China's Didi Chuxing attracts more than $500M

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Source: Dukascopy Bank SA
On Friday, China's ride-hailing firm Didi Chuxing stated it had finalised a fundraising round worth more than $500M for its self-driving subsidiary.
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Fri, 29 May 2020 10:38:44 GMT

VW to have full control over JAC-VW China venture

The German automaker Volkswagen is set to have full control of China's JAC-VW joint venture's management, the carmaker's Chinese CEO stated on Friday.

Fri, 29 May 2020 08:26:34 GMT

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On Friday, Renault announced it had entered talks with unions about restructuring several car factories located in France, potentially leading to shutdowns, as the carmaker confirmed plans to slash about 15K jobs worldwide.

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