Auto Industry News
AMD Chip To Power Auto Supplier Aisin’s New Automated Car Parking System
The chip is called the Zynq UltraScale+ MPSoC and was developed by Xilinx, which was acquired by AMD this year.
South Korea Warns Of Supply Disruptions, Economic Damage If Truckers Strike
Nov 30, 2022 10:45 PM
South Korea Warns Of Supply Disruptions, Economic Damage If Truckers Strike
India Panel To Favour Linking Local Gas Prices To Local Crude Basket - Report
Nov 30, 2022 10:28 PM
The panel is expected to recommend a floor of about $4 per million British thermal units (mmBtu) and a ceiling of $6.50/mmBtu
Faraday Future Appoints Xuefeng Chen As Global CEO
Nov 30, 2022 10:24 PM
Chen, who was most recently the CEO of the company's China division and has spent nearly two decades in the automotive industry, succeeds Carsten Breitfeld, who was removed from the role by the board, the company added in a filing.
Mazda unveils $11 Billion EV Spending Plan, Considers Investing In Battery Production
Nov 30, 2022 10:16 PM
The company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 2030
Oil Falls On China COVID Curbs And Weak Factory Data
Nov 30, 2022 10:13 PM
Oil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that the country's widening COVID-19 curbs will curtail demand.
Indonesia Hikes Fuel Prices To Rein In Ballooning Subsidies
Nov 30, 2022 10:13 PM
Indonesia raised subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.
Shenzhen Shuts Most Public Transport As China Battles Multiple Outbreaks
Nov 30, 2022 10:13 PM
The main districts of Chinese tech hub Shenzhen shut down public transport and extended curbs on public activities as cities across China battled COVID-19 outbreaks that have dampened the outlook for economic recovery.
India's BPCL Plans To load Sokol Cargo In Sept - Sources
Nov 30, 2022 10:13 PM
Indian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barrels of Russia's Sokol crude oil this month, sources familiar with the deal said.
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