Auto Industry
Reuters
Aug 2, 2022, 10:40 PM
Uber Technologies Inc reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services.
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Reuters | Aug 2, 2022Toyota Unit Falsified Emissions Data From At Least 2003, Probe FindsA major affiliate of Japan's Toyota Motor Corp falsified emissions data on some engines going back to at least 2003, more than a decade earlier than previously indicated, a company-commissioned probe showed recently.3 mins read
Seshan Vijayraghvan | Aug 2, 2022Planning To Buy A Used First-Gen Hyundai i20? Here Are The Pros And ConsDepending on the model year and the condition of the car you can get a pre-owned first-gen Hyundai i20 for just under Rs. 2 lakh, going as high as Rs. 4 lakh. However, before you start looking for one, here are some pros and cons you must consider.2 mins read
Seshan Vijayraghvan | Aug 2, 2022Should You Buy A Used Fiat Punto? Here Are Some Pros And ConsThe Fiat Punto is still available in the used car market, and you can find a tonne of options even today. But should you consider buying a used Punto? Well, here are some pros and cons that could help you decide.2 mins read
Reuters | Aug 2, 2022China's CATL Reshuffles Management As Billionaire Executive ExitsChina's CATL said its vice chairman and deputy general manager Huang Shilin had resigned and would leave the battery maker to explore business opportunities elsewhere.1 min read
Reuters | Aug 2, 2022Shenzhen Accelerates China's Driverless Car Dreams By David KirtonOn a busy downtown street three delivery bikes suddenly dart over the pedestrian crossing ahead of the car. On the car's dashboard they look like small 3D blue blocks from a 1990s video game.4 mins read
Reuters | Aug 2, 2022Nikola To Buy Battery Supplier Romeo Power For $144 MillionNikola Corp has agreed to buy battery supplier Romeo Power Inc for about $144 million in stock, the electric truck maker said on Monday, in a move that will help jumpstart its efforts to make battery packs.1 min read
Reuters | Aug 2, 2022Carmaker BYD To Recall More Tang DM Hybrids In China Over Battery Faults - RegulatorChinese carmaker BYD Co Ltd is recalling more Tang DM vehicles due to faults with the battery pack trays which pose water inflow risks, the country's market regulator said.1 min read
Reuters | Aug 2, 2022India Shares End At Three-Month High Riding On Auto RallyIndian shares kicked off August on a positive note, with benchmark indexes hitting a three-month high led by a rally in automobile stocks on the back of robust monthly sales data.2 mins read
