Page 9 - Auto Co News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China's economy continues to see turmoil amid a perfect storm of issues coming together. An aging population is contributing to a decrease in productivity. At the same time, several real estate companies have gone under as rising interest rates and an overall slowdown have caused a meltdown in the Chinese real estate market. It's not just China's economic slowdown that investors must contend with. Over the weekend, Taiwan Vice President Lai Ching-te clinched the third consecutive presidential el

After achieving record sales in the electric vehicle (EV) segment, Ford Motor Co. has taken a step back, scaling down its EV plans. Despite the F-150 Lightning becoming America’s top-selling electric truck and the Mustang Mach-E recording impressive sales, Ford is revising its EV strategy. Chief Financial Officer John Lawler announced a reduction in planned investments, including postponing around $12 billion in EV spending. Ford is reducing production at its plant in Marshall, Michigan, cutting

Elon Musk has grown Tesla Inc. into one of the world's most recognizable brands — and not just in the automotive space. But while Tesla has been the top dog in the U.S. electric vehicle (EV) market, BYD Auto Co. Ltd., a publicly listed Chinese multinational manufacturing company, has been making noise overseas. Chinese automaker BYD — a company that Warren Buffett’s Berkshire Hathaway Inc. owns about 6% of — beat out Tesla to become the leader in global electric car sales in the fourth quarter o

Major polyurethane foam market players include The Dow Chemical, BASF SE, Future Foam, Vita Holdings Limited, Covestro AG, Saint-Gobain SA, CRS Holdings LLC, Rogers Corporation, FXI, and UFP Technologies, Inc.New York, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The global polyurethane foam market size is slated to expand at ~8% CAGR between 2023 and 2035. The market is poised to garner a revenue of USD 100 billion by the end of 2035, up from a revenue of ~USD 47 billion in the year 2022.Rising demand for