(Reuters) – Brake maker Brembo has a full order book and all of its plants are running at full capacity, apart from those in China due to a COVID-19 lockdown, …
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maker
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By Juliette Portala (Reuters) – Alstom’s shares slipped sharply on Wednesday, erasing earlier strong gains as the French train maker’s comments on cash flow generation and guidance divided the market. …
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By Alexandra Alper WASHINGTON – The Biden administration ramped up a national security probe into Russia’s AO Kaspersky Lab antivirus software earlier this year amid heightened fears of Russian cyberattacks …
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HELSINKI -Finnish stainless steel maker Outokumpu saw its shares soar more than 6% on Thursday after reporting stronger-than-expected quarterly profits, boosted by higher prices for stainless steel and ferrochrome. The …
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(Reuters) – U.S. truck engine maker Cummins Inc said on Tuesday it took a $158 million charge in the first quarter related to its suspension of operations in Russia. Cummins …
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SHANGHAI/HONG KONG -CATL, the world’s largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it …
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After months of anticipation and more than 173,500 applications, the Dodge brand’s search to fill the greatest automotive job in the world came to its supercharged conclusion today. Proving he …
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ROME – European missile maker MBDA has made a good start to 2022 after record results last year, Executive Group Director for Sales & Business Development Lorenzo Mariani said on …
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By Juliette Portala (Reuters) -EssilorLuxottica’s shares slipped on Friday as a downturn in its China business overshadowed the French-Italian eyewear company’s overall better-than-expected first-quarter sales. The group, which makes sunglasses …
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(Reuters) – Sensor maker Velodyne Lidar Inc said on Thursday that Marta Hall, the wife of founder David Hall, had resigned from its board weeks after the couple sold more …
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By Eric Onstad LONDON – German auto parts supplier Schaeffler has signed a raw materials deal to ensure the supply of rare earth magnets from Europe for its burgeoning electric …
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Dodge Brand Brings the Chief Donut Maker Competition to the Finish Line With a Three-part Reality Web Series Premiering April 19
by Your NewsDodge brand’s search to fill the “greatest automotive job in the world,” which began this January, is about to come to its head-spinning supercharged conclusion. With more than 173,500 applications …
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By Gabriel Araujo SAO PAULO – Brazilian auto parts company Tupy SA has signed a deal to buy motor maker MWM, formally known as International Industria Automotiva da America do …
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TAIPEI -Taiwan’s Pegatron Corp, which assembles iPhones for Apple Inc, said on Tuesday it had suspended operations at its Shanghai and Kunshan plants in China due to the government’s strict …
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By Rocky Swift TOKYO – Japan’s government has severed banking and trade ties with Russia over Moscow’s invasion of Ukraine, but a tobacco company in which it owns a one-third …
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By Jessica DiNapoli NEW YORK – Oreo cookie maker Mondelez International Inc said its plant in Trostyanets, a town in eastern Ukraine, has suffered “significant damage” because of military action …
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By Sinchita Mitra (Reuters) – The maker of Scottish soft drink Irn-Bru will keep prices unchanged for the next six months but won’t rule out future price hikes given Britain’s …
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ZURICH – Holcim is exiting the Russian market, the world’s biggest cement-maker said on Tuesday, the latest western company to quit the country following Moscow’s invasion of Ukraine. “The Holcim …
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SYDNEY – Italian luxury yacht maker Ferretti Group has priced its shares at HK$22.88 each, the lower end of its proposed range, to raise HK$1.9 billion ($242.75 million) in its …
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– Marlboro maker Philip Morris International Inc said on Thursday it was working on options to exit the Russian market after Moscow’s invasion of Ukraine. The cigarette maker, which brought …
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– Top Russian carmaker Avtovaz said on Monday it was partially halting production at its plants in Togliatti and Izhevsk on March 21-25 due because of to shortages of electronic …
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BEIJING – Chinese Energy Vehicle Maker Xpeng Inc said on Friday it will raise its prices for on-sale vehicles before subsidy from March 21 due to the rising costs of …
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– U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) will lay off about 24% of its staff as it looks to focus on its core business and …
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MONTREAL – Business jet maker Bombardier Inc said on Friday it has suspended all activities with Russian clients, as more companies cut ties in the country following the introduction of …
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By Jonathan Stempel NEW YORK – Ben & Jerry’s was sued on Thursday by its longtime Israeli ice cream manufacturer, which said the company illegally severed their 34-year relationship after …