Auto Industry
Reuters
Jul 28, 2022, 10:19 PM
South Korea said it was willing to support U-S. led plans to impose a price cap on Russia oil, agreeing with Washington's initiatives to limit revenue to Moscow while mitigating global inflation.
1 Min
Reuters | Jul 28, 2022Stocks Flat, Oil Gains As Rate Hikes Loom Following Strong Jobs DataWall Street ended the day flat on Friday as Treasury yields jumped following a stronger-than-expected U.S. jobs report, which suggested the Federal Reserve may push further interest rate hikes to cool the economy and slow inflation.2 mins read
Reuters | Jul 28, 2022GM, Travel Operator Pilot To Develop EV Charging NetworkGeneral Motors will develop a national network of 2,000 electric vehicle charging stalls at travel centers to make it easier to recharge near highways.2 mins read
Reuters | Jul 28, 2022Oil Rises 2% As No Immediate Saudi Output Boost ExpectedOil gained 2.5% after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.3 mins read
car&bike Team | Jul 30, 2022Buying A Used Honda Activa? We List Out The Pros And ConsWe list down a few pros and cons for you, if you are planning to buy a used Honda Activa.1 min read
Reuters | Jul 28, 2022Libya's Oil Chief Rejects Sacking, Says Govt Mandate ExpiredThe head of Libya's National Oil Corp (NOC) rejected the prime minister's authority to sack him, raising the prospect of an open struggle for control of the state energy producer.3 mins read
Reuters | Jul 28, 2022U.S., Mexico Resolve Panasonic Auto Parts Plant Labor DisputeThe United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico on Thursday, with workers receiving an above-inflation pay rise after the firm rejected an agreement with a union that lacked lawful bargaining authority.2 mins read
Reuters | Jul 28, 2022Hyundai Motor Says It Will Build Its First South Korean EV FactoryIn May, Hyundai Motor Group, which houses Hyundai Motor and Kia Corp, said it would invest 63 trillion won ($48.1 billion) in South Korea through to 2025.1 min read
Reuters | Jul 28, 2022Bosch Invests 3 Billion Euros In Chips, Says Shortage To Last Into 2023Technology group Bosch expects supply bottlenecks for some types of chips to last into 2023 even as inflation reduces demand for certain consumer goods, the company said on Wednesday as it announced a 3 billion euro investment in chip production.1 min read
