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Auto Industry
Reuters
Dec 1, 2022, 5:18 AM
A General Motors and LG Energy Solution $2.3 billion joint venture battery production plant in Ohio has begun production.
2 Min
Reuters | Dec 1, 2022Oil Dives Nearly $6 A Barrel On Demand Fears, Iraq ExportsOil prices fell nearly $6 a barrel, the steepest decline in about a month, on fears that fuel demand could soften as global central banks hike rates to fight surging inflation, and as unrest in Iraq failed to dent the OPEC nation's crude exports.3 mins read
Reuters | Dec 1, 2022This Decade's Oil Boom Is Moving Offshore - Way OffshoreGlobal oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast.5 mins read
Reuters | Dec 1, 2022Oil Prices Climb 1% As U.S. Fuel Inventories FallOil prices recovered slightly as data pointed to firm U.S. fuel demand, providing respite after a 5% drop a day earlier on fears that demand will suffer from increased China COVID curbs and central bank interest rate hikes.2 mins read
Reuters | Dec 1, 2022Musk Looks To Delay Twitter Trial Following Whistleblower ClaimsElon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.3 mins read
Reuters | Dec 1, 2022Stellantis Plant In Sochaux Halted Over Chip ShortageCar production at Stellantis' Sochaux car plant in France will be suspended until Saturday, the company confirmed to Reuters, after a union official cited semiconductor shortages as the reason for the interruption.0 mins read
Reuters | Dec 1, 2022Tesla Likely Must Face California Agency's Race Bias LawsuitA California state judge said he would likely deny Tesla Inc's bid to dismiss a lawsuit by the state's civil rights agency accusing the electric car maker of widespread race discrimination at an assembly plant.2 mins read
Reuters | Dec 1, 2022Chinese Airline Owner Juneyao Group Plans To Enter Booming EV Market - SourcesJuneyao Group, the parent of Chinese carrier Juneyao Airlines, plans to start making electric vehicles (EV), two people with knowledge of the matter said, as it seeks to diversify from businesses that have been hit hard by COVID.3 mins read
Reuters | Dec 1, 2022India's State-Funded Helmet Promises 'Fresh Air' In Battle On Winter SmogAs India's capital of New Delhi prepares for winter - and the accompanying season of acrid smog - the government is promoting a motorcycle helmet fitted with filters and a fan at the back that it says can remove 80% of pollutants.2 mins read
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