Automotive Sales

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2w ago

Nissan Abandons $1 Billion Battery Plant to Focus on Financial Recovery

The automaker reallocates resources under new CEO Ivan Espinosa as it braces for a record ¥750 billion annual loss and shifts EV development to China.

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last mo.

Mercedes-Benz Shifts Focus Back to Combustion Engines as Profits Fall

Automotive Sales

Nissan Abandons $1 Billion Battery Plant to Focus on Financial Recovery

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EU Adjusts Emission Rules to Support Struggling Auto Industry

Mercedes-Benz Shifts Focus Back to Combustion Engines as Profits Fall