Chinese automaker BYD said it plans to raise $5.6 billion via a share placement to enhance investments in cutting-edge technology and strengthen its competitive edge over rival Tesla TSLA4.68 ...
While the German automaker isn’t sending out holiday gifts anytime soon, they are offering a pretty sweet deal to entice some employees to call it quits. The company is reportedly handing out ...
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Just Auto on MSNGeely’s earnings surge threefold in 2024Chinese automaker Geely Automobile Holdings Limited reported a more than threefold increase in earnings in 2024.
The global battle for the world’s best-selling automaker has been a contested one for the last few years, but one conglomerate has always come out on top. Toyota returned to its place on the top ...
A year ago, Big Three automaker Stellantis (STLA) warned of a “turbulent” year ahead. The company probably had no idea how true that would be. Slumping sales, bloated inventory, and a ...
26. The automaker’s year-over-year net revenue fell 17% to 156.9 billion euro ($164.5 billion), with consolidated shipment volumes falling 12% due to temporary gaps in product offerings and ...
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