Although both carmakers are holding exploratory talks on ways to deepen their alliance in the area of autonomous vehicles, taking a stake in rival Daimler is not currently part of its playbook. On Tuesday, BMW’s Chief Executive Harald Krueger made… Read More ›
The British Chambers of Commerce (BCC) has warned of greater economic harm if the geo-political scenario does not quickly get a more stable footing. As per the British Chambers of Commerce (BCC), companies across industry segments are looking to cut… Read More ›
Given Renault’s stake in Nissan, Jean-Dominique Senard, Renault’s chairman, will be joining Nissan’s board. On Wednesday, the Financial Times reported citing sources with knowledge of the discussions at hand, Nissan Motor Co Ltd’s independent committee on governance is likely to… Read More ›
The U.S. Commerce Department is slated to send a confidential report to U.S. President Donald Trump clearing the way for him to potentially impose tariffs on imported autos and auto parts on the grounds that they threaten U.S. national security…. Read More ›
Manufacturing companies appear to be done with contingency plans. They are now doubling down on their alternative plan and moving their production out of Britain due to lack of clarity from Brexit. As per a report from The Times, Ford… Read More ›
The Financial Time’s report had cited sources and a fund raising document, and stated, Berkshire Hathaway’s geothermal wells could produce up to 90,000 tonnes of lithium a year worth $1.5 billion at current prices. Berkshire Hathaway Energy Co, a unit… Read More ›
Trump’s has secured a 90 day cease-fire with China which allows negotiators 90 days to bring about “structural changes” to China’s policies on intellectual property protection, technology transfers, services and agriculture, cyber theft, non-tariff barriers and cyber intrusions. U.S. President… Read More ›
Carlos Ghosn is suspected to have under reported his income in his tax filings. Carlos Ghosn, Chairman of Nissan Motor Co Ltd has been arrested by prosecutors from Tokyo for alleged violation of Japan’s financial instruments and exchange act. As… Read More ›
With battery technology being central to electric cars, Germany is exploring ways to boost the industry by supporting and exempting it from certain energy levies. On Tuesday, Germany’s Economy Minister Peter Altmaier said, the government is willing to support battery… Read More ›
U.S. tariffs on imported aluminum will not only see a cost increase ripple through supply chains of carmakers but also risks retaliation from major partners. On Friday, Japan’s Toyota Motor Corp stated the imposition of stiff tariffs on imported aluminum… Read More ›
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