Auto giants are getting nervous about the prospect of massive fines
Workers producing pure electric vehicles at a Volkswagen (Anhui) workshop in Hefei, China, on Sept. 25, 2024. Cfoto | Future Publishing | Getty
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Volvo Car AB
Mercedes shares slump after cutting 2024 guidance on weak China demand
An employee does final inspections on a Mercedes-Benz C-Class at the Mercedes-Benz US International factory in Vance, Alabama. Andrew Caballero-Reynolds | AFP |
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U.S. jobs report, Volvo Cars, A350 inspections
LONDON — European stocks closed lower Friday afternoon, paring earlier gains after a weaker than expected U.S. jobs report clouded global sentiment. The
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Sweden’s Volvo Cars scraps plan to only sell electric vehicles by 2030
The chip shortage took its toll on the auto industry, which has become increasingly reliant on semiconductors. Mikael Sjoberg | Bloomberg | Getty
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