Auto Industry
Reuters
Jul 27, 2022, 3:43 PM
Chipmaker Texas Instruments Inc forecast current-quarter revenue largely above expectations, betting on sustained demand from industrial and automotive customers and improvements in supply-chain bottlenecks
1 Min
Reuters | Jul 27, 2022Germany To Reduce Electric Car Subsidies In 2023Sources suggest that the incentives, or premiums, paid to buyers of electric cars will expire completely once an allocated sum of 3.4 billion euros ($3.44 billion) from the next two years' budget is spent2 mins read
Reuters | Jul 27, 2022S.Korea's LGES Looking For EV Battery Plant Sites In Europe, Asia Ex-ChinaThe South Korean company also said it was still reviewing its 1.7 trillion won ($1.29 billion) investment for a battery plant in the U.S. state of Arizona2 mins read
Reuters | Jul 27, 2022VW Begins U.S. Production Of EV Compact SUV In TennesseeThe German automaker said it plans to deliver ID.4 SUVs produced in Tennessee as early as October and will ramp up production to 7,000 cars per month by the end of 2022.1 min read
Reuters | Jul 26, 2022Indonesia Says Mitsubishi Motors To Invest About $667 Million Over Next 3 YearsIndonesia's chief economics minister in a statement said the Japanese company had invested 11.3 trillion rupiah up to 2021 and was planning to expand its production in the Southeast Asian country.1 min read
Reuters | Jul 26, 2022Crisis-Hit Sri Lanka Woos Foreign Oil Firms Amid Fuel ShortagesSri Lanka canvassed oil companies in petroleum-producing nations on Tuesday to import and sell their products in the Indian Ocean island, opening its market to resolve acute shortages of fuel during its worst economic crisis in decades.2 mins read
Reuters | Jul 26, 2022India's June Crude Oil Imports Up On Demand Recovery, Russian DiscountsIndia's crude oil imports in June rose nearly 21% year on year helped by a steady increase in consumption.1 min read
Seshan Vijayraghvan | Jul 26, 2022Planning To Buy A Used Hyundai Venue? Here Are Things You Need To Consider FirstIf you are planning to buy the Hyundai Venue, but on a tighter budget, then we would suggest looking for a pre-owned one. But before you start looking for one, here are some pros and cons you much know about.2 mins read
Jaiveer Mehra | Jul 26, 2022Volvo XC40 Recharge vs Rivals: Price ComparisonVolvo’s electric SUV goes up against the likes of the Kia EV6 in the Indian market.2 mins read
