Focus on Industry
Volkswagen’s electric truck unit Traton plans to increase profitability by 2029
Volkswagen's Traton aims to boost electric truck sales, grow revenue by 20-40 per cent, and repay debt over the next five years.
Ferrari shuts down gas-fueled plant to double solar production
Ferrari shuts down methane-fueled plant to double solar power and cut CO2 emissions by 60%.
Stellantis to halt production of electric Fiat 500 for longer due to poor demand
Stellantis' CEO Carlos Tavares will address Italian lawmakers on Oct. 11 about Fiat 500 EV production amid weak demand.
UAE oil giant ADNOC swoops on German chemicals firm Covestro
Covestro accepts ADNOC's 12 billion euros takeover bid, boosting ADNOC’s diversification while Germany's chemical sector struggles.
Five workers seriously injured by blast at energy site in Alberta, RCMP say
An explosion at a Hawthorne Energy site in Cochrane, Alberta injured five workers; the fire may burn for days.
Harvesting hops for beer produces a lot of waste. These German groups are seeking to fix that
Two Munich students turn hops waste into sustainable building materials, reducing waste from beer and construction.
Tesla, Musk beat shareholder lawsuit over self-driving promises
A U.S. judge dismissed a lawsuit accusing Tesla and Musk of defrauding shareholders over self-driving technology claims.
Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks
Stellantis recalls 194,000 plug-in hybrid Jeep SUVs due to fire risk, advises owners to park outside until repaired.
Tesla’s quarterly deliveries set to rise as China incentives lure wary EV buyers
Tesla is projected to report an eight per cent rise in Q3 deliveries, driven by China incentives and financing, per Wall Street.
Maersk parent to invest $1.7B in fossil-free plastics plant at Antwerp port
A.P. Moller Holding, majority owner of shipping giant Maersk, plans an initial investment of $1.7 billion to build a fossil-free plastics plant in...
