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Automakers

Porsche makes robust trading debut in landmark IPO

Porsche listing Sept 29 2022
Porsche CEO Oliver Blume rang the bell at the Frankfurt stock exchange on what he called the "historic moment" for the brand. (REUTERS)
B
By:
Bloomberg
September 29, 2022 08:28 AM

Porsche gained during its robust trading debut after parent Volkswagen Group set the final listing price for the sports-car maker at the upper limit in a bid to defy deep market upheaval.

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Stellantis
New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

VB
By:
Vince Bond Jr.
New Stellantis CEO Antonio Filosa faces series of hurdles
Manufacturing
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
BN
By:
Bloomberg News
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
China
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
RN
By:
Reuters News
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
Finance Insurance
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact
JH
By:
John Huetter
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

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