EconomyExclusive: Stellantis, GM pay $363 million in US fuel economy penaltiesJune 2, 202370WASHINGTON, June 2 (Reuters) - Chrysler parent Stellantis (STLAM.MI) and General Motors (GM.N) paid a total of $363 million in...
InvestingWall Street ends mixed as investors await debt ceiling talksMay 22, 202360U.S. debt limit talks to kick off at 5:30 p.m. ETSome tech stocks lift Nasdaq, regional bank stocks upChina's Micron...
InvestingNorthvolt to build multi-billion euro battery plant in GermanyMay 12, 202391Northvolt could invest 3-5 bln in plant - sourcesSubsidies of around half a billion subject to approval - sourcesEurope, U.S....
FundsFerrari fever? Classic cars roar into investment fundsApril 15, 202351Rise of classic cars beats wine, watches and art - index1962 Ferrari fetches $48 mln, 1955 Mercedes-Benz $149 mlnAsset managers...
EconomyUS proposes to slash EV mileage ratings to meet fuel economy rulesApril 11, 202376WASHINGTON, April 10 (Reuters) - The U.S. Energy Department (DOE) on Monday proposed reducing electric vehicles' (EV) mileage ratings to...
InvestingVolkswagen to invest in mines in bid to become global battery supplierMarch 17, 2023138BERLIN, March 17 (Reuters) - Volkswagen (VOWG_p.DE) plans to invest in mines to bring down the cost of battery cells,...
InvestingVolkswagen to invest $193 bln over 5 years to hit EV targetMarch 14, 202373VW investing up to 15 bln euros in batteries, raw materialsTwo-thirds of 5-yr budget for electrification, digitalisationSoftware unit Cariad saw...
FundsExclusive: To tap U.S. government billions, Tesla must unlock EV chargersFebruary 10, 202366Feb 10 (Reuters) - Tesla CEO Elon Musk has often talked about opening his Supercharging network to competitors, but has...
PensionEXCLUSIVE Korean auto giant Hyundai investigating child labor in its U.S. supply chainOctober 21, 2022131DETROIT, Oct 19 (Reuters) - Hyundai Motor Co (005380.KS), Korea's top automaker, is investigating child labor violations in its U.S....
InvestingBMW invests $1.7 bln to build electric vehicles in U.S.October 19, 202286SPARTANBURG, South Carolina Oct 19 (Reuters) - BMW AG (BMWG.DE) said on Wednesday it will invest $1.7 billion to build...