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Houthi attacks in the Red Sea idle car factories, delay new fashion

Attacks on ships in the Red Sea are delivering another shock to global trade, coming on top of pandemic-related logjams at ports and Russia's invasion of. ....

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Jeep owner Stellantis says strike will hit profit less than at Ford or GM

Automaker Stellantis said Tuesday that the autoworkers strike in North America is expected to cost the company around 750 million euros ($795 million) in profit ....

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Stellantis in final talks to buy 20% stake in Chinese EV maker

Stellantis, Europe’s second biggest car manufacturer, is closing in on an agreement to buy a 20% stake in Chinese EV specialist Zhejiang Leapmotor Technologies ....

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EV stocks get a broad boost from VW's purchase of 5% stake in XPeng

Shares of electric-vehicle makers got a broad boost Wednesday as investors cheered Volkswagen AG's $700 million investment in China-based XPeng Inc. ....

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