Production at Hyundai Motor's factory in Ulsan, South Korea, was halted on Monday after a worker died in an accident, shortly after the plant was refitted to manufacture a new electric vehicle, a labour ministry official and union officials said.
When Carlos Tavares takes the wheel of a combined PSA and Fiat Chrysler this year he will quickly need to revive the carmaker's fortunes in China, rationalise a sprawling global empire and address massive overcapacity.
Tesla Inc on Saturday reported better-than-expected 2020 vehicle deliveries, driven by a steady rise in electric vehicle adoption, but narrowly missed its ambitious full-year goal during a punishing year for the global auto industry.
Blank-check firms - popularly known as SPACs - emerged as the most popular investment vehicles and the primary driving force behind a record year for initial public offerings (IPOs) in 2020, even as overall dealmaking activity tumbled to a three-year low.
The U.S. decision to impose additional tariffs on French wines and cognac, which come in addition to a first set of tariffs late last year, will cost the sector a total of over 1 billion euros ($1.23 billion), the French wine exporters' federation said on Thursday.
BRUSSELS (Reuters) -The European Union and China agreed an investment pact on Wednesday, which Brussels believes will help redress what it sees as imbalanced economic ties.
BEIJING (Reuters) -Chinese companies will receive binding commitments of access to the EU market under a new investment agreement, while China will open up its financial, manufacturing and services sectors to the 27-nation bloc, a Chinese government official said.
Italian utility Enel said on Wednesday it had inked a deal with Weltmeister to develop the Chinese-owned electric car brand's charging infrastructure globally and help boost exports.
Italian-American carmaker Fiat Chrysler will invest 755 million zlotys (£151.19 million) in its plant in Tychy in Poland, where new hybrid and electric Jeep, Fiat and Alfa Romeo models will be built, Deputy Prime Minister Jaroslaw Gowin said on Tuesday.
India on Tuesday sought public comment on a proposal to make airbags mandatory for the front passenger in all cars from next year, in a move that could raise costs for automakers slowly seeing a revival in demand.
German luxury carmaker BMW is planning to step up its production of electric vehicles, Chief Executive Oliver Zipse told German daily Augsburger Allgemeine.
The post-Brexit trade deal reached by the United Kingdom and the European Union goes beyond the EU's so-called "Canada-style" trade accord, the BBC said on Friday, citing what it said was a full copy of the accord.
Japan aims to eliminate gasoline-powered vehicles in the next 15 years, the government said on Friday in a plan to reach net zero carbon emissions and generate nearly $2 trillion a year in green growth by 2050.
Brexit campaigner Nigel Farage said on Thursday that a trade deal struck by Britain and the European Union was not perfect but represented "a big step forward".
Luxury carmaker Jaguar Land Rover has not seen any impact so far from issues at UK ports, its parent Tata Motors said on Thursday, even as many countries cut transport ties with Britain due to a fast-spreading new variant of the coronavirus.
Japan will lay out on Friday a "green growth strategy" that includes a goal to replace gasoline-powered vehicles with electric cars by around 2035, the Nikkei newspaper reported.
Boeing Co has deferred its plan to make plane components in India's southern state of Karnataka from 2022, two sources with direct knowledge of the matter told Reuters on Wednesday, citing the impact of the coronavirus crisis on global aviation.
Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.
Sterling firmed on Wednesday after three days of falls as France lifted a partial border blockade aimed at stopping the spread of a fast-spreading new COVID-19 strain, and hopes grew of a post-Brexit trade deal despite discouraging comments from both sides.