Auto Industry
Reuters
Mar 31, 2023, 7:59 PM
The company plans to communicate with all its employees over the next three days about the plan, CEO Peter Rawlinson said in a letter, adding its U.S. workforce will see reductions in nearly every organization and level, including executives.
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Reuters | Mar 31, 2023Tesla To Deliver Strong Q1 Retail Sales In China: ReportThe U.S. EV maker's retail sales in China totaled 106,915 units from Jan. 1 to March 19, or 1,371 units per day on average, according to data from China Merchants Bank International, which tracks car insurance registrations.0 mins read
Reuters | Mar 31, 2023Vietnam's Be Group In Deal To Become Country's First Ride-Hailing Firm To Use EVsVietnam is promoting the production and mass use of EVs as part of efforts to achieve carbon emission neutrality by 2050. There are currently about 7,800 electric vehicles on its roads, according to Vinfast.0 mins read
Reuters | Mar 31, 2023China's Meizu Unveils First Smartphones Since Deal With Geely FounderA company run by Geely Chairman Eric Li took a majority stake in Meizu last year, making the Volvo owner the first established carmaker to enter the premium smartphone sector. He later named the company Xingji Meizu, with the brand as its smartphone arm.0 mins read
Reuters | Mar 31, 2023US Semiconductor Index Hits Highest In Nearly A Year On Hopes For Industry TurnThe index climbed 1.6%, adding to a gain of more than 3% on Wednesday, and it is now on track for its biggest two-day percentage gain in nearly two months, hitting its highest level since April 6 after a flurry of updates from several chipmakers including Intel, Micron Technology and Germany's Infineon.0 mins read
Reuters | Mar 31, 2023Vestager Optimistic For US-EU Battery Minerals Deal Similar To Japan'sVestager told reporters in Washington that European Union and U.S. negotiators are working on legal frameworks that would be different from the Japan deal.0 mins read
Seshan Vijayraghvan | Mar 31, 2023Over 200 Tata Harrier And Safari SUVs Are Made Every Day By An All-Women CrewSince February 2022, a crew of 1500 women have been working in multiple shifts assembling the two SUVs at the company’s Pimpri plant in Pune, Maharashtra.0 mins read
car&bike Team | Mar 30, 2023CFMoto Unveils Honda Grom-Rivalling Papio XO-1CFMoto's new retro-styled bike uses a 125cc fuel-injected engine delivering 9.4 bhp and 8 Nm0 mins read
car&bike Team | Mar 30, 2023Mumbai-Pune Expressway Toll To Be Hiked By 18% From April 1Drivers hit with major toll increase on the major intercity highway as state cites rising maintenance costs.0 mins read
