By Nick CareyLONDON (Reuters) - Chinese EV maker Leapmotor (HK:9863) has started selling two electric vehicle models at Stellantis (NYSE:STLA) dealerships in Britain via its joint venture with the world’s No. 4 automaker, it said on Wednesday. Leapmotor has launched sales of the T03 compact electric car and the C10, a large electric SUV, with the B10 midsize SUV launching later this year, a ...
By Nick CareyLONDON (Reuters) - Bentley on Wednesday posted its lowest annual revenue since the COVID pandemic struck in 2020 as the British luxury automaker faced a tough global market in 2024, but said it was pursuing "value over volume" with revenue per car up 10% versus 2023.The Volkswagen (ETR:VOWG_p) unit reported an operating profit for 2024 of 373 million euros ($407 million), down 37% fro ...
(Reuters) - Mining major Rio Tinto (NYSE:RIO) on Wednesday backed its dual-listed structure and asked shareholders to vote against London-based hedge fund Palliser Capital’s resolution to review the firm’s two listings in London and Sydney. The world’s largest iron-ore miner said it had already conducted a robust and comprehensive review of the structure and had engaged with a number of stak ...
Investing.com-- Asian fund managers are showing renewed confidence in Chinese equities while maintaining Japan as their top market preference, according to a Bank of America (BofA) survey.BofA analysts said that optimism toward China has surged to its highest level in years, with a record number of investors no longer viewing the market as structurally bearish.This shift comes as expectations rise ...