About Reuters
Articles of Reuters
India Again Urges OPEC To Phase Out Oil Output Cuts
Earlier this year New Delhi repeatedly blamed oil output cuts by Saudi Arabia and other major producers for driving up crude prices as its economy tries to recover from the pandemic.
Read More →
Reality Check For Volkswagen In China After Sluggish Start For Electric Car Series
Volkswagen said it was confident the two ID.4 models would see sales growth and noted plans for three more ID models to be launched this year in China.
Read More →
Madras High Court Asks For Probe Into Renault-Nissan Plant's Social Distancing Norms
The Renault-Nissan workers union petitioned the Madras High court last month seeking to halt operations claiming that social distancing norms were being flouted.
Read More →
Carmakers In Chennai Allowed To Operate At Full Capacity
Tamil Nadu state, one of the country's worst-hit, allowed industrial units with export commitments to operate at 100% capacity, boosting its flourishing automobile industry.
Read More →
German State Of Bavaria In Talks With Intel On Chip Megafactory
A shortage of semiconductors is causing headwinds for Europe's car manufacturers and threatens to de-rail Germany's economic recovery from the coronavirus pandemic.
Read More →
Stellantis To Produce Four Electric Vehicles At Italy's Melfi Plant From 2024: Report
Future production at Melfi will be based on a single enhanced production line that will merge the two existing ones, the union said, adding the restructuring will leave production capacity at the site unchanged at around 400,000 units.
Read More →
Hyundai Motor Group Chases Local Chipmakers To Cut Exposure To Shortage
The company has suspended production at its South Korean factories as well as its production in the United States due to chip shortages.
Read More →
Britain In Talks With 6 Firms About Building Gigafactories For EV Batteries: Report
Car makers Ford Motor Co and Nissan Motor Co Ltd, conglomerates LG Corp and Samsung, and start-ups Britishvolt and InoBat Auto are in talks with the British government or local authorities.
Read More →
Carlos Ghosn Pledges Lengthy Fight To Clear His Name: Report
The Lebanese-French executive said he had answered hundreds of questions from French investigators earlier this month in hearings centred around allegations of financial misconduct in France.
Read More →
Volkswagen, Ford To Exit Auto Finance Business In India: Report
As some customers failed to make repayments, the finance unit has suffered losses, and will close for business by Dec. 31, the sources said.
Read More →
Mexican Auto Parts Lobby Sees Chip Supply Crunch Over By December
The supply crunch began last year as the coronavirus pandemic forced the North American auto industry to shut down for a couple of months, which kicked off a cascading series of order cancellations.
Read More →
Waymo, J.B. Hunt Test Robo-Trucks In Texas
The test comes as trucking companies are scrambling to find drivers, and experimenting with automated driving technology as a way to eventually reduce the need for human operators.
Read More →
Renault-Nissan's India Unit Wants State Government To Set Social Distancing Rules
The Renault-Nissan plant resumed operations last week after workers earlier went on strike saying they felt unsafe due to a rising number of coronavirus infections at the factory.
Read More →
Volkswagen Chairman To Seek Re-Election At Shareholder Meeting
Poetsch, 70, became chairman of the supervisory board in 2015, weeks after the start of the diesel emissions scandal - in which Volkswagen in 2015 acknowledged using illegal software to rig diesel engine tests in the United States.
Read More →
India's Fuel Demand Plunges In May On COVID-19 Lockdowns: Report
Indian fuel demand had recovered to near pre-pandemic levels in March but has been sliding since April owing to a resurgence in infections, prompting Indian refiners to cut crude processing and imports.
Read More →
Biden's Electric Vehicle Plan Includes Battery Recycling Push
Democrats are pushing aggressive climate goals to have a majority of U.S.manufactured cars be electric by 2030 and every car on the road to be electric by 2040.
Read More →
Carlos Ghosn's Lawyers Say Part Of French File Should Be 'Null And Void'
Carlos Ghosn, who has denied all wrongdoing, was chairman of both Nissan and Mitsubishi and chief executive of Renault when he was arrested on charges of under-reporting his salary and using company funds for personal purposes.
Read More →
Africa's Share In India's Oil Imports Hits 7-Month High: Report
Refiners shipped in about 4.2 million barrels per day (bpd) oil in April, a decline of about 8.7% from the same month last year.
Read More →
Tesla To Buy More Than $1 Billion Of Australian Battery Minerals A Year
Australia, which is rich in minerals used for batteries like lithium and nickel, is poised to benefit as developing supply chains for electric vehicle batteries while following responsible production practices.
Read More →
Toyota, Honda Temporarily Halt Production In Malaysia Due To COVID-19 Lockdown
Malaysian Prime Minister Muhyiddin Yassin on Friday announced a "total lockdown" from June 1 to 14 in a bid to contain a recent surge in coronavirus infections.
Read More →
