Auto Industry
Reuters
Oct 26, 2022, 7:33 PM
Shares of the microblogging site were down marginally at $51.12, after rising 20% since Musk this week proposed to go ahead with the April bid of $54.20 per share to take Twitter private.
2 Min
Seshan Vijayraghvan | Oct 26, 2022Eco-Activists Storm Paris Motor Show And Vandalise Supercars Including A $180,000 FerrariIn addition to holding up banners and chanting slogans, four out of the near dozen protesters glued their hands to a few supercars and smeared black paint on their bonnets. This included a Ferrari Testarossa worth $180,000.2 mins read
Shubham Parashar | Oct 26, 2022Diwali 2022: Passenger Vehicles Sales Paces Up During Dhanteras – ReportSales of passenger vehicles went up by nearly a tenth in in the two days of Dhanteras.1 min read
Reuters | Oct 25, 2022Oil Jumps More Than 3% Ahead Of OPEC+ Meeting On Supply CutsOil rose by nearly $3 a barrel on expectations of a large cut in crude output from the OPEC+ producer group and as a weaker U.S. dollar made oil purchases less expensive.3 mins read
Reuters | Oct 25, 2022Lyft Hikes Service Fee For Rides As Insurance Costs RiseLyft is increasing the service fee its U.S. riders pay directly to the company to cover higher insurance costs.1 min read
Reuters | Oct 25, 2022A Foxconn Tesla? Taiwan Tech Giant Targets 5% Of EV Manufacturing By 2025Foxconn said it hopes to one day make cars for Tesla as it ramps up EV manufacturing, in a strategy to diversify its business.2 mins read
Reuters | Oct 25, 2022Hyundai To Launch $5.5 Billion U.S. EV Plant, As New Law Dims Sales OutlookHyundai will break ground on a $5.54 billion electric vehicle and battery plant in the United States, as South Korea's biggest automaker grapples with an uncertain outlook for its EV sales in its top market.2 mins read
Reuters | Oct 25, 2022Oil Prices Ease On Chinese Demand Data, Stronger DollarOil settled lower in choppy trade as data showing demand from China remained lackluster in September and a strong U.S. dollar weighed.2 mins read
Reuters | Oct 25, 2022Oil Gains As U.S. Dollar Eases Though Demand Fears LingerOil prices rose as the U.S. dollar eased against major peers.2 mins read
