Auto Industry
Reuters
Sep 30, 2022, 5:23 AM
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one.
5 Min
Reuters | Sep 30, 2022Car Electrification Unlikely To Erase Market For Ethanol, Says ProducerThe global movement by governments and automakers to boost electrification of cars does not mean ethanol will be dead as a product, according to an executive of one of the world's largest producers of the biofuel.1 min read
Reuters | Sep 30, 2022Tesla Is Sued By Drivers Over Alleged False Autopilot, Full Self-Driving ClaimsTesla Inc was sued on Wednesday in a proposed class action accusing Elon Musk's electric car company of misleading the public by falsely advertising its Autopilot and Full Self-Driving features.2 mins read
Reuters | Sep 30, 2022Taiwan President Warns Of 'Volatile' Challenges Facing Chip IndustryTaiwan's President Tsai Ing-wen warned the semiconductor industry faces new and "volatile" challenges, but said her government will work with the sector to overcome them.1 min read
Reuters | Sep 30, 2022Violent Protests Flare Up In Haiti Over Fuel Price Hikes, Rampant CrimeResidents of Haiti's capital Port-au-Prince sheltered at home as gun fire rung out, road blocks and burning tires were placed along city streets and protesters threw stones in an angry response to expected new fuel price hikes and crime.2 mins read
Reuters | Sep 30, 2022India Road Ministry Issues Draft Rules For Mandatory Rear Seat Belt AlarmsThe last date for public comments on draft rules is Oct. 5, according to the notification.1 min read
Reuters | Sep 30, 2022Tesla Weighs Reset For China Retail Strategy Even As Sales BoomTesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during COVID restrictions, two people with knowledge of the plans said.3 mins read
Reuters | Sep 30, 2022Indian Shares Post Weekly Decline As Tech, Autos TumbleIndian shares dropped nearly 2% to register a weekly decline, dragged by a sharp fall in technology and automobile stocks following a broader global selloff over recession worries.2 mins read- Reuters | Sep 30, 2022Upset By High Prices, GM's Cruise Develops Its Own Chips For Self-Driving CarsGeneral Motors' autonomous driving unit Cruise has developed its own chips for self-driving cars to be deployed by 2025, as they aim to bring down costs and scale up volume, executives said.2 mins read
