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Vietnam's Carmaker VinFast Eyes More Countries For Its European Strategy
VinFast became Vietnam's first fully fledged domestic car manufacturer when its first gasoline-powered models built under its own badge hit the streets in 2019.
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San Francisco Raises Tesla 'Self-Driving' Safety Concerns As Public Test Nears
The San Francisco County Transportation Authority (SFCTA) also disputed the name of the system, "Full Self-Driving" (FSD) saying it is an advanced driver assistance program, not an autonomous vehicle system.
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Indian Auto Dealers Ask Government For Help After Ford Exit Setback
The Federation of Automobile Dealers Association (FADA) said in a letter to India's industries ministry, sudden exits by global companies "cause great distress."
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Uber To Roll Out Pension Plans For UK Drivers
Uber and GMB also urged other ride-hailing companies like Ola, Bolt and Addison Lee to offer similar benefits to their drivers.
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New Semiconductor Plants Will End Global Auto Chip Shortage Next Year: Musk
Asked how long he thought the global chip shortage would affect vehicle production, Musk said: "short term I think".
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Electric Vehicles May Cut Global Refining Capacity Demand By Half In 2050: Report
Electric vehicles will cut global consumption of petrol and diesel, but demand for other refined oil products in aviation, maritime and petrochemical sectors could remain high because of urbanisation.
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GM President: Global Chip Supplies To Stabilize At Lower-Than-Desired Levels
The global chip shortage has caused GM and automakers globally to idle production at plants, with some executives warning the issue could linger into 2023.
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A life And Death Question For Regulators: Is Tesla's Autopilot Safe?
Since 2016, U.S. auto safety regulators have separately sent 33 special crash investigation teams to review Tesla crashes involving 11 deaths in which advanced driver assistance systems were suspected of being in use.
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Stellantis To Push Into Challenging Indian Market With Citroen
The company said it plans to produce a new version of the Citroen C3, positioned as a city car in Europe, in India and Latin America for launch in the second half of 2022.
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Iveco Charts Future After CNH With Nikola Electric Truck Deal
In a sign of Iveco's ambitions, the truckmaker on Wednesday signed a memorandum of understanding under which it and partner Nikola will test and deliver up to 25 vehicles to the port of Hamburg, one of Europe's largest.
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Oil Falls As Storm-Hit U.S. Supply Trickles Back Into Market
For the week, Brent was up 3.3% and U.S. crude was up 3.2%, supported by tight supplies due to the hurricane outages.
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India's September Diesel Sales Remain Below Pre-COVID Levels
Diesel sales by the country's state fuel retailers came in at 2.1 million tonnes during Sept. 1-15, a decline of about 1.5% from last year and down 6.8% from the same period in 2019, the data showed.
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China Tells Firms To Boost Cyber, Data Security Oversight On Connected Vehicles
All relevant companies should establish data security management systems and regularly assess risks from network attacks, the Ministry of Industry and Information Technology said in a statement.
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VW's SEAT To Extend Assembly Curbs In Spain Into 2022 On Chip Shortage
The company slowed production in the first half of the year, then exceptionally opened the factories in August to offset the shortfall, but was eventually forced to idle part of its operation in late August.
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Chip Supply, Testing Woes To Further Curb Light Vehicle Production In 2021: Report
Automakers from General Motors to Japan's Toyota have slashed output and sales forecasts due to scarce chip supplies, made worse by a COVID-19 resurgence in key Asian semiconductor production hubs.
Read More →Tesla To Work With Global Regulators On Data Security: Musk
Tesla, which assembles vehicles for the Chinese market in Shanghai, has been under scrutiny in China this year over its storage and handling of customer data.
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GM Extends EV Bolt Production Halt To Mid-October
GM said the extension of the production halt at its Orion Assembly plant will go through at least Oct. 15. GM also said it was cutting production at six other North American assembly plants because of the ongoing semiconductor chips shortage.
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Infineon Opens Austria Plant Early In Chip Capacity Boost
The Villach factory, ready three months early, will make chips on 300 mm wafers thinner than a human hair, operating in tandem as a 'megafab' with an existing German plant in Dresden.
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Daimler Truck Boss Says Chip Supply Has Tightened Further
Daum said the tightening of supply could have a major impact on unit sales in the third quarter, adding he saw no signs of a fast recovery and the issue would stay with the sector for a while.
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Oil Rallies To $73 On Tight U.S. Supplies, Biden-Xi Call
Oil and equity markets also got a boost from news of a call between U.S. President Joe Biden and his Chinese counterpart Xi Jinping. The call raised hopes for warmer relations and more global trade, analysts said.
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