Recent Posts

Fiat bringing 500 minicar back to US in reprise of electric flop

  Bloomberg Fiat, the Italian car brand owned by Stellantis NV, said it will bring the 500e, an electric version of its urban minicar, back to North America in 2024, roughly three years after it yanked the model from US dealerships. The Fiat 500e, which is currently made at its Mirafiori plant in Turin, Italy, has been doing well in ...

Read More »

Google to pay $391 million over ‘crafty’ location tracking

  Bloomberg Google agreed to pay a total of $391.5 million to 40 US states to resolve a probe into controversial location-tracking practices that the Alphabet Inc. unit says it already discarded several years ago, in what state officials are calling the largest such privacy settlement in US history. Google will “significantly improve” its location-tracking disclosures and user controls starting ...

Read More »

EV maker VinFast plans US IPO

  Bloomberg VinFast, an electric vehicle maker backed by Vietnam’s richest man, is weighing whether to hold its planned initial public offering in the US as soon as January 2023. The unit of conglomerate Vingroup JSC could raise at least $1 billion but it could also be more depending on interest, one of the people said, asking not to be ...

Read More »
Send this to a friend