Automotive

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15 Most Valuable Asian Companies   https://www.youtube.com/watch?v=EdaNHXL0RO8     In this article, we are going to talk about the 15 Most Valuable Asian Companies. You can skip our detailed discussion about the Asian economy and go to 5 Most Valuable Asian Companies. The Asian Tiger is rising. The Earth’s largest and most populous continent is becoming a hub...
Ford beats Wall Street estimates, maintains 2021 guidance amid chip shortage   Ford beat Wall Street's expectations for the first quarter and maintained its 2021 guidance despite an ongoing semiconductor chip shortage. The company said it expects the chip shortage to decrease its earnings by $2.5 billion in 2020, which...
Volkswagen warns of worsening output hit from chip shortage -FT (Reuters) - Volkswagen AG has warned managers to prepare for a bigger production hit in the second quarter than the first due to a global chip shortage, the Financial Times reported on Saturday. "We are being told from the suppliers and...
Rolls-Royce in constructive talks with Spain over ITP Aero sale LONDON (Reuters) - British engineering company Rolls-Royce said it was in constructive talks with Spain over the sale of its Spanish unit ITP Aero, after a media report said Madrid could block the deal. Rolls-Royce is hoping to secure up to...
Honda will phase out gas-powered cars by 2040 https://www.youtube.com/watch?v=PPuoGUsNSPg   Honda said it will stop selling gas-powered vehicles by 2040. The automaker expects 40 percent of its sales globally to be comprised of battery-electric and fuel-cell vehicles by 2030, followed by 80 percent in 2035, and 100 percent of sales by 2040. Honda...
Toyota to review climate stance as investors turn up the heat TOKYO (Reuters) - Japan's Toyota Motor Corp signalled a shift in its climate change stance on Monday, saying it would review its lobbying and be more transparent on what steps it is taking as it faces increased activist and...
CNH Ends Talks With China’s FAW on Sale of Iveco Unit   The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco truck and bus business to China FAW Group Co., a move that was welcomed by the Italian and French governments. “CNH Industrial believes there are significant opportunities...
Renault seeks to generate 1 billion euros from 'circular economy' by 2030 PARIS (Reuters) - French automaker Renault will seek to generate more than 1 billion euros ($1.20 billion) in sales from the so-called "circular economy" by turning its Flins factory outside Paris into a research, recycling and repair centre,...
Audi just debuted its cheapest electric car   (CNN)Audi revealed its new Q4 E-Tron electric SUV Wednesday -- the company's cheapest electric model, with a starting price of $45,000. With federal electric vehicle tax credits, that means it should effectively cost $37,500 in its least expensive version. That's slightly less than a Tesla...
Inside Nissan's Battle With Ghosn: A Whistle-Blower Speaks Out Ravinder Passi uncovered flaws in Nissan’s investigation of Carlos Ghosn, then he faced a vicious blowback.   Nissan Motor Co.’s former top lawyer, who led an internal investigation into alleged financial misconduct by Carlos Ghosn, said he endured retaliation, demotions and even corporate surveillance of his...

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Why BP Stock Is Up By 6% Today   BP Raises Dividend And Announces New Buyback Program   https://www.youtube.com/watch?v=nJWBsxXKxPc   Shares of BP gained strong upside momentum after the company released its...
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American Express is the Dow’s top stock for 2021

American Express is the Dow's top stock for 2021 https://www.youtube.com/watch?v=RLSY6qS9IV0     New York (CNN Business)American Express is the top stock in the Dow so far this year, and AmEx's...
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