Chinese BAIC seeks $4.5B backdoor listing for EV unit

Source: Dukascopy Bank SA
China's Beijing Automotive Group is set to take its electric car unit public by implementing it into the listed subsidiary in a move worth $4.5B.
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Tue, 23 Jan 2018 08:17:01 GMT

Mercedes-Benz to call off nearly 7K cars in Russia

Daimler's Mercedes-Benz is planning to recall 6,639 vehicles in Russia, following an order that affects cars of the majority of carmaker's classes that were produced in the 2012-2014 time period.

Tue, 23 Jan 2018 07:26:55 GMT

Netflix pays $39M charge over Spacey scandal

Netflix took a $39M charge late last year amid sexual misconduct scandal that involved the actor Kevin Spacey, as the streaming video service stopped all projects associated with him.

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