Auto Industry
Reuters
Nov 30, 2022, 9:56 PM
Lyft 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.
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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
Reuters | Nov 30, 2022Iran Ready To Deliver Oil To India, Says Ambassador - ReportIran's ambassador to India Iraj Elahi said Iran wants to sell oil to India and is ready to deliver it.0 mins read
Reuters | Nov 30, 2022GAIL India's Profit Tumbles On Supply Cut From Former Gazprom UnitGAIL (India) Ltd reported a bigger-than-expected 46.3% fall in quarterly profit, hit by low gas sales due to supply disruptions from a former unit of Russian energy giant Gazprom.2 mins read
Reuters | Nov 30, 2022India Raises Ethanol Purchase Prices For State-Run Fuel RetailersIndian government has fixed a price of up to 65.61 rupees for purchase of ethanol from sugar mills as the nation wants to boost blending with gasoline.2 mins read
Reuters | Nov 30, 2022Hivemapper Starts Issuing Crypto Tokens For Vehicle Dashcam FootageDrivers around the world can generate cryptocurrency by installing a dashcam and sharing images with a San Francisco startup that aims to nab some buyers of street-level imagery away from Alphabet Inc's Google.2 mins read
