’s industry’s aim to slash carbon emissions by ensuring that the state helps meet additional costs companies incur. She went on t… Read More ›
Volkswagen AG and Ford Motor Co plan to close down their auto financing business units in India and the companies will stop providing new credit to car buyers and dealers in the market, said reports quoting information from sources with… Read More ›
In a statement, electric vertical takeoff and landing aircraft (eVTOL) maker Vertical Aerospace said, it will go public through a merger with a blank-check firm in a deal valued at $2.2 billion. So far the company has pre-orders for up… Read More ›
For the first time in 14 months, vehicles sales in China fell by 3% in May 2021, compared to the same period a year earlier, according to industry data released on Friday. Data from China Association of Automobile Manufacturers (CAAM)… Read More ›
On Friday, Domino’s Pizza Group said, Neil Smith, its CFO will be leaving the company to join Fuller, Smith & Turner, a pubs and hotels chain, as its finance director. Smith is expected to join Fuller, Smith & Turner by… Read More ›
On Thursday, Chinese state television reported that Beijing has passed a law to counter foreign sanctions. The bill had undergone a secret first review in April, and was passed by China’s top legislature, the National People’s Congress (NPC) standing committee… Read More ›
In a statement the British government said, Prime Minister Boris Johnson and U.S. President Joe Biden are likely to collaborate in opening up the travel sector between the two countries “as soon as possible”. In his first overseas trip, Biden… Read More ›
In an internal memo, Deutsche Bank has named, Justin Smolkin and Ben Darsney as co-heads of equity capital markets (ECM) in the Americas. According to the internal memo, Smolkin, managing director, joined the company in 2017 while Darsney joined in 2010.
In a statement Stellantis said, a French court has charged its unit, Peugeot, with consumer fraud and ordered the company to provide $36 million (30 million euros) in in guarantees for potential payouts. The charge, part of a diesel emissions… Read More ›
Considering the environmental and other competing interests, it is imperative for the United States to work with its allies so that it is possible to secure the minerals that are critical for making electric vehicle batteries and process them within… Read More ›
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