Latest in Xpeng Halves
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XPeng Halves Loss on Strong EV Sales, Record Margin
Known for its high-end software-driven smart EVs, XPeng has targeted the mid- to low-price segments lately, hoping to woo price-sensitive customers.Business - The Wall Street Journal - 14 hours ago -
XPeng sees ‘knockout’ phase in China’s auto market in the next few years
XPeng’s stock gains after quarterly results top expectations, and the deliveries outlook was upbeat.Business - MarketWatch - 10 hours ago -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
Toyota Motor Cuts Sales Forecast After Quarterly Profit Halves
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.Business - The Wall Street Journal - November 6 -
Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Carmaker to slash global production capacity by a fifth in emergency turnaround planWorld - Financial Times - November 7 -
Carl Icahn’s investment arm’s stock slides after company again halves dividend
Icahn Enterprises LP’s stock fell 7% early Friday, after a report that Carl Icahn’s investing arm is planning to cut its dividend to help raise the funds to expand his stake in portfolio company ...Business - MarketWatch - November 8 -
World’s largest olive oil producer says ‘liquid gold’ prices on track to halve from record levels
Spain's Deoleo, the world's largest olive oil producer, says one of the most challenging moments in the industry's history appears to be drawing to a close.Business - CNBC - 4 days ago -
'I love being my own boss': 30-year-old quit her job and halved her salary to run her side hustle full-time
While her income is lower than it was in her previous job, Anna-Marie Ortiz is happier as a small business owner.Business - CNBC - 3 days ago
