Press Digest - Wall Street Journal - July 15

Reuters has not verified these stories and does not vouch for their accuracy.

• Lucid Group LCID.O has hired AlixPartners as a financial adviser to counsel the electric-vehicle startup on a turnaround.

• Uber Technologies UBER.N is in advanced talks with the German food-delivery company Delivery Hero DHER.DE regarding a potential acquisition, following an approach made by Uber in May that valued Delivery Hero at about $11.38 billion.

• Ford Motor F.N executive chairman Bill Ford said at an Axios event in Washington that the U.S. auto industry has to be prepared to take on China's competitive carmakers and expect that one day they will break into America.

• Alcoa AA.N said that it has reached a final investment decision with the governments of Australia, Japan and the U.S. to build a gallium production plant at the company’s Wagerup alumina refinery in Western Australia.