Auto Industry
Reuters
Jul 30, 2022, 5:01 PM
Musk's lawsuit was filed hours after Chancellor Kathaleen McCormick of the Delaware Court of Chancery ordered a five-day trial beginning Oct. 17 to determine if Musk can walk away from the deal.
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Reuters | Jul 30, 2022Chip Crunch Easing Could Weigh On Pricing Power, Tavares SaysIn a media call presenting the automaker's results in the first half of the year, Tavares said the industry was in a "very specific sweet spot right now".1 min read
Jaiveer Mehra | Jul 30, 2022JK Tyre Reveals New Range Of Electric Vehicle Specific TyresJK Tyre says the new tyres offer ultra-low rolling resistance while also being durable and offering improved traction.1 min read
Reuters | Jul 30, 2022Google Maps Launches Street View In India After 11-Year WaitAlphabet Inc's Google Maps launched its panoramic Street View service in 10 Indian cities in partnership with Tech Mahindra and Genesys, 11 years after a first attempt ran into regulatory troubles.1 min read
Reuters | Jul 30, 2022Brembo Open To Further Investment In Chinese JV As H1 Profit Tops ForecastBrembo could consider expanding its investment in a newly announced joint venture in China with Gold Phoenix, its executive chairman told Reuters after the Italian brakes maker posted a 13% rise in first-half core earnings.1 min read
car&bike Team | Jul 30, 2022Toyota Supplier Denso's Q1 Profit Tumbles 41%, Misses ViewJapan's Denso Corp, a major supplier to Toyota Motor Corp, lowered its operating profit forecast for the current business year by 14%, expecting automakers to undershoot production plans.2 mins read
Reuters | Jul 30, 2022Poland Wants Right To Block EU Plan To Reduce Gas Demand, PM SaysEuropean Union countries bracing for further cuts in Russian gas supplies approved a weakened emergency plan to curb demand, after striking compromise deals to limit consumption reductions for some countries.1 min read
Reuters | Jul 30, 2022Analysis-EU Gas Solidarity Complicated By Lack Of Fuel Sharing DealsThe European Union clinched a deal recently to cope with a gas supply crisis, but to make it work member states need to establish bilateral pacts to share gas and, right now, most have no such agreement in place.4 mins read
Reuters | Jul 30, 2022Indian Oil Posts First Loss In Over 2 Years As Marketing Margins FallIndian Oil Corp Ltd reported a quarterly net loss for the first time in more than two years, as the country's top refiner sold fuel at a discount in the domestic market while its costs jumped.1 min read
