China's Didi raises $4.4 billion in upsized U.S. IPO
The ride-hailing service sold 316.8 million American Depositary Shares, versus the planned 288 million, at $14 apiece, valuing Didi at about $73 billion.
Ohio's Workhorse challenges Postal van fleet award
The award to Oshkosh for as many as 165,000 mostly gasoline-powered vehicles drew notice because it bypassed fledgling EV specialist Workhorse after President Joe Biden ordered a clean-energy fleet.
Mexico looks at improving contract votes after GM dispute
Mexico’s labor ministry plans to allow inspectors to not only silently observe the vote, but also “assume a proactive role,” including suspending the process if they detect irregularities or potentially illegal acts.
Tesla wins against green activists who sought to delay European plant
Environmental groups argued Tesla had not sufficiently clarified the precautions it would take to prevent potentially poisonous gas from escaping from the factory.
Lithia buys Toyota and Subaru dealerships near Seattle; Swickard adds Toyota store
Seattle-area dealer David Broadus sold two dealerships to Lithia Motors and one to Swickard Auto Group.