GM reorganizes BrightDrop EV unit, business head leaving

[ad_1] A general view of ZEVO 600 by the automaker General Motors (GM) Brightdrop unit’s CAMI EV Assembly, Canada’s first full-scale electric vehicle manufacturing plant, in Ingersoll, Ontario, Canada December…

Canada’s Magna, Unifor reach tentative labor deal

[ad_1] Magna logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights Nov 13 (Reuters) – Canada’s Magna…

EV demand in Europe to slow as customers await affordable electric cars

[ad_1] [1/2]A Tesla electric vehicle is plugged to a charger in a parking lot in Teia, north of Barcelona, Spain, October 31, 2023. REUTERS/Albert Gea/File Photo Acquire Licensing Rights BERLIN/LONDON,…

Loans linked to ESG face overhaul by under-pressure banks

[ad_1] Sustainability-linked loans criticised for weak targets Once-booming SLL volumes down 36% in 2023 – LSEG data Banks introduce penalties, new clauses to loans Balancing tougher standards with not scaring…

China’s Zeekr reveals wider loss, Beijing influence in US IPO paperwork

[ad_1] People walk past a booth of Zeekr, Chinese automaker Geely’s premium electric vehicle (EV) brand, at a shopping mall in Beijing, China November 3, 2023. REUTERS/Tingshu Wang/File Photo Acquire…

Renault cuts Nissan stake to 15% after transferring shares to trust

[ad_1] [1/2]The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Le Coteau, France, July 13, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing…

Tesla to build 25,000-euro car in Germany – source

[ad_1] CEO Musk announced plan for 25,000-eur car on site visit: source Plant currently produces Model Y, set to expand Staff granted 4% pay rise BERLIN, Nov 6 (Reuters) –…

Insight: German business chiefs clash with Berlin over China policies

[ad_1] Berlin aims to reshape policy to reduce reliance on China Industry lobbying against curbs on business with China German investment and trade with China hits record high Big firms…

UAW says GM outlines EV investment plans, will raise wages for US workers

[ad_1] [1/2]United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12,…

Marelli plant closure forewarns painful electric vehicle transition

[ad_1] CREVALCORE, Italy, Oct 30 (Reuters) – Around 230 workers in Italy’s “Motor Valley” have begun striking over the planned closure of their auto parts factory, an early casualty of…