Volvo Cars cited a planned inventory reduction, as well as wider global auto industry turbulence as reasons for its lagging first quarter performance
8
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Showing only topics with the tag "author.indrabati lahiri".
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Coolcations in destinations such as Norway, Iceland and Finland are expected to continue seeing a boom this summer – but could they cause overtourism in the Nordics?
9 votes -
Nokia announces ex-Intel AI and data centre boss Justin Hotard as new CEO – company attempting to venture into artificial intelligence market as 5G sales fall
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Volvo Cars CEO Jim Rowan offers bleak assessment of year ahead for motor industry – shares his views on tariffs and the development of electric vehicle sales
7 votes -
Swedish battery cell maker Northvolt, which produces cells for electric vehicles, has announced that it has filed for Chapter 11 bankruptcy in the US
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Swedish battery company Northvolt has announced it would be laying off a large part of its workforce and selling or consolidating several sites as the electric vehicle market slows down
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Could Britain's soaring taxes push energy companies to Norway? Taxes on oil and gas profits have risen from 40% to about 78%, prompting several to think about pulling out.
7 votes