After reducing its stake in 2021, Mercedes-Benz has now completely exited Denza. This marks the end of a fairly long-standing German-Chinese...
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The struggling Chinese premium electric car brand HiPhi has filed for bankruptcy. Due to a lack of sales, it is unable to pay suppliers. Human Horizons, the brand’s manufacturer, has filed for restructuring in Yangcheng, China. Founded in 2018 with grand ambitions, HiPhi wanted to push the EV envelope with two models with more than 600 hp, a 600 km range, and a price tag of more than € 100,000. Continue reading at newmobility.news.
After reducing its stake in 2021, Mercedes-Benz has now completely exited Denza. This marks the end of a fairly long-standing German-Chinese...
After reducing its stake in 2021, Mercedes-Benz has now completely exited Denza. This marks the end of a fairly long-standing German-Chinese...
Less than a year after Hoonigan became the face of an automotive parts conglomerate, the Ken Block-founded brand has entered bankruptcy.
Less than a year after Hoonigan became the face of an automotive parts conglomerate, the Ken Block-founded brand has entered bankruptcy.
Less than a year after Hoonigan became the face of an automotive parts conglomerate, the Ken Block-founded brand has entered bankruptcy.
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales.
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales.
The government has sent an offer to private banks and contractors who it owes about $2.8 billion for a possible restructuring of the debt. After...
The government has sent an offer to private banks and contractors who it owes about $2.8 billion for a possible restructuring of the debt. After...
PHILADELPHIA, Penn. — The Third Circuit ruled that Hertz, the auto rental firm that filed for bankruptcy in 2020 but reorganized in 2021, is solvent...