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Fed minutes signals September rate cut

by Milton Acorn
Fed minutes signals September rate cut

Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | Getty Images This report …

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Categories Science

China calls EU tariffs on EVs unfair, says it will defend industry

by Adrian Jhonsan
China calls EU tariffs on EVs unfair, says it will defend industry

An aerial view of new BYD electric cars to be exported on a dock in Yantai in east China’s Shandong province.  Tang Ke | Future Publishing | Getty Images The …

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Categories World

CNBC Daily Open: ‘Crazy’ summer

by Adesola Mojo
CNBC Daily Open: ‘Crazy’ summer

Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC …

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Categories Automobile

Chinese EV stocks drop after Tesla’s earnings miss, General Motors delays EV plans

by Adrian Jhonsan
Chinese EV stocks drop after Tesla’s earnings miss, General Motors delays EV plans

Spectators are looking at BYD Song L electric cars at the 21st Changchun International Automobile Expo in Changchun, Jilin province, China, on July 17, 2024. (Photo by Costfoto/NurPhoto via Getty …

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Categories World

Chinese official slams EU probe into EV subsidies as ‘selective’

by Adrian Jhonsan
Chinese official slams EU probe into EV subsidies as ‘selective’

BEIJING — Europe’s probe into Chinese electric cars was overly selective to the point that the results are not credible, a Chinese official claimed in an exclusive interview with CNBC …

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Categories World

Chinese EV stocks surge after EU slaps up to 38% additional import tariffs

by Ev Richard
Chinese EV stocks surge after EU slaps up to 38% additional import tariffs

Visitors are looking at a BYD DM-i electric car at the 2024 Beijing International Automotive Exhibition in Beijing, China, on May 3, 2024. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto …

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Categories Technology

U.S. automakers like GM rapidly lose ground in China

by Adesola Mojo
U.S. automakers like GM rapidly lose ground in China

Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024.  Jeff Kowalsky …

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Categories Automobile

Tesla Gigafactory Hourly Workers Get Raises, Still Underpaid

by Adesola Mojo
Tesla Gigafactory Hourly Workers Get Raises, Still Underpaid

Good morning! It’s Tuesday, December 19, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Categories Automobile

Volkswagen and Xpeng Partner to Manufacture Two New Electric Vehicles for China

by Adesola Mojo
Volkswagen and Xpeng Partner to Manufacture Two New Electric Vehicles for China

Volkswagen and Xpeng will jointly develop two new VW-brand EVs for China based on Xpeng’s electric G9. Chen Dongqiu | Visual China Group | Getty Images Volkswagen said Wednesday that …

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Categories Automobile

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