"As the shortage of semiconductors continues, this is a provisional measure aimed at delivering cars to customers as quickly as possible," Toyota said in a statement.
The deal's completion would mark an end to a lawsuit by Twitter, which, along with investors, now expects the deal to be completed on its original terms of $54.20 per share.
Musk, Twitter co-founder Jack Dorsey and investors in the deal had previously suggested moving away from advertising and seeking revenue from subscriptions and other means.
As Ford, General Motors Co and other companies began to realize they would need to step up investment over a longer period of time, "it was never clear what the financial returns were going to be" on automated vehicles, Evangelos Simoudis, an investor, author and corporate adviser
Brent crude futures for December delivery settled at $93.26 a barrel, down 24 cents, 0.3%, after rising 2% last week. U.S. West Texas Intermediate crude lost $84.58 a barrel, losing 47 cents, 0.6%. Both benchmarks had fallen by $2 a barrel earlier in the session.
Alison-Madueke was a key figure in the administration of former President Goodluck Jonathan who served as petroleum minister from 2010 to 2015. She has been dogged by corruption allegations since she left office but denies the charges.
Figures on Wednesday showed record U.S. crude exports, a hopeful sign for demand, even as crude stocks rose. The U.S. dollar weakened in early trade on hopes that interest-rate hikes may become less aggressive.
The Delhi chapter of the Federation of Automobile Dealers Association and Delhi Government will collaborate to further push the use of digital services in the car buying process.
Today’s used car buyer is looking for more than a well-functioning car with decent mileage on it. They also want value added services like warranties, financial assistance, digital purchase experience and more.
There's been a major demand and supply mismatch in the last couple of years, leading to a longer than usual waiting period across models, and previous bookings take priority over newer ones.
Magenta Power and eMatrixmile India will set-up the charging stations in a phased manner across Mumbai and MMR in Maharashtra as eMatrixmile aims to establish its e-scooter scooter rental service.
Ford Motor Co said on Tuesday its new Maverick compact pickup truck will have a gasoline-electric hybrid powertrain as standard equipment, a technology choice aimed at keeping the vehicle's starting price below $20,000.
The first shipment of 100 units of the Tang all-wheel-drive SUVs sets sail from the Port of Shanghai, scheduled to arrive at dealerships in Norway towards the end of summer.
Hyundai Motor India Foundation has handed over the medical equipment to Manish Sisodia- Deputy Chief Minister of Delhi for further distribution to hospitals in the state in a bid to support the COVID treatment.
Last month the home-grown utility vehicle manufacturer produced 10,217 SUVs in the country, a 42.28 per cent decline compared to 17,704 units manufactured in April 2021.
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.
General Motors Co plans to offer subscriptions for its Onstar Guardian security services to anyone in the United States or Canada who wants to download a smartphone app, expanding beyond owners of GM vehicles in a step to generate recurring revenue.
Maruti Suzuki India manufactured 40,924 units last month, registering a de-growth of 74.4 per cent as compared to 159,955 units produced in April 2021.
Robert Bosch opened a 1 billion euro ($1.2 billion) chip plant in Germany on Monday, a record investment by the leading automotive supplier as it stakes a claim to equipping the latest electric and self-driving cars.
