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US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
Charting the Global Economy: IMF trims world growth projectionsThe International Monetary Fund has lowered its global growth forecast for 2026. This adjustment comes as the war in the Middle East has ca...
Stellantis is stronger after year of reckoning, says John ElkannStellantis is now prioritizing product enhancements after a period of cost reductions. The automaker is improving quality and expanding hyb...
Tether's $1.1 billion proposal to acquire Juventus Football Club pits new vs oldCrypto giant Tether Holdings has made a significant all-cash offer to acquire Juventus Football Club from the historic Agnelli family's inv...
EU seeking to buy time for emission-free cars transitionA potential turnaround is on the horizon for carmakers in Europe, as the EU contemplates easing its stringent regulations on emission-free ...
Merc, Stellantis scrap forecasts over levy tacticsStellantis, the company that owns Jeep, Peugeot, and Fiat, announced Wednesday it is putting its 2025 earnings forecast on hold. The reason...
First fallout from Donald Trump's stiff tariffs: Stellantis to shut down Canada's Windsor plant for two weeksStellantis NV is shutting its Windsor, Ontario, factory for two weeks due to new US tariffs. The factory, which produces minivans and the D...
Duty-wary automakers rush to White House to find workaroundFord Motor, General Motors and Chrysler parent Stellantis NV are lobbying the administration to exclude certain low-cost car components fro...
A ‘Made in China’ crisis awaits big autoThe profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political wrangling, labor u...
EV sales surge in UK as carmakers cut prices to dodge fines; still miss mandateAlmost one in three new cars registered in the UK last month were fully electric. Automakers are reducing prices of plug-in models to avoid...
BMW CEO Oliver Zipse says EU combustion-engine ban ‘no longer realistic’BMW CEO Oliver Zipse warns that the EU's plan to ban combustion-engine cars by 2035 will significantly shrink the automotive industry in Eu...
US ports are threatened with strikes in election-season joltSome 45,000 dockworkers at every major eastern and Gulf coast port are threatening to strike Oct. 1. With talks at a stalemate since June, ...
Foxconn, Stellantis JV set up R&D for automotive semiconductors tech in IndiaFoxconn India representative V Lee, in a social media post, said the R&D centre is poised to accelerate the company's innovative capabiliti...
A new wave of electric vehicles are ready to charge at 70 mphDespite the advances in electric vehicle range, range anxiety persists. Hybrid models, such as the forthcoming Ramcharger, use gas engines ...
GM hit with more strikes while Stellantis reaches deal with UAWUnion workers walked out of GM plants in Spring Hill, Tennessee, on Saturday evening as negotiations with the automaker faltered. An assemb...
Samsung, Stellantis choose Indiana in US for second joint EV battery plantWith their second joint battery factory, the two companies would have a combined annual production capacity of 67 gigawatt hours (GWh) at t...
Samsung SDI to invest $2 billion for second battery plant in US with StellantisSamsung said in a regulatory filing that it plans to execute the investment starting next April to November 2027.
Fiat wins EU top court fight over tax billThe EU Court of Justice annulled the European Commission's decision in a binding judgment on Tuesday, saying that its analysis was "erroneo...
Rivian stock skids as legacy automakers rev up EV targetsRivian's stock has slumped about 14% since the start of Wednesday, when Amazon.com Inc, one of Rivian's biggest investors, said it teamed u...
Vroom vroom! Maserati's new super sports car MC20 hits Italian streets, electric version expected soonThe MC20 will launch with an internal combustion engine, with a full-electric version expected later.