Focus on Industry
Hyundai Motor’s Q3 operating profit falls 7% from a year earlier
Hyundai warns of slowing demand, posts seven per cent drop in Q3 profit, but maintains 2024 earnings target; shares fall five per cent...
Renault beats Q3 forecasts as new launches lift sales
Renault posted a surprise Q3 revenue rise, driven by demand for new hybrids, despite declining sales volumes amid a tough market.
US lawmakers pressure automaker Stellantis on investment commitments
The union and the Jeep-maker have been in a bitter battle after Stellantis said it would delay a planned investment to reopen an...
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.
Montreal climate protesters charged after climbing Jacques Cartier Bridge
Two activists face charges after scaling Montreal's Jacques Cartier Bridge in a climate protest, disrupting traffic.
Brazil launches platform to attract foreign investment for climate and ecological projects
Brazil launched a $10.8B platform at IMF meetings to fund green projects, targeting energy, industry, and nature solutions.
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...
UK bank Nationwide Building Society will offer bigger interest-free loans for green retrofitting
The bank is offering interest-free loans of up to £20,000 to help its mortgage customers make their homes more energy efficient.
