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Geely to sell $388 million of Volvo stake | Automotive News Europe

Geely to sell $388 million of Volvo stake | Automotive News Europe
autonews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autonews.com Daily Mail and Mail on Sunday newspapers.

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EV Maker Zeekr Files for IPO in Latest Listing by China s Geely

EV Maker Zeekr Files for IPO in Latest Listing by China s Geely
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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China s Electric Vehicle Bubble Is Starting to Deflate

The world’s largest electric vehicle market is putting its crowded infancy stage behind it.

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Daimler braces for questions about job cuts after truck spin-off

(Feb 6): While Daimler AG’s blockbuster breakup plan thrilled investors this week, the Mercedes-Benz maker also prepared for the euphoria failing to filter down to factory floors. Soon after Daimler announced it will spin off its commercial-vehicle unit and list the company separately, managers at the world’s largest heavy-truck plant in Woerth, Germany, and other sites received an emailed set of answers to questions they were likely to get from employees, according to people familiar with the matter. The key points centered around job security, spending cuts and other potential drawbacks, said the people, who asked not to be identified discussing internal matters.

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Daimler Braces for Questions About Job Cuts After Truck Spinoff

Daimler Braces for Questions on Job Cuts After Truck Spinoff Bloomberg 2/7/2021 Christoph Rauwald (Bloomberg) While Daimler AG’s blockbuster breakup plan thrilled investors this week, the Mercedes-Benz maker also prepared for the euphoria failing to filter down to factory floors. Soon after Daimler announced it will spin off its commercial-vehicle unit and list the company separately, managers at the world’s largest heavy-truck plant in Woerth, Germany, and other sites received an emailed set of answers to questions they were likely to get from employees, according to people familiar with the matter. The key points centered around job security, spending cuts and other potential drawbacks, said the people, who asked not to be identified discussing internal matters.

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