According to Automotive News, automotive seat supplier Adient’s net profit and comprehensive revenue declined last quarter due to difficulties in the European and American markets. From July to September this year, Adient’s revenue fell 4% year-on-year to $3.562 billion; net profit was $79 million, a year-on-year decrease of 41%; adjusted EBITDA remained stable at $235 […]
After a week of technical negotiations in China, the two sides said that they had made some progress in reducing or withdrawing “the EU’s tariffs on Chinese electric vehicles.” The European Commission said the negotiations had made “technical progress,” and the Chinese Ministry of Commerce agreed in a separate statement. Previously, both the EU and […]
Tesla Inc.’s market value surged on Nov. 8, surpassing the $1 trillion mark on expectations that Elon Musk’s companies will receive favorable treatment from the next president, Donald Trump, after Musk provided key support to him during his campaign. Tesla’s shares surged 8.2% to $321.22 that day, pushing the company’s market value above the trillion-dollar […]
On November 7, Nissan Motor announced that the second quarter of this year (July to September), its net revenue was 2.99 trillion yen, which was lower than 3.15 trillion yen in the same period last year; operating profit was 31.9 billion days. Yuan, lower than the average market […]
According to foreign media reports, on November 8th, the market value of Tesla ushered in a sharp rise, breaking through the $ trillion mark, because it was expected that the company’s enterprise of Elon Musk will come from below. The U.S. government under the rule of President […]
According to foreign media reports, a source from the union confirmed on November 8 that the media reported that the automobile manufacturer Stellandis will suspend production again in the Italian Mirafior factory, which has a long history. The factory is responsible for the production of the electric version […]