Auto Industry News
Australia's Greens Back Climate Law But Vow To Fight Coal, Gas Projects
Australia's Greens party threw its support behind the government's climate change legislation, clearing the way for a bill enshrining a pledge to cut carbon emissions by 43% by 2030, but said it would oppose new fossil fuel projects.
Wall Street Rallies On Economic Data, Crude Falls As Stockpiles Jump
Aug 29, 2022 10:47 PM
U.S. stocks jumped to a sharply higher close and Treasury yields touched two-week highs on Wednesday.
Japan PM Kishida Pledges New Steps To Deal With Rising Fuel Prices
Aug 29, 2022 10:46 PM
Kishida will instruct his government to come up with additional measures to cushion the economic blow from rising energy prices.
India Approves New Emissions Targets To Tackle Climate Change
Aug 29, 2022 10:45 PM
India has finally approved new targets for slashing planet-warming emissions, more than a year after a United Nations deadline for updated commitments.
Indian Oil Aims To Restart Paradip Refinery From Mid-Sept - Report
Aug 29, 2022 10:45 PM
Indian Oil will restart crude processing at its refinery in Odisha from mid-September after a 45-day maintenance turnaround.
Lidar Maker Innoviz Signs $4 Billion Supply Deal With Volkswagen
Aug 29, 2022 10:45 PM
Innoviz Technologies will supply hardware and software to Volkswagen AG's Cariad unit in a deal valued at $4 billion.
Michigan Working To Attract Chip Manufacturers Under New U.S. Bill - Report
Aug 29, 2022 10:45 PM
Michigan Governor Gretchen Whitmer said the state is well positioned to attract new investment in semiconductor chips manufacturing after Congress passed $52 billion in new subsidies.
Auto Supplier Aptiv Cuts Forecast On Europe Gas Supply Worries
Aug 29, 2022 10:45 PM
Aptiv lowered its annual forecasts for profit and revenue, blaming production cuts by major automakers in Europe as the region braces for a disruption in gas supplies from Russia.
Britain Sets Out Roadmap For Self Driving Vehicle Usage By 2025
Aug 29, 2022 10:42 PM
Britain said it wanted a widespread rollout of self-driving vehicles on roads by 2025, announcing plans for new laws and 100 million pounds ($119.09 million) of funding.
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