Focus on Manufacturing
Tesla expects slight growth in 2024 vehicle deliveries, shares jump
Tesla's Q3 profit margin beat estimates at 19.8%, driven by demand incentives, despite revenue missing expectations.
US automakers urged to innovate despite tariffs on Chinese rivals
U.S. auto leaders warn against complacency as Chinese rivals outpace in EV tech, despite short-term tariff relief.
Wolfspeed and ZF put German chip factory on ice
Germany's chipmaking ambitions face another setback as Wolfspeed and ZF delay semiconductor factory plans indefinitely.
Stellantis to launch fleet of EVs fitted with Factorial solid-state batteries
Stellantis will launch by 2026 a demonstration fleet of vehicles fitted with solid-state batteries from U.S. startup Factorial, the two companies said on...
Volvo Cars cuts full-year growth outlook on EV slowdown
Volvo Cars beat Q3 profit expectations but cut its full-year sales growth forecast amid a premium market slowdown.
Qualcomm, Alphabet team up for automotive AI; Mercedes inks chip deal
Qualcomm and Google partner to help automakers build custom AI voice assistants using combined chip and software technology.
US extends semiconductor tax breaks to some solar factories
The U.S. extends a tax break to solar wafer makers, aiming to boost domestic production and reduce reliance on China.
Carlyle drops out of bidding process for Thyssenkrupp marine unit
The company did not say why Carlyle had exited the process, adding it was now focusing on a spin-off of the division, which...
ASML expects growth in 2026, US-China row to continue, CEO says
ASML's CEO expects growth in 2026 despite U.S. export pressure on China, as 2025 faces slower sales outside of AI chips.
Steelmaker Nucor’s third-quarter profit dented by impairment charges
U.S. steelmakers are facing a sluggish pricing environment as distributors hold back on purchases beyond immediate inventory needs.
