PG&E creditors present $35B exit plan

Source: Dukascopy Bank SA
PG&E's creditors, including Pimco and Elliott Management, have proposed a $35B plan that could help the California power utility avoid bankruptcy within 12 months, according to Bloomberg.
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Thu, 28 Mar 2019 09:17:03 GMT

Daimler, Geely to develop Smart EV brand

On Thursday, Daimler announced it was set to launch the development of its Smart electric vehicles next generation in China in cooperation with the German carmaker's rival Geely, deepening the alliance between two companies.

Thu, 28 Mar 2019 08:30:44 GMT

VW has no plans for FCA tie-up

On Thursday, Volkswagen's CEO Herbert Diess said to the Il Sole 24 Ore newspaper his company was not interested in any cooperation with Fiat Chrysler, adding the German automaker's efforts were currently focused internally.

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