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Auto Industry
car&bike Team
May 1, 2022, 2:33 AM
Hitting that production target would depend on a stable supply of chips
1 Min
car&bike Team | May 1, 2022Bentley To Produce First Fully Electric Car In 2025Bentley also committed to investing 2.5 billion pounds ($3.4 billion) in sustainability over the next decade.1 min read
car&bike Team | May 1, 2022Carmaker Stellantis Flags Improved Business Performance In ChinaStellantis' business performance in China improved markedly in 2021, with its Dongfeng Peugeot Citroen Automobile selling more than 100,000 vehicles.1 min read
car&bike Team | May 1, 2022Toyota Remains World's Biggest Car Seller, Widens Lead On VolkswagenToyota said sales were 10.5 million vehicles in 2021, including those by affiliates Daihatsu Motors and Hino Motors.1 min read
car&bike Team | May 1, 2022Oil At Seven-Year High As Ukraine Crisis Overshadows FedCrude prices had surged on Wednesday, with Brent climbing above $90 a barrel for the first time in seven years amid tensions between Russia and the West.1 min read
car&bike Team | May 1, 2022SKC Consortium Invests $80 Million In UK Anode Startup NexeonThe consortium, which includes private equity firms SJL Partners and BNW Investment, invested $33 million in Nexeon last November.1 min read
car&bike Team | May 1, 2022China's GAC Rebuked Stellantis Over Joint-Venture Plan AnnouncmentStellantis said it was planning to increase to 75% its stake in the joint venture with Guangzhou Automobile Group (GAC), which produces Jeep-branded vehicles. GAC rebuked Stellantis for announcing plans to increase a stake in their joint venture without the Chinese automaker's approval.1 min read
car&bike Team | May 1, 2022Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV ProductionRenault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.1 min read
car&bike Team | May 1, 2022Stellantis To Raise Stake In China JV With GAC To 75%The deal remains subject to approval by the Chinese government, but Stellantis, plans to increase its stake to 75% as part of its efforts to tackle one of the weak spots in its business.1 min read
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