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Ursula von der Leyen, president of the European Commission, during a news conference at the Mercosur Leaders Summit in Montevideo, Uruguay, on Friday, Dec. 6, 2024. Bloomberg | Bloomberg | Getty Images The European Union’s blockbuster trade deal with South America’s Mercosur bloc is widely regarded as highly controversial, with EU member states split over
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Eaton proved to be something of an artificial intelligence dark horse in 2024 — riding the AI investment wave with best-in-class power management solutions. A big backlog of projects should keep the company busy for the foreseeable future. Year-to-date performance: up 40.2% Forward price-to-earnings multiple: 28.0 versus a five-year average of 22.3 Our rating: Hold-equivalent
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Vehicles are offered for sale at a Nissan dealership on December 18, 2024 in Libertyville, Illinois.  Scott Olson | Getty Images Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a press conference on Monday, Honda CEO Toshihiro Mibe said the
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Makoto Uchida (L), president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe (R), director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024.  Richard A. Brooks | Afp | Getty Images Nissan Motor shares surged Wednesday following a media report that
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Professionalstudioimages | E+ | Getty Images President-elect Donald Trump has been vocal about potentially raising tariffs on imported goods, which experts say could bump up car prices. Trump has talked about implementing an additional 10% tariff on Chinese imported goods, as well as adding tariffs of 25% on all products from Mexico and Canada. On
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Open Extended Reactions Formula 2 runner-up Isack Hadjar will replace Red Bull-bound Liam Lawson at RB in 2025. Editor’s Picks 1 Related French driver Hadjar, 20, will step up to partner Yuki Tsunoda at the junior team. Lawson’s move to the senior Red Bull team as the replacement for the outgoing Sergio Perez was confirmed
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Dec 18, 2024, 01:25 PM ET Open Extended Reactions The first Ferrari Formula 1 car to be raced by Lewis Hamilton will be revealed at a launch event at the team’s factory in Maranello on Feb. 19 next year. After 12 years at Mercedes, Hamilton’s Ferrari contract will start in January next year and see
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Dec 20, 2024, 09:54 AM ET Open Extended Reactions Yuki Tsunoda will represent experience and continuity at Racing Bulls next year but, passed over for promotion, the Japanese looks to be running out of road at the Red Bull-owned Formula 1 team. Editor’s Picks 2 Related A flurry of Red Bull announcements culminated on Friday
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