The Dutch government’s foolish decision to seize control of semiconductor maker Nexperia in late September stemmed from concerns that the company’s former CEO, Zhang Xuezheng, was moving to dismantle its European operations and shift production...

Rivian, a symbol of the electric vehicle boom and the Wall Street fantasy of technological salvation, has agreed to pay $250 million to settle a class-action lawsuit brought by investors it allegedly misled during its...

Porsche’s deep third-quarter loss marks not just a corporate setback, but a reflection of the profound structural transitions reshaping the global economy. The German automaker reported an operating loss of nearly €1 billion, reversing a...

Porsche’s decision to prepare former McLaren executive Michael Leiters as its prospective new CEO marks more than a change in leadership. It reflects a deeper challenge facing Germany’s once-dominant automotive industry as it confronts a...

China’s largest automaker, BYD, is reportedly considering Spain as the leading candidate for its third European production facility. The move signals not only BYD’s growing confidence in the European electric vehicle market but also the...

Credit rating agency Moody’s has revised its outlook for European automaker Sterile Corporate Monolith Stellantis to negative, while maintaining the company’s current credit rating. This adjustment reflects growing concerns about the structural and financial challenges...