GM temporarily suspends advertising on Twitter following Musk takeover

DETROIT — Standard Motors is suspending its promotion on Twitter following Elon Musk’s takeover of the social media system, the firm informed CNBC on Friday. The Detroit automaker, a rival…

Stellantis suspends vehicle production in Russia

MILAN – Stellantis on Tuesday claimed it was suspending creation at its Russian plant because of to logistical difficulties and sanctions imposed on Moscow. The world’s fourth-biggest automaker, which developed…

Chinese electric car company Nio hikes prices, suspends production

Nio reported it has suspended manufacturing owing to Covid-connected limitations in the very last several weeks that halted generation at suppliers’ factories. Very long Wei | Visible China Team |…

Bollinger Suspends Plans for Electric B1 SUV and B2 Pickup

Electrical startup Bollinger Motors declared now that it will be placing its consumer EVs on the back again burner. The B1 SUV and B2 pickup truck ended up intended to…

Bitcoin slides after Elon Musk tweets climate concerns, suspends Tesla acceptance

CNBC.com’s Pippa Stevens brings you the day’s prime business enterprise information headlines. On modern clearly show, Kate Rooney explains Tesla’s suspension of bitcoin payments for cars. Moreover the “Immediately after…