Tag: automotive

Porsche Bows Out of Bugatti Rimac as New Investors Step In

Porsche AG has agreed to fully divest its stakes in Bugatti Rimac…

Stellantis Looks Toward China to Salvage European Operations

The automotive sector is witnessing a shift in power dynamics as Stellantis…

China Conditionally Approves American Axle’s Acquisition of Dowlais

The State Administration for Market Regulation (SAMR), China’s primary market regulator, has…

European Commission Fines Automotive Starter Battery Cartel €72 Million

The European Commission has imposed fines totalling approximately €72 million on three…