Automotive

Rivian Shares Fall 6% as CFO Claire McDonough Departs for GE Vernova

Rivian stock dropped about 6% on Thursday after CFO Claire McDonough announced she would step down to join GE Vernova during the automaker's affordable-EV

Sony Music, Warner Sue Anthropic Over Alleged Copyright Theft

Sony Music and Warner have sued Anthropic, alleging "blatant theft" of copyrighted lyrics used to train its Claude AI models as the firm eyes an IPO.

CIA Chief Ratcliffe Made Secret Moscow Trip to Warn Russia Off NATO

CIA director John Ratcliffe reportedly traveled to Moscow to warn Russia against attacking NATO states, US media said Thursday. The Kremlin dismissed the r

Qantas Shares Jump 4% on New Business Seats as Profit Hits Four-Year Low

Qantas shares rose 4% after unveiling new business-class seats, even as full-year profit fell to a four-year low on higher fuel costs.

Iran’s IRGC Strikes US Bases in Jordan After Larak Island Bombing

Iran's IRGC attacked US bases in Jordan on Monday after US forces struck two rocket launchers on Larak Island, sending oil prices up over 1%.

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...

- A word from our sponsors -

spot_img

Follow us

HomeBusinessAutomotive