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Auto Industry
Reuters
Nov 30, 2022, 9:56 PM
Oil prices fell on expectations that U.S. production could rise and as weaker economic data out of China and the country's widening COVID-19 curbs weighed on demand.
2 Min
Reuters | Nov 30, 2022Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo ReportsJapan will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.2 mins read
Reuters | Nov 30, 2022VW's SEAT Says Spain's Subsidy For Battery Plant, EV Production 'Not Sufficient'The chief of Volkswagen's Spanish unit SEAT said the subsidies offered by Spanish authorities for a battery factory construction and electric vehicle production "is not sufficient", but voiced optimism about finding a solution.1 min read
Reuters | Nov 30, 2022Stellantis To Refocus China Strategy With Jeep, Maserati BrandsStellantis sees its future as a niche player in China through its premium brand Jeep and luxury brand Maserati, its chief financial officer said.2 mins read
Reuters | Nov 30, 2022Lyft To Lay Off 683 Employees In Cost-Cutting PushLyft Inc said it would lay off 13% of its workforce, or about 683 employees, in the ride-hailing firm's latest cost-cutting step to cope with a weakening economy.1 min read
Reuters | Nov 30, 2022Volkswagen Sells Weshare To Berlin-Based Carsharing ServiceVolkswagen said it would not disclose the selling price as per the agreement.0 mins read
Reuters | Nov 30, 2022AI Chip Startup SiMa.ai Launches Auto Business With Former Bosch, Mercedes ExecutiveSiMa.ai said it is entering the automotive industry and has recruited Harald Kroeger, a former executive at top tier auto supplier Bosch and Mercedes Benz, to lead that business.1 min read
Reuters | Nov 30, 2022Stellantis Explores Making Compact Electric Vehicles In India - CEOThe company is yet to make a final decision1 min read
Reuters | Nov 30, 2022Vedanta Expects Revenue To Jump To $50 Billion In Two Years' Time - ReportVedanta Ltd expects annual revenue of $50 billion in the next two to three years, roughly double projected revenues for fiscal year 2023.1 min read
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