Automotive
Ford Beats Q2 Revenue Expectations and Reinstates Full-Year Guidance Despite Tariff Challenges
Ford Motor reported second-quarter revenue that exceeded expectations and reinstated its full-year guidance, despite ongoing challenges from tariffs imposed by the U.S. government. The automaker had suspended its guidance...
Eli Lilly’s Mounjaro Shows Heart Health Benefits Over Trulicity in Landmark Trial
Eli Lilly announced that its diabetes drug Mounjaro has demonstrated heart health benefits in...
Best Buy to Launch Ikea Mini-Showrooms in Select Stores
Best Buy announced plans to introduce mini-showrooms within some of its stores, featuring Ikea...
JPMorgan Chase Expands with 1,000 New Branches in Seven Years
JPMorgan Chase has opened 1,000 new branches over the past seven years, a number...
Moderna Announces 10% Workforce Reduction Amid Declining Covid Vaccine Sales
Moderna announced plans to reduce its global workforce by about 10% by the end...
Gotion to build EV batteries in Europe with Slovakia’s InoBat
Chinese battery maker, Gotion High Tech Co., is set to revolutionize the European electric vehicle market with its new joint venture with Slovakian peer,...
Honda to merge production planning, engineering units in China to aid EV rollout
Honda Motor Co. is taking steps to bolster its business in China with a major merger of its production and engineering units. Effective April...
GM says China lab develops solid-state battery
The Shanghai-based science lab of the automaker has engineered a "revolutionary" high-power bipolar solid-state battery that is poised to shake up the game.General Motors...
China’s automobile industry registers steady expansion in 2022.
The Chinese automobile industry has been showing a stable growth trend in 2022, with impressive year-on-year increases in revenue and profits, according to data...
China car sales plunge 38% in January as subsidies, tax cut end
China's passenger car sales took a hard hit in January, with a 38% slump reversing the 2.4% gain from the previous month. As it...
