America June 11, 2025
Marelli Files For Bankruptcy with $4.9B Debt
Global automotive parts giant Marelli Corp. slammed the brakes on business as usual Wednesday, filing for Chapter 11 bankruptcy protection…
America July 12, 2024
VW Supplier Antitrust Suit Dismissed by Texas Federal Judge
A Texas federal judge has dismissed an antitrust lawsuit filed by auto parts maker Prevent Group against Volkswagen, concluding that…
America September 5, 2022
Volkswagen Announces Porsche IPO Plan, In What Could Be The Largest IPO In Germany
Volkswagen on Monday announced its plans to float the sportscar brand Porsche, which could be one of the world’s largest…
America September 5, 2022
Stock Futures Surge after Major Averages Posted Third Straight Week of Losses
Stock futures soared in overnight trading Monday after the major averages outstripped their third straight week of losses. Futures tied…
Business September 6, 2021
The Chip Shorage Might Last Until 2024, says Ford’s Gunnar Herrmann
Car manufacturing giants such as Ford, Volkswagen, and Daimler are still suffering from the global chip shortage that had hit…
Business March 15, 2019
SEC Charges Volkswagen and former CEO Winterkorn of Massive Fraud
The Securities and Exchange Commission (SEC) filed charges against Volkswagen and its former CEO Martin Winterkorn in connection with the…
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