Shares of Mercedes-Benz fell by eight percent today after the company lowered its earnings expectations for 2024 due to weaker demand in China. The company forecasts...
According to a report published by a Chinese news outlet, BYD has now taken full ownership of Denza, which was set up as a joint venture,...
Ford shares fell on Thursday after the automaker said on Wednesday it missed a second-quarter profit and did not raise its full-year profit guidance like its...
The former performance arm of Volvo, now a separate company, still relies on funding, which until now was flowing from Volvo. As EV sales seem to...
Geely has significantly increased its stake in Aston Martin, raising its ownership from approximately 7% to 17%. Geely invested £234 million ($291 million) to acquire more...
Berkshire Hathaway reduced its stake in Chinese electric vehicle maker BYD last week for the 11th time in less than a year. The share sale came just days before...
Aston Martin has gained Geely as a new investor following the completion of a rights issue first announced in July, which is aimed at raising funds...
Ford plans to sell 8 million of its Rivian shares. The lockup period for Rivian’s IPO will expire on Sunday, May 8. The lockup period refers...
As they say, all good things must come to an end so is the Nissan Mitsubishi relationship which will soon be over. Since after the whole...