BMW will pay 3.7 billion euros ($4.2 billion) to take majority control of its Chinese joint venture after securing the necessary license from Beijing, as global automakers seek a tighter grip on business in the world's biggest car market.The German c...

Tesla Recalls over 800,000 vehicles to Repair Faulty Seat Belts   Tesla is recalling its 2021-2022 Model S sedan and 2022 Model X, Model 3 2017-2022, and 2020-2022 Model Y sedans due to seat belt failure. The problem is that the horn may not s...

Porsche Launched Taycon Sport Turismo For European Market   The base Taycan Sport Turismo is rear-wheel drive only and has a single electric motor. It is available with a standard 79.2 kWh battery pack, with a larger 93.4 kWh Performance Batte...

Aurora Plans to Develop Autonomous Vehicles Through Partnership With Amazon Web Services   Aurora has been very busy lately. The startup received funding from Kia and Hyundai in 2019 and later acquired Uber's autonomous car business in 2020. T...

USD / JPY  Technical Analysis - Small Pivot at 108.851 Controls Price Action   The main trend is up according to the daily swing chart. Trading through 109.362 will signal the resumption of the uptrend. Trading down to 104,923 will revers...

The Continued Movement of Yuan Below 108,230 will be the First Sign of Weakness   The dollar/yen rise to its highest level since June on Friday as comments from Federal Reserve Chairman Jerome Powell and better-than-expected employment data in...