Auto Industry
Reuters
Oct 29, 2021, 6:44 PM
Panasonic raised its profit forecast for the year to March 31 to 370 billion yen ($3.25 billion) from 330 billion yen.
1 Min
Reuters | Oct 29, 2021Volvo Cars Hopes Downsized IPO Can Rev Up Investors' Electric DreamsThe listing comes at a time when investor appetite for the electric vehicle (EV) sector is robust, with Elon Musk's Tesla seeing its market value cross $1 trillion for the first time this week.1 min read
Reuters | Oct 29, 2021STMicro Expects High Chip Demand To Extend Well Into 2022STMicroelectronics expects high demand for the group's wide range of semiconductors to extend well into 2022.1 min read
car&bike Team | Oct 29, 2021Planning To Buy A Used Toyota Etios? Pros And ConsYou'll be able to land one in the pre-owned market for Rs. 5.5 lakh and this one will be in good shape1 min read
Reuters | Oct 29, 2021Japan's Factory Output Hit By Supply Snags As Outlook DarkensSeven out of eight Japanese automakers are seeing global output drop in September, as the global parts and chip shortage weighed on the sector.1 min read
Reuters | Oct 29, 2021Bosch To Invest More Than 400 Million Euro In Chip ProductionThe largest part of Bosch's budget will be spent on a faster expansion of its Dresden, Germany factory for 300-millimeter wafers, which the group inaugurated in June.1 min read
Reuters | Oct 29, 2021Chinese Electric Vehicle Maker BYD's Third-Quarter Profit Drops 27.5%The Shenzhen-based car company sold 452,744 vehicles in the first nine months this year, 63% higher from a year earlier, thanks to popular plug-in hybrid vehicles.1 min read
Reuters | Oct 29, 2021Rome Airport Readies For Flying Taxis By 2024Startup Volocopter hopes to make Fiumicino Airport a pioneer site for the rotor-bladed, battery-powered two-seater air taxi it is developing.1 min read
Reuters | Oct 29, 2021Hertz Says It May Expand Supply Of Teslas To Uber To 150,000 UnitsHertz earlier this week said it would order 100,000 Tesla vehicles by the end of 2022, half of which would be offered exclusively as a rental option for Uber drivers by 2023.1 min read
