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Export revenue is needed before an EV hub is built
Exit follows a series of high-level departures and financial pressures as car deliveries halve
Henry Mance plugged in, turned on and hit Interstate 80 to find out
Manufacturer benefits from Beijing’s push to foster leaders in artificial intelligence
If another cash outflow occurs, market doubts about its future will strengthen
If the online classifieds group spins off its car advertising arm, investors might well ask ‘was it worth it’?
Precipitous monthly drop highlights broader economic slowdown
UK luxury carmaker has been struggling since it floated in October
Subsidies requiring parts to be produced locally have taken toll on fledgling groups
July fall follows cuts to subsidies that had driven rapid growth
Slow battery gains mean green commercial jets will not take off for decades, if ever
Future success of ride-hailing group will need to extend far beyond a positive brand
German car parts group to invest in cleaner transport market amid fall in combustion engine sales
Funding was not secured.
Three things which caught our eye.
Move comes as ride-hailing group seeks to raise funds as ‘capital winter’ chills tech sector
FCA chief ‘interested in hearing’ from French rival as talks open over Nissan stake
Japanese carmaker warns that appreciating currency will erode value of sales
Slowdown in China is offset by strength in other markets
Krüger issues personal message to British prime minister as profits fall
Manufacturers cut costs as risk rises of slowdown spreading to wider economy
Italian bank and US carmaker investigate whether their data were caught up in huge breach
Truck sales boosted North American profits to a second-quarter record of $1.6bn
Fiat-Chrysler might have expected Paris to take tough line in merger talks
Prosecutors say Rupert Stadler knew of ‘manipulations’ but did not act