Volkswagen Prepares for a Deglobalized World
For years, Volkswagen AG thrived as a global company, building and selling its cars all around the world. But as war, health scares and trade disputes roll back decades of Continue Reading
Geely questions future in Russia despite opening for China’s carmakers
Geely is examining its future in Russia, casting doubt on expectations that China’s carmakers would push further into the country to take advantage of the exodus of international groups following Continue Reading
Batteries On A “Ridiculous” Cost Surge, Chinese EV Maker Says
Battery prices for electric vehicles are seeing a “ridiculous” increase on the back of soaring raw material prices, and carmakers will soon have to raise prices if they haven’t done Continue Reading
‘Grand Theft Aero’: Russia’s $10bn plane grab signals losses for lessors
Three days after the invasion of Ukraine, a Boeing 737 — operated by Russia’s Pobeda but owned by Dublin-based Avolon — was impounded after landing in Istanbul. The plane’s seizure Continue Reading
High Jet Fuel Prices Can’t Curb Consumers’ Insatiable Demand To Fly
As oil prices soared well above $100 after Russia’s invasion of Ukraine, the airline industry was bracing for demand destruction as jet fuel prices climbed. Following two years of COVID-related Continue Reading
The Supply Shortage That Could Derail The Electric Car Boom
Key battery metals are facing a shortage as the Ukraine-Russia war heats up An already voracious commodity supercycle is now witnessing even greater momentum amid fears of major supply-chain disruption Continue Reading
Russian law creates new hurdle for foreign plane lessors
Russia on Monday passed a law allowing the country’s airlines to place airplanes leased from foreign companies on the country’s aircraft register – a manoeuvre likely to stoke Western fears Continue Reading
As Gas Prices Soar, Buyers Find Fewer Fuel-Efficient Car Options
Americans looking to offset surging gasoline prices with a more fuel-thrifty vehicle aren’t likely to find much on the car lot today. The sharp rise in fuel costs, driven in large Continue Reading
Biden Administration Stops Short of Electric Vehicle Mandates for Trucks
.When Angelo Logan was growing up in the city of Commerce, California, in the 1970s, he remembers how residents used to call the weeks leading up to Christmas the “truck Continue Reading
Aeroflot’s Decades-Long Turnaround Faces Undoing –
Russian Airlines PJSC spent billions of dollars over two decades transforming itself from a stodgy, Soviet-era carrier, with bland food and uncomfortable seats, into an award-winning airline flying new jets Continue Reading