Auto Industry
Reuters
Aug 29, 2022, 10:54 PM
Traders and fund managers have left crude oil markets in recent months, dropping activity to a seven-year low amid the worst global energy crisis in decades as investors become unwilling to deal with persistently high volatility.
3 Min
Reuters | Aug 29, 2022GM, LG Energy Solution Considering Indiana For Fourth U.S. Battery PlantGeneral Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies' joint venture said.2 mins read
Reuters | Aug 29, 2022German Court Lets Tesla Ads Continue Referring To Autonomous DrivingTesla can continue referring to the capabilities of its driver assistance system and to autonomous driving in its advertising in Germany after a court threw out a complaint against the practice.1 min read
Reuters | Aug 29, 2022Indian Ride-Hailing Firm Ola Plans To Start Producing Electric Cars In 2024Indian ride-hailing firm Ola Electric plans to start producing electric cars in India in 2024 with a range of up to 500 km (310 miles), Chief Executive Bhavish Aggarwal said.1 min read
Reuters | Aug 29, 2022India's Maruti Suzuki Aims To Win Over SUV Buyers With New HatchbackMaruti Suzuki is betting that a bigger and more fuel efficient version of its small hatchback, Alto, can bring back buyers to a segment that long-dominated Indian roads but has recently lost its popularity to sports-utility vehicles (SUVs).2 mins read
Reuters | Aug 29, 2022Serbia, Kosovo Fail To Break Car Number Plate Impasse, Agree To More TalksThe leaders of Serbia and Kosovo failed to resolve differences fuelling tension between the estranged Balkan neighbours during talks, but they agreed to resume discussions ahead of a Sept. 1 deadline that could stoke further unrest.2 mins read
Reuters | Aug 29, 2022Oil Edges Off Low As Strong Export Demand Drains U.S. Crude StocksOil prices rose about 1.5% after hitting a six-month low, as a steeper-than-expected drawdown in U.S. crude stocks outweighed concerns over rising Russian output and exports as well as recession fears.2 mins read
Reuters | Aug 29, 2022India 10-Year Bond Yield Sees Biggest Drop In 2 Months Tracking OilIndian government bond yields declined, with the 10-year notes posting its biggest single day drop in two months in line with the slump in oil.2 mins read
Reuters | Aug 29, 2022US Tells India That Indian Ship Used To Reroute Russian-Linked Fuel To New YorkU.S. has expressed concern to India that it was used earlier this year to export fuel made from Russian crude to New York through high-seas transfers.1 min read
