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European shares buck global rally as dour auto earnings weigh
Reuters via Yahoo Singapore Finance· 1 hour agoThe pan-European STOXX 600 index lost 0.2% by 0712 GMT. The auto sector fell the most, dropping 1.4%...
China woes hit BMW as profit margin falls
Reuters via Yahoo Singapore Finance· 3 hours agoBERLIN (Reuters) -BMW reported a lower-than-expected profit margin in its core automotive segment during the second quarter on Thursday, hitting its...
Volkswagen warns cost-cutting phase not over as Q2 profit falls
Reuters via Yahoo Singapore Finance· 3 hours agoBERLIN (Reuters) -Volkswagen on Thursday warned that its cost cutting period was not over and would...
Big truckmakers bet on hydrogen to extend combustion engine life
Reuters via Yahoo Singapore Finance· 4 hours agoSome of the world's biggest truckmakers, including Volvo and MAN, are reworking combustion engines...
Daimler Truck to cut employee hours in Germany amid weak Europe demand
Reuters via Yahoo Singapore Finance· 4 hours ago(Reuters) -Daimler Truck will cut hours and impose a job freeze for employees in its truck-making...
Volkswagen shares tumble as cost-cutting extended
Investing.com via Yahoo Singapore Finance· 5 hours agoInvesting.com -- Shares of Volkswagen (ETR:VOWG) fell on Thursday following the company's announcement that its cost-cutting period will extend beyond the second half of 2024.
Industrial software maker PTC forecasts fourth-quarter results above estimates
Reuters via Yahoo News Singapore· 11 hours agoIt forecast fourth-quarter revenue of between $598 million and $648 million, compared with analysts' average estimate of $616.9 million, according to LSEG data. The company, which counts < ...
US stands by decision that 50 million air bag inflators are dangerous, steps closer to huge recall
Associated Press Finance via Yahoo Singapore Finance· 14 hours agoU.S. auto safety regulators say they stand by a conclusion that more than 50 million air bag...
US says 51 million air bag inflators pose safety risks despite automaker objections
Reuters via Yahoo Singapore Finance· 15 hours agoWASHINGTON (Reuters) -A U.S. regulator said on Wednesday it still believes that air bag inflators in...
5 Popular 2024 Car Models With Plummeting Lease Payments
GOBankingRates via Yahoo Singapore Finance· 17 hours agoIf you've been car shopping this summer, you may have seen the roller coaster in prices. That may be...