Germany's Lufthansa Group has entered the bidding race for the Portuguese state airline TAP, a spokesman for the Frankfurt-based company said on Thursday. A non-binding offer has been submitted as a first step, the spokesman said.
Tesla (NASDAQ:TSLA) isn’t the only Mag Seven stock to think about buying after a brief plunge into bear market territory. With the AI trade coming back online over hopes that the war in Iran will be over in two or three weeks’ time, perhaps the discounts across the board might not be sticking around for ... Tesla Stock Hasn’t Looked This Cheap in a While
There are courtroom dramas, and then there are courtroom dramas involving two of Germany’s most powerful automotive names. This one falls firmly into the latter category. In a case that tried to fast-track the end ... Read more
The conflict with Iran has slowed but not stopped progress on autonomous transport in Abu Dhabi, Dubai, and Riyadh.
The Gulf accounts for around 23% of global, non-China aluminum production, most of which is sold overseas.
Toyota’s all-electric Hilux will go on sale in Australia next month, marking the first time the battery-powered pickup is available outside Thailand, its home market. That gives us an idea of how much the first-ever electric Hilux costs, and it’s not exactly cheap. Prices start from $74,990 ...
Volkswagen has opened presales in China for the ID. ERA 9X, its first range extended EV and one of its clearest market specific bets yet. The big three row SUV shows how far VW is adapting its China strategy around local tastes and technology.
Bloomberg reports Porsche is weighing canceling the electric 718 Boxster and Cayman as development costs and complexity climb. Slower EV demand and China softness add pressure. Taycan deliveries fell in 2025, while the electric Macan is gaining share. No final decision yet.
With the war in Iran driving up the global price of oil, air fares and fees are rapidly increasing ahead of the summer travel season.
Businesses say they are feeling the effects of rising fuel costs amid the Iran war.