Booming Profits Bolster Japan Automakers’ Cautious Shift to EVs
Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all raised their operating profit forecasts for the
2023-11-10 09:00
Biden Supports UAW Organizing Tesla, Toyota Workers
President Joe Biden threw his support behind the United Auto Workers’ efforts to unionize employees at Tesla Inc.
2023-11-10 03:59
Li Auto’s Revenue Beats Forecast With Over 105,000 EVs Sold
Li Auto Inc. reported better-than-expected revenue after delivering more than 105,000 electric vehicles in the third quarter, up
2023-11-09 22:49
Auto Wage Hikes Complicate the Search for an Affordable EV
A combustion engine has about 2,000 moving parts. An electric motor, by comparison, has about 20. However, the
2023-11-08 23:56
Rivian Ends Amazon Van Exclusivity, Boosts Output Forecast
Rivian Automotive Inc. ended an exclusivity agreement to sell battery-electric vans to Amazon.com Inc. as the automaker raised
2023-11-08 07:46
Chipmaker SK Hynix Set to Grab Korea’s No. 2 Spot From LG Energy
South Korean chipmaker SK Hynix Inc. is poised to overtake LG Energy Solution Ltd. as the country’s second-largest
2023-11-02 09:51
Unions Are Winning Big for the First Time in Decades
Workers in the US are getting record-breaking wage hikes this year thanks to strategic strikes and stunning contract
2023-11-01 03:20
Stock Traders Face Pivotal Week as Apple Steals Fed Spotlight
A Federal Reserve meeting typically is the stock-market story of the week. Not so this time, however, as
2023-10-29 23:22
Market Turns Vicious on Profit Misses in Tough Earnings Season
Earnings season is halfway through, and one thing is becoming clear – equity investors are frustrated with all
2023-10-28 23:25
Cruise’s Suspension Marks a Setback for GM CEO Barra’s Vision
A couple of hours after Chief Executive Officer Mary Barra finished telling Wall Street analysts that the Cruise
2023-10-28 23:22
Tesla Reverses China Price Cut, Adding $2,000 to Model Y Variant
Tesla Inc. raised the price of its Model Y Performance sport-utility vehicle by around $2,000 in China on
2023-10-27 11:25
Lithium Rush Heats Up With SQM’s $1 Billion Azure Buy
Lithium mining giant SQM has won over Perth-based Azure Minerals Ltd. with a sweetened A$1.6 billion ($1 billion)
2023-10-27 10:49