Tag: auto industry
Ford, BYD Discuss Hybrid Battery Partnership, WSJ Reports
Ford is holding talks with BYD over a potential agreement to source batteries for its hybrid vehicles, the Wall Street Journal reported on Thursday....
Mercedes Agrees to $120M Settlement With U.S. States Over Emissions Case
Mercedes-Benz said on Monday it has agreed to pay $120 million to several U.S. states to settle claims linked to emissions-manipulation software used in...
Volkswagen Management Plans Further Cost Cuts
Volkswagen Chief Executive Oliver Blume reaffirmed on Thursday that Europe’s largest carmaker will continue cutting costs as it works to stay competitive during a...
CarMax Faces Downgrade Over Management Doubts
Morgan Stanley Downgrades CarMax on Execution and Leadership Concerns
Morgan Stanley has downgraded CarMax (NYSE: KMX) from Overweight to Equal-Weight and sharply reduced its price...
