Latest in Volkswagen to sell controversial factory in China’s Xinjiang
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Volkswagen to sell controversial factory in China’s Xinjiang
Volkswagen has faced major criticism from activists and investors over its interest in the Xinjiang factory which it first opened in 2013Business - MarketWatch - 3 days ago -
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Volkswagen to Exit China’s Xinjiang Region After 12 Years
The automaker has long been criticized by human rights activists for doing business in the territory, where China has repressed Muslim ethnic groups.Business - The New York Times - 2 days ago -
Volkswagen to Exit China’s Xinjiang Region After 12 Years
The automaker has long been criticized by human rights activists for doing business in the territory, where China has repressed Muslim ethnic groups.Business - The New York Times - 2 days ago -
Matt Gaetz withdraws as Trump’s nominee for US attorney-general
Former congressman says controversy around his nomination had become a ‘distraction’Business - Financial Times - November 21 -
VW sells plant in Chinese region of Xinjiang
German carmaker has long resisted pressure from investors and human rights groups to exit the areaWorld - Financial Times - 3 days ago -
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At Israel's Northern Border, Caution and Fear Despite Hezbollah Truce
Many residents remain wary of returning to their homes near the border with Lebanon after this week’s cease-fire.World - The Wall Street Journal - 16 hours ago -
U.S. Factory Towns Laid Low by the ‘China Shock’ Are Benefiting From New Investments
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.Business - The New York Times - November 1 -
To Challenge China, India Needs to Get Out of the Way of Its Factory Owners
India has a fresh chance to become a manufacturing powerhouse with the election of Donald Trump, who has promised to levy sky-high import tariffs on Chinese goods.World - The Wall Street Journal - November 23 -
Trump's sharp tariff hikes could speed up China's shift to new markets and offshore factories
U.S. President-elect Donald Trump has threatened to sharply raise tariffs on all Chinese imports and close some loopholes Chinese exporters currently use to sell their products more cheaply in the ...World - ABC News - 4 days ago -
China’s Surveillance State Is Selling Citizen Data as a Side Hustle
Chinese black market operators are openly recruiting government agency insiders, paying them for access to surveillance data and then reselling it online—no questions asked.Tech - Wired - November 21 -
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.Business - The New York Times - November 12 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - November 13 -
Head of Volkswagen’s North American division steps down
Pablo Di Si leaves carmaker ‘at own request’ to be replaced by Porsche veteran amid push to regain US market shareWorld - Financial Times - November 19 -
Volkswagen workers in Germany prepare to strike within weeks
Executives reject union proposal that would rule out factory closures in the countryWorld - Financial Times - November 21 -
Volkswagen Workers to Begin Striking Monday, Union Says
IG Metall said its members would down tools for a few hours a day after the auto giant and union leaders failed to agree on how to cut costs.Business - The Wall Street Journal - Yesterday -
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Volkswagen cuts plan sends shock through the ‘Detroit of east Germany’
In the city of Zwickau, which has a proud history in the country’s mighty automobile industry, there are fears about the economic and political fallout . Zwickau gained its nickname as the Detroit ...World - The Guardian - November 3 -
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Volkswagen’s hopes of a US comeback shaken by Trump’s re-election
The threat of tariffs and subsidy shake-up comes as German carmaker faces weak American sales of its all-electric SUVWorld - Financial Times - November 19 -
Volkswagen Chooses Rivian's Kjell Gruner to Lead U.S. Business
The German car maker said Gruner would take over as chief executive of Volkswagen’s America operations on Dec. 12.Business - The Wall Street Journal - November 19 -
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Volkswagen Faces Prospect of Strikes in December as Talks With Unions Set to Continue
Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from lower-cost Chinese competitors.Business - The Wall Street Journal - November 21 -
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ISM factory index drops, marking 7th straight month below growth threshold
The malaise that has loomed over the manufacturing sector for the better part of the past two years seems like it will continue, according to one economist.Business - MarketWatch - November 1 -
Body of Tennessee Factory Worker Killed in Hurricane Helene Is Found
She is believed to be the last employee who was missing after the plastics plant flooded. Authorities are still investigating the circumstances around the deaths.Top stories - The New York Times - November 2 -
U.S. factory orders tumble in September, for fourth drop in the past five months
Orders for manufactured goods fell 0.5% in September, the Commerce Department said Monday. It is the fourth decline in orders in the past five months.Business - MarketWatch - November 4 -
Trump’s Tariffs Could Deal a Blow to Mexico’s Car Factories
The president-elect has said he could impose punitive tariffs on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.Business - The New York Times - November 12 -
Trump Will Likely Cut the Ribbons on Biden’s Factories and Infrastructure Projects
The outgoing president funded new plants and big economic initiatives, but his successor may be able to put his name on the finished products.Business - Inc. - November 12
