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Renault, Geely Create Joint Venture for Hybrid, Combustion Engines
US News & World Report· 5 days agoThe 50-50 venture is a core element of Renault's strategy to stay in the race against larger competitors by signing multiple partnerships to reduce costs and access new markets. For Geely, the ...
US court approves $25 mln Allstate settlement in insurance rate class action
Reuters· 6 days ago, opens new tab of overcharging thousands of its automotive policyholders based on their willingness...
Indonesia cenbank says no outright RRR cut as it expands loan incentive scheme
Reuters· 1 day agoFrom June 1, lending to sectors such as automotive, trade, electricity, gas, and water utilities qualify for the incentives for relief from the 9% RRR rate. Banks can reduce ...
Advance Auto Parts Boosts FY24 Net Sales Outlook; Q1 Results Miss Estimates
RTT News· 6 days agoWhile reporting financial results for the first quarter on Wednesday, automotive aftermarket parts provider Advance Auto Parts Inc. (AAP) maintained its earnings and comparable ...
Exclusive: Vietnam expands massive bank rescue effort on deposit exodus, document shows
Reuters· 11 hours agoVietnam's central bank lent another $1.2 billion to ailing Saigon Joint Stock Commercial Bank over...
Republicans make Biden’s EV push an election-year issue as Democrats take a more nuanced approach -...
The Boston Globe· 2 days agoTrump even squeezed in an attack at the top of his remarks Friday after his criminal conviction in...
Car Battery Makers to Fight EU Cartel Charges at Hearing Next Week, Sources Say
US News & World Report· 6 days agoA group of car starter battery makers will contest European Union accusations of operating a cartel to fix battery prices at a closed hearing next week, people with direct knowledge of the matter ...
Boeing executives unlikely to be charged over 737 MAX crashes, source says
Reuters· 3 days agoBoeing executives are unlikely to be criminally charged over fatal crashes in 2018 and 2019 that killed 346 people as the statute of limitations has likely passed, U.S. Justice Department officials ...
India's Tata Steel CEO says want to move fast on UK decarbonisation
Reuters· 5 days ago, opens new tab wants to accelerate efforts towards decarbonisation in Britain, its chief executive...
Explainer: What to know as Mexico prepares to elect its first woman president
Reuters· 4 days agoMexicans head to the polls on Sunday in a historic presidential election in which the two main...