Auto Industry

Reuters

Jul 1, 2022, 6:03 PM

Canoo Production Starts Could Slip, But CEO Remains Confident In Funding

Start of production by electric vehicle maker Canoo Inc at its Arkansas and Oklahoma assembly plants could slip due to supply-chain pressures, but its chief executive remains bullish on the company's ability to raise money.

2 Min

• 
  car&bike Team | Jul 1, 2022

  Royal Enfield Appoints Yadvinder Singh Guleria As Chief Commercial Officer

  Guleria will be responsible for leading Royal Enfield's business growth globally, across India and all international markets, and will also spearhead sales, marketing and aftermarket functions.

  3 mins read
• 
  Seshan Vijayraghvan | Jul 1, 2022

  New Maruti Suzuki Brezza Bags Over 45,000 Bookings In 8 Days

  The newly launched Maruti Suzuki Brezza subcompact SUV has bagged over 45,000 bookings in mere 8 days, with the company receiving over 4 bookings per minute.

  2 mins read
• 
  Reuters | Jul 1, 2022

  Oil slips on China lockdowns, but bullish trends intact

  Oil prices have been rallying steadily over the last two months, led by big increases in prices of refined products due to tight refining supply and surging demand

  2 mins read
• 
  Reuters | Jul 1, 2022

  Indian Government In Talks With Russian Over Cut-Price Oil Deal - Report

  India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.

  2 mins read
• 
  Reuters | Jul 1, 2022

  Musk Says 'Tesla Is On My Mind 24/7' Amid Concerns About Twitter Distraction

  Elon Musk said "Tesla is on my mind 24/7," trying to soothe investor worries about him being distracted by a Twitter deal that has depressed stocks at the electric car company.

  2 mins read
• 
  Reuters | Jul 1, 2022

  Musk Denies He Sexually Harassed Flight Attendant; Tesla Shares Sink

  Elon Musk has denounced as "utterly untrue" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.

  3 mins read
• 
  Reuters | Jul 1, 2022

  Self-Driving Car Startup Wayve Taps Microsoft For 'Supercomputer Muscle'

  Wayve will use supercomputer infrastructure designed for the firm by its investor Microsoft to process vast amounts of data as it develops machine learning-based models for self-driving cars.

  1 min read
• 
  Reuters | Jul 1, 2022

  Pakistan Hikes Fuel Prices To Unlock IMF Funding

  The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.

  2 mins read