05:41 AM EDT, 06/04/2024 (MT Newswires) -- STMicroelectronics ( STM ) said Tuesday it signed a long-term silicon carbide, or SiC, supply agreement with automobile manufacturer Geely Auto Group to boost their existing partnership on SiC devices. Financial terms of the agreement were not disclosed. Under the multi-year contract, STMicroelectronics ( STM ) will provide multiple Geely Auto brands with...

June 4 (Reuters) - Toyota ( TM ) will recall over 100,000 SUVs and pickup trucks in the U.S. over debris in the engine potentially causing it to stall, the National Highway Traffic Safety Administration (NHTSA) said on Tuesday. The recall includes some Toyota Tundra pickup trucks and Lexus LX600 SUVs equipped with the Japanese automaker's V35A six-cylinder engine. Debris...

OSLO (Reuters) - Tesla investor KLP, Norway's largest pension fund, will vote in favour of a shareholder proposal urging the U.S. electric vehicle maker to engage in wage and other labour negotiations as it continues to face industrial action in Sweden. A strike by Tesla mechanics in Sweden, among the country's longest labour disputes, has since Oct. 27 disrupted operations,...

June 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** An independent board formed by MultiChoice recommended an all-cash mandatory offer made by French media group Vivendi's Canal+ for the shares it does not already own in the South African broadcaster, the companies said. ** Spanish anti-trust watchdog CNMC said Spanish...