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...Energy policy is just one of the areas in which the government is failing, according to business groups....
...Thousands of Porsche, Bentley and Audi cars have been impounded in US ports after a supplier to parent group Volkswagen found a Chinese subcomponent in the vehicles that breached anti-forced labour laws....
...In 2022, Justin Trudeau’s government ordered three Chinese groups to divest from early-stage lithium mining companies listed in Toronto, some of which had assets outside of Canada....
...Syre will need “a couple of billion dollars” to finance the planned construction of 12 factories in North America, southern Europe and Asia, according to Nobelius....
...BASF, the world’s biggest chemical group and a major investor in China, is also expanding its US operations....
...“Volkswagen Group China’s e-offensive is taking effect,” said VW’s China head Ralf Brandstätter....
...“More people are travelling in groups, seeking convenience, comfort and spaciousness.”...
...Volkswagen Group said its deliveries of battery electric vehicles to Europe in the first three months of this year fell by a quarter compared with the same period in 2023, compounding the challenge facing...
...The closely watched election underscores the resurgence of the labour movement in America....
...has a great deal of art, and America has a great deal of money.”...
...“These historic union victories are not only improving the lives of union members, but that is beginning to spill over into the lives of non-union workers in America as well,” he said....
...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
...In March 2023, another Russian court seized $204mn worth of Volkswagen’s assets in Russia pending a lawsuit by its former partner Gaz Group, owned by sanctions-hit oligarch Oleg Deripaska....
...Volkswagen is reviewing the fate of the VW Polo car in Europe before the end of the decade as emissions regulations start to push up the cost of producing petrol-engine cars....
...Carlos Tavares, who took over the combined group from his post at PSA, has wielded the axe to achieve top of the range operating margins, expected to come in at 12.5 per cent for 2023, according to Citi....
...Most of it is expected to flow through to the ship’s reinsurers, a large group including Axa XL, a division of the French insurer. Axa said any impact would be “non-material” at group level....
...At 10 times forward earnings, the stock trades at more than twice the valuation of rival Volkswagen, another group which has had reputational issues....
...groups....
...group, and then reinsure losses above that at Lloyd’s of London....
...Honda and Nissan will team up to develop electric cars, days after Volkswagen said it may collaborate with Renault, as traditional carmakers combine forces in the face of the threat from Chinese EVs....
...In another example, Shenzhen-based Appotronics, which provides laser projectors for nearly half of China’s cinemas, will supply BMW with laser technology for some of the German group’s latest in-car displays...
...It has already signed deals with several US groups, including an affiliate of NextEra Energy, to supply energy storage projects....
...The group’s progress in the US is part of a wider global push, targeting the European, Indian and south-east Asian markets after a collapse of its sales in China over the past decade....
...All of that mix is good.” Others, however, remain unconvinced. Bank of America argues Europe’s economy remains fragile and will weaken as the effect of the ECB’s rate rises continues to feed through....
...America from 1860 to 1960....
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