Automakers

Hyundai and Kia Recall 91,000 US Vehicles Over Fire Risks

Hyundai Motor and Kia have issued a recall for over 91,000 vehicles in the US due to fire risks. The…

2 years ago

U.S. finalizes $2.5 billion loan to GM, LG battery joint venture

The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of…

3 years ago

Exclusive: Tesla plans mass production start for Cybertruck at end of 2023

Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for…

3 years ago

TomTom sticks with revenue and cashflow guidance, giving shares a boost

Dutch digital mapping group TomTom (TOM2.AS) on Friday confirmed its revenue and cashflow guidance for 2022 and 2023, boosting its shares, after…

3 years ago

SK Innovation shares fall on bleak forecast for battery unit’s turnaround

South Korean energy group SK Innovation Co Ltd (096770.KS) warned its battery unit turnaround could take longer than past guidance indicated, taking…

4 years ago

Australia, South Africa miners eye options as Europe makes desperate calls

Australian and South African miners are exploring ways to supply coal and metals consumers in Europe scrambling for alternative sources…

4 years ago

Taiwan’s UMC to spend $5 bln on new chip plant in Singapore

Taiwan's United Microelectronics Corp (UMC) (2303.TW) will invest $5 billion on a new microchip factory in Singapore, with production expected to start…

4 years ago

Hybrid work trend drives PC maker Lenovo’s Q3 profit to record high

Third-quarter profit jumped 62% to an all-time high of $640 million at China's Lenovo Group (0992.HK), the world's biggest maker of…

4 years ago

Cadence Design Systems aims to cash in on new custom-chip era

Microchip design software maker Cadence Design Systems Inc (CDNS.O) is betting on growth from automakers and other chip users strapped by global…

4 years ago

Exclusive: U.S. opens probe into 30 million vehicles over air bag inflators

U.S. auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with…

4 years ago