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Published on 18:49 GMT

Chief Executive Reveals Why Nissan Collapse May Be Imminent As 7,000 UK Jobs Hang In The Balance

Nissan, once a titan of the automotive world, is now teetering on the brink of collapse, jeopardising the livelihoods of 7,000 UK workers. Amid the crisis, financial mismanagement, fierce competition, and an inability to adapt to market changes have left …

Source: International Business Times - United Kingdom - Neutral
Published on 13:51 GMT

Nissan's fight for survival as it faces make-or-break 12 months: From battling influx of cheap Chinese electric vehicles ...

Warnings Nissan is on the brink of collapse follows a brutal few years at the carmaker, which has been battered by leadership chaos, strategy failings and fierce competition from Chinese rivals. Like many global automakers, the Japanese giant is …

Source: Daily Mail - Right-wing
Published on 17:15 GMT

Stellantis Says Goodbye To 'Performance Psychopath' CEO

Carlos Tavares, a self-proclaimed "performance psychopath" who drove auto giant Stellantis with aggressive cost-cutting and high car prices, reached the end of the road as CEO when his strategy hit a dead end. Tavares engineered one of the most …

Source: International Business Times - Label Pending
Published on 15:19 GMT

Revolt at Volkswagen: Electric car crisis spreads to Germany as it plans to close factories for the first time in its ...

Workers at Volkswagen factories across Germany have begun strikes after the manufacturer threatened to close plants amid falling demand and a slower-than-expected transition to electric vehicles. Workers on their morning shifts went on strike for two hours …

Source: Daily Mail - Right-wing
Published on 19:16 GMT

Giant Motors CEO in Mexico ‘unfazed’ by Trump tariff threats

The CEO of the only company that makes Chinese vehicles in Mexico is unfazed by the possibility that new tariffs could be imposed on Mexican exports and imports of foreign goods to Mexico. Elías Massri, chairman of the board and CEO of Giant Motors …

Source: Mexico News Daily - Center-left
Published on 13:18 GMT

5 problems the next CEO of Jeep's owner will have to fix

Stellantis is facing more upheaval after CEO Carlos Tavares resigned on Sunday. The Jeep and Chrysler owner is battling sliding sales and fierce competition from Chinese rivals. Analysts say Stellantis' problems are unlikely to be solved anytime soon. …

Source: Business Insider - Neutral
Published on 08:53 GMT

Chinese automakers BYD, Leapmotor and Xiaomi smash annual delivery targets ahead of schedule

BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July 17, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Chinese automakers BYD, Leapmotor, and Xiaomi have raced past their annual …

Source: CNBC - Neutral
Published on 09:00 GMT

Seeking higher margins, Stellantis CEO Tavares lost some core customers

By Giulio Piovaccari, Alessandro Parodi and Inti Landauro MILAN (Reuters) - When 24-year-old Elena Aragon set out to buy a new car, she reviewed a range of no-frills brands in her home town of Cadiz, Spain, including Stellantis' Fiat and Peugeot. In …

Source: Yahoo Finance - Label Pending
Published on 09:46 GMT

BYD Surpassed Tesla In Quarterly Revenue For The First Time In Q3. It Assembles Over 30% Of iPads For Apple, And Is Now ...

China’s BYD Co. BYDDF BYDDY, Tesla Inc.’s TSLA biggest electric vehicle rival, has quietly become a major force in Apple Inc.’s AAPL manufacturing ecosystem, now assembling more than 30% of iPads while planning an ambitious artificial intelligence venture …

Source: Benzinga - Neutral
Published on 03:37 GMT

Chinese EVs boost green transformation in Kenya

On a bustling Monday morning, Patrick Opiyo drives his electric taxi, fulfilling ride-hailing orders in the busy streets of Nairobi, Kenya. Thanks to the car's quiet operation, his passengers are able to relax or even work without distractions in his …

Source: China Daily Global - Gov't Propaganda
Published on Dec 1, 2024

Tesla Rivals BYD, XPeng, Zeekr Report Record EV Sales; Nio, Li Auto Decline

Tesla (TSLA) rivals BYD (BYDDF), XPeng (XPEV) and Zeekr (ZK) set new record sales, while Li Auto (LI) and Nio (NIO) on Sunday reported deliveries fell slightly vs. October. Overall it was a strong month, following a robust October for China EV sales. ↑ X …

Source: Yahoo Finance - Label Pending
Published on Dec 1, 2024

The 'real reason' for Nissan collapse revealed as car manufacturer's finance chief steps down amid bankruptcy battle

Cheap Chinese electric vehicles are being blamed for the collapse of car manufacturer Nissan. The Japanese auto firm, which employs 7,000 people in the UK and 17,000 in the US, has embarked on a huge cost-cutting programme after suffering heavy losses. …

Source: Daily Mail - Right-wing
Published on 13:56 GMT

Greatest threat to Trump’s dollar is Trump himself

This article is an on-site version of our Trade Secrets newsletter. Premium subscribers can sign up here to get the newsletter delivered every Monday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters We’re asked to use the …

Source: The Financial Times - Neutral
Published on Nov 28, 2024

BYD prepares to go for the kill in Chinese EV market, leaked letter shows plans to intensify price war

BYD’s aggressive pricing strategy appears to be paying off — the Chinese EV maker recently overtook Tesla in revenue for the first time, reporting a gross margin of 21.9 per cent, its highest in a year read more If some auto experts are to be believed, BYD …

Source: Firstpost - Center-right
Published on Nov 30, 2024

The EV Transition Is Leaving the UK Auto Industry Behind

Breadcrumb Trail Links PMN Business Stellantis is shutting down its Vauxhall factory in Luton after 120 years, as the UK government grapples with the balance between new vehicles and older jobs. Author of the article: Bloomberg News Jamie Nimmo Published …

Source: Financial Post - Center-right
Published on 05:21 GMT

Building Apple products has become a side hustle for China’s biggest EV maker

BYD, known globally as Tesla’s most formidable EV competitor, has a second business manufacturing electronics, and it has grown to assemble more than 30% of Apple’s tablets, according to industry executives and analysts. The Chinese company said it had …

Source: Mint - Neutral
Published on Nov 27, 2024

Anna Nagurney Comments on the Impact of Trump's Promised Tariffs on Auto Industry

President-elect Donald J. Trump’s threat to impose 25 percent tariffs on goods from Mexico and Canada sent shivers on Tuesday through the auto industry, which depends heavily on both countries for parts and manufacturing. The prospect of tariffs “is a two- …

Source: UMass Amherst - Neutral
Published on Nov 27, 2024

Carmaker jobs and emissions targets in the balance amid ‘weak’ demand for EVs

Plant closures and job cuts at major manufacturers, and wider industry concern, have prompted a review of the zero emission vehicle (ZEV) mandate, which sets out plans for all new cars and vans to be zero emission by 2035. At the Society of Motor …

Source: Institution of Mechanical Engineers (IMechE) - Label Pending
Published on Nov 27, 2024

The electric car revolution that's running out of road: How Labour's EV targets are putting jobs and investment at risk -...

Labour has been accused of not doing enough to support car makers and encourage the uptake of electric cars since coming to power - putting jobs and investment at risk as Britain's car market is flooded with cheap Chinese imports. Experts including …

Source: Daily Mail - Right-wing

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Published on December 2, 2024 - 21:05 GMT

Zscaler Reports First Quarter Fiscal 2025 Financial Results

First Quarter Highlights Revenue grows 26% year-over-year to $628.0 million Calculated billings grows 13% year-over-year to $516.7 million Deferred revenue grows 27% year-over-year to $1,783.7 million GAAP net loss of $12.1 million compared to GAAP net …

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Published on December 2, 2024 - 21:05 GMT

Credo Reports Second Quarter of Fiscal Year 2025 Financial Results

SAN JOSE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficiency as data rates and corresponding bandwidth …

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Published on December 2, 2024 - 21:15 GMT

Ocean Power Technologies Pre-Releases Preliminary Financial Results for Second Quarter Fiscal 2025

MONROE TOWNSHIP, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced preliminary financial results for the second quarter ended October 31, 2024 (Q2FY25 …

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Published on December 2, 2024 - 13:49 GMT

Yinson Production and PTSC joint venture wins FSO contract with a subsidiary of Murphy Oil Corporation in Vietnam

Yinson Production Offshore Pte. Ltd. (LSE:YPCORP) SINGAPORE, SINGAPORE, December 2, 2024 /⁨EINPresswire.com⁩/ -- Singapore, 2 December 2024 – PTSC Asia Pacific (“PTSC AP”), a joint venture between Yinson Production (49%) and PetroVietnam Technical …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on December 2, 2024 - 21:05 GMT

Inari Medical Announces Joint Venture in Greater China

IRVINE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Inari Medical, Inc. (NASDAQ: NARI) (“Inari”), a medical device company with a mission to treat and transform the lives of patients suffering from venous and other diseases, today announced it has entered …

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Published on December 2, 2024 - 21:05 GMT

Riyadh Metro Successfully Delivered by Parsons-Led Joint Venture

CHANTILLY, Va., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN), announced today that the official inauguration took place on 27 November 2024 for the $27 billion Riyadh Metro. Parsons is one of three consultants working as part of a …

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Published on December 2, 2024 - 20:03 GMT

PACS Group (PACS) Shares Crash After Hindenburg Research Takes Aim – Hagens Berman

SAN FRANCISCO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- PACS Group, Inc. (NYSE: PACS) and certain of its key executives have been named as defendants in a securities class action brought on behalf of PACS investors alleging violations of the U.S. securities laws. …

Distribution channels: Consumer Goods, Law ...
Published on December 2, 2024 - 20:14 GMT

Zeta Global Holdings (ZETA) Faces Investor Class Action Alleging Revenue Round-Tripping & Improper Use of Consent Farms –...

SAN FRANCISCO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Zeta Global Holdings Corp. (NYSE: ZETA) and certain of its top executives are now the target of a securities class action. Hagens Berman is investigating the allegations and urges investors in Zeta who …

Distribution channels: Consumer Goods, Law ...

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 11/19/2024

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Published on December 2, 2024 - 23:37 GMT

Helix Biopharma Corp. Enters into Asset Purchase Agreement to Acquire Oral Gemcitabine Chemotherapy Compound

The acquistion forms part of an ambitious, yet pragmatic strategy to create a near future where hard-to-treat cancers are less hard-to-treat Helix Biopharma Corp. (TSX:HBP) TORONTO, ONTARIO, CANADA, December 2, 2024 /⁨EINPresswire.com⁩/ -- Helix …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 2, 2024 - 22:54 GMT

Lomond Secures New Investment from ICG

New investor ICG joins LDC, the founder and management shareholders to further accelerate LONDON, UNITED KINGDOM, December 2, 2024 /⁨EINPresswire.com⁩/ -- Lomond, the UK's leading lettings and estate agent platform, announced today that it has …

Distribution channels: Companies, Culture, Society & Lifestyle ...
Published on December 2, 2024 - 22:51 GMT

BaaDigi Expands Services with Launch of Data as a Service (DaaS), Offering First-Party Data and Pixel Tracking Solutions

BaaDigi launches Data as a Service (DaaS), offering first-party data and pixel tracking to boost marketing insights and customer engagement. HUNTINGTON BEACH, CA, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Huntington Beach, CA – …

Distribution channels: Business & Economy, Companies ...
Published on December 2, 2024 - 22:45 GMT

Quest Commonwealth Emerges as the Premier Estate Planning Partner for Retirees

Quest Commonwealth sets the standard in estate planning, providing wills, trusts, and holistic strategies to secure retirees’ legacies and protect loved ones. BINGHAM FARMS, MI, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Quest …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 2, 2024 - 22:39 GMT

Hyatus Stays Announces Academic Hospitality Partner Program in New Haven, CT

Hyatus Stays launches the Academic Hospitality Partner Program in New Haven, offering exclusive perks and housing solutions for local university communities. NEW HAVEN, CT, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Hyatus Stays, …

Distribution channels: Business & Economy, Companies ...
Published on December 2, 2024 - 22:22 GMT

Quest Commonwealth Brings Expert Retirement Planning Workshops to Walsh College

Jeff Perry of Quest Commonwealth hosts workshops at Walsh College, offering unique retirement strategies to empower attendees for a secure future. BINGHAM FARMS, MI, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Quest Commonwealth, a …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 2, 2024 - 22:08 GMT

New Book Reveals a Key Factor Behind Traditional Banks' High Small Business Loan Denial Rates

Discover a key factor why small business loan applications often fail and how to boost your chances with insight from this new book. HOUSTON, TX, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- When it comes to securing a traditional bank …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on December 2, 2024 - 21:15 GMT

How Sell a Business Quickly and Easily Guide Released for Consumers by IRAEmpire

IRAEmpire launches a step-by-step guide to help consumers sell their businesses quickly and easily, offering expert tips and strategies. SAN FRANCISCO, CA, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- IRAEmpire is proud to announce the …

Distribution channels: Business & Economy, Companies ...
Published on December 2, 2024 - 20:54 GMT

Faces of Social Equity Launches to Help Entrepreneurs Impacted by the War on Drugs Thrive in the Legal Cannabis Industry

The new program aims to help individuals navigate state-specific social equity regulations to ensure their successful entry into the legal cannabis market. PHOENIX, AZ, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- A new online platform …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on December 2, 2024 - 20:53 GMT

Success of the First "Camino del Santo Grial" Cultural Itinerary Days in Zaragoza's Central Region

Zaragoza's Central Region Celebrates the Cultural and Historical Legacy of the Holy Grail with Its First European Itinerary Days ZUERA, ZARAGOZA, SPAIN, December 2, 2024 /⁨EINPresswire.com⁩/ -- In November 2024, Zaragoza's Central Region …

Distribution channels: Agriculture, Farming & Forestry Industry, Beauty & Hair Care ...
Published on December 2, 2024 - 20:51 GMT

Join Noelle K Photography in Celebrating 40 with an Exciting Giveaway

HAUBSTADT, IN, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- This December, Noelle K Photography is celebrating a personal milestone—turning 40—and she’s inviting women of all ages to join in the celebration with an exciting giveaway that …

Distribution channels: Business & Economy, Companies ...
Published on December 2, 2024 - 20:20 GMT

KYAN Technologies’ cancer response prediction platform shows high accuracy for leukemia in clinical study publication

SINGAPORE, SINGAPORE, December 2, 2024 /⁨EINPresswire.com⁩/ -- KYAN Technologies Pte. Ltd. (“KYAN”) announces the publication of study results in Cancer Medicine, with the publication title: “A Combinatorial Functional Precision Medicine Platform …

Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
Published on December 2, 2024 - 19:45 GMT

Making Films Instantly Easier to Produce with Producer Ray Ellingsen & Film Profit Expert Jeffrey Hardy Live Workshop

Upcoming Live Workshop Offers Filmmakers Insider Tips to Avoid Common Development, Casting, and Screenplay Pitfalls HOLLYWOOD, CA, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Most new filmmakers unknowingly create challenges that make …

Distribution channels: Business & Economy, Companies ...
Published on December 2, 2024 - 19:45 GMT

Synergy Business Brokers Reviews and Complaints Analysis Released by IRAEmpire.com

IRAEmpire.com releases an in-depth analysis of Synergy Business Brokers, highlighting reviews, complaints, and insights. NEW YORK, NY, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- IRAEmpire is proud to announce the release of its …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 2, 2024 - 19:40 GMT

Tax Season 2024 Officially Open: TaxZerone Reminds Employers to File 1099 and W-2 Forms

Tax Season for Information Returns Opens! TaxZerone Makes Filing Simple, Secure, and Affordable SAN JOSE, CA, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- The tax season for filing information returns has officially begun for the 2024 …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 2, 2024 - 19:15 GMT

Kathy O'Neill of What's Next Transition Coaching to be Featured on Close Up Radio

ROCHESTER, NY, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Rochester, NY – Change is a constant in our lives. Whether it’s moving to a new city, embarking on a new exciting career, caring for aging parents, or entering retirement, life …

Distribution channels: Business & Economy, Companies ...
Published on December 2, 2024 - 19:08 GMT

Entrex Carbon Market announces Delivery of first Mobile Data Mine to CherAmi Digital

Entrex Carbon Market announces delivery of its first mobile data mining trailer and ASIC mining machines to CherAmi Digital, Entrex’s principal mining partner. Entrex Carbon Market (OTCBB:RGLG) BOCA RATON, FL, UNITED STATES, December 2, 2024 /⁨ …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 2, 2024 - 18:23 GMT

Centreville Plumbing Pros Expands Team and Services, Now Offering Same Day Plumbing Repairs

Veteran Owned Plumber Offers Same Day Plumbing Repair Services in Centreville, Clifton & Manassas, VA. CENTREVILLE, VA, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Centreville Plumbing Pros Expands Team and Services, Now Offering …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on December 2, 2024 - 18:20 GMT

Manassas Plumbing Pros Expands Team and Services, Now Offering Same Day Plumbing Repairs

Get Same Day Plumbing Repairs in Manassas, Manassas Park, Gainesville and Centreville, Virginia MANASSAS, VA, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Manassas, VA - Manassas Plumbing Pros, a leading plumbing company located at 7714 …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on December 2, 2024 - 18:14 GMT

Benefit Media Announces Launch of Benefit DSP, a Next-Gen Direct-to-Publisher Platform for Connected TV

Benefit Media Announces Launch of Benefit DSP, a Next-Gen Direct-to-Publisher Platform for Connected TV NY, UNITED STATES, December 2, 2024 /⁨EINPresswire.com⁩/ -- Benefit Media https://benefit.media Announces Launch of Benefit DSP, a Next …

Distribution channels: Business & Economy, Companies ...