March 6, 2019

Geely chairman says China auto industry faces restructuring in next 3-5 years

Zhejiang Geely Holding’s Chairman, Li Shufu, said on Wednesday China’s automotive industry faces restructuring and bankruptcies in the next three to five years as the industry […]
March 6, 2019

Ex-Nissan chair Ghosn leaves jail, says to fight Japan’s ‘meritless’ charges

Ousted Nissan Motor Chairman Carlos Ghosn was released from jail on Wednesday after posting $9 million in bail, giving the executive fresh impetus to craft his […]
March 6, 2019

EU to issue formal complaints to carmakers over emissions collusion: Handelsblatt

The European anti-trust watchdog plans to send formal complaints to BMW, Daimler and Volkswagen this spring, in which the EU regulator will make detailed allegations regarding […]
March 6, 2019

A chaotic market for one sensor stalls self-driving cars

Automakers and technology companies racing to develop self-driving vehicles are running into a problem: cars that can think are no good without affordable and reliable technology […]
March 6, 2019

Exclusive: Grab eyes more funding after record $4.5 billion round in Southeast Asia

Grab is considering raising more funds from strategic investors, the president of Southeast Asia’s top ride-hailing firm said, after raking in over $4.5 billion in the […]
March 6, 2019

Exclusive: Philip Morris paid for India manufacturing despite ban on foreign investment – documents

Philip Morris International Inc has for years paid manufacturing costs to its Indian partner to make its Marlboro cigarettes, circumventing a nine-year-old government ban on foreign […]
March 6, 2019

Facebook rejects Australian regulator’s push for scrutiny of news feeds

Facebook Inc has rejected an Australian regulator’s recommendation for greater scrutiny over the social network’s advertising market power and the ranking of news articles in customers’ […]
March 6, 2019

French finance minister welcomes Ghosn’s release from jail

French Finance Minister Bruno Le Maire welcomed on Wednesday the release of former Renault boss Carlos Ghosn from jail in Japan. Powered by WPeMatico
March 6, 2019

Dialog Semi now sees 2019 single-digit revenue decline after Apple deal

Dialog Semiconductor reported a slight rise in fourth-quarter operating profit and said revenue would decline this year as it completes a $600 million transfer of programmers […]
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