Aston Martin is over $1BN in debt and struggling to generate enough revenue to service its debt. It is in such a perilous state that even the banks are refusing to loan money. Aston Martin...
BMW will relocate production of the electric Mini hatch from the UK to China in a move seen as a betrayal to UK workers. It is also a grim reminder of the UK’s current economic...
Last week Trevor Milton the founder of Nikola Motors was convicted of fraud and deception by a U.S. federal court. The trial took place in New York, and after 5 hours of deliberation, the jury...
China’s current car industry resembles the British auto industry from the early 20th century in so far as that there was an explosion, a big bang if you will, of dozens and dozens of small,...
They are sterile, they are corporate, they are Stellantis and they are trying to put out the fire of Union strikes that is spreading at the sterile corporation’s Kokomo plant in Indiana, USA. UAW (United...
When a company engages in a rights issue, it is neither a good nor a bad sign but it does signal the company is struggling. In this case, the company involved in a rights issue...