ASML's lowered forecast suggests factory overcapacity, not chip doom
ASML's deep forecast cuts that sparked a global tech stock selloff signal overcapacity at chip factories rather than a ...
Stellantis CEO Warns Chinese Brands Setting Up Shop In Europe Could Lead To Local Factory Closures
Tavares believes that new factories in Europe by Chinese carmakers will increase the "manufacturing overcapacity" in the ...
Digi Times17h
China Shock 2.0: global shipping rates signal end of overcapacity or new slowdown?
Amid sluggish domestic consumption and waning investment, China's manufacturing overcapacity—the vast output of the "world's ...
autoevolution11h
European CEOs Share Different Ideas to Face Chinese Competitors; They Could All Be Right
Renault's Luca de Meo wants to learn from them. BMW's Oliver Zipse preaches for more freedom. Carlos Tavares thinks ...
Electrek13h
Volkswagen’s state-of-the-art EV plant is on the brink of collapse
People are angry, cars aren’t selling, and now for the first time ever Volkswagen is likely to close one of its factories in Europe.
NDTV18h
World News
US President Joe Biden announced a $425 million arms package for Kyiv Wednesday in a call with President Volodymyr Zelensky, ahead of a farewell visit to Berlin to discuss Ukraine, the White House ...