SHANGHAI (Reuters) - (This April 24 story has been corrected to add a Leapmotor (HK:9863) statement clarifying that it is not holding ongoing discussions or negotiations with Ferrari over a partnership and to remove Ferrari from the headline)Leapmotor has struck a deal with Chinese state-owned automaker FAW to deliver an electric vehicle platform that will be used to drive overseas sales for Hongq ...
TOKYO (Reuters) -Nissan Motor wants to end vehicle production at its Wuhan plant in China by March 31, 2026, two sources with knowledge of the plan said. The decision comes after the operation rate at the 300,000 vehicle capacity plant, which produces the Ariya electric vehicle and X-Trail SUV, fell off amid stiff competition from Chinese automakers, the Yomiuri newspaper reported earlier. Nissan ...
Investing.com -- As Alphabet (NASDAQ:GOOGL) Inc. prepares to report quarterly earnings, analysts at Bernstein are posing a pivotal question, Could the tech giant’s greatest challenges ultimately become its biggest opportunity?In a recent note, Bernstein analysts led by Mark Shmulik maintained a market-perform rating on Alphabet, the parent company of Google, while lowering the price target to $1 ...
Investing.com -- The breakneck acceleration of artificial intelligence investment by Corporate America is facing a significant roadblock, a global trade war ignited by the U.S. under President Donald Trump.While AI spending remains a long-term strategic priority for tech giants and their clients, the resurgence of tariffs—particularly the latest wave targeting Chinese goods—risks disrupting th ...