Volkswagen AG is prepared to go it alone to build a new body-on-frame truck platform for the U.S. market if it doesn't reach an agreement with Ford Motor Co. or any other automaker, according to company executives. The German carmaker is trying to reset a... See more
(Oct 22): Robert Bosch plans to legally separate its automotive-parts business, as the world's largest car supplier races to cut costs and respond to intensifying competition from China. Bosch Mobility will be transferred out of the German parent company ... See more
(Bloomberg) -- European car sales growth accelerated last month, extending a run of gains this year as buyers turn to electric cars, with Chinese manufacturers capturing much of the increase. New-vehicle registrations rose 10% to 1.36 million in September... See more
Standard Bank has fully underwritten the debt package supporting a R9 billion investment in the Gautrain, securing the capital structure for the system's new 15-year public-private partnership (PPP) concession. The financial close extends Standard Bank's ... See more
Tencent Holdings Ltd. told fixed-income investors Monday that its planned bond offering of about $5 billion will help finance AI-related capital expenditures, people familiar with the matter said, as it doubles down on the sector. The Chinese technology a... See more
