Cars

Reuters

Dec 26, 2022, 5:32 PM

Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm Investors

Tesla shares are down 64% for the year, in what could be their worst annual performance since going public in 2010 as investors worry that Twitter was consuming much of the billionaire's time.

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  Reuters | Dec 25, 2022

  China's Li Auto Sees Higher Deliveries In Q4; Third-Quarter Loss Widens

  Li Auto Inc forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management.

  1 min read
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  Reuters | Dec 25, 2022

  Toyota Launches Second Hybrid Vehicle In India Amid Green Car Push

  Toyota launched its second hybrid car in India, a seven-seat people-carrier, as part of a broader strategy to double-down on the sale of electrified vehicles in emerging markets.

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  Reuters | Dec 25, 2022

  Berkshire Hathaway Sells $34.4 Million Worth Of Shares In China's BYD

  The sale lowered Berkshire's holdings in BYD's total issued H-shares to 14.95%

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  Reuters | Dec 24, 2022

  Kosovo, Serbia Reach Deal To End Dangerous Dispute Over Car Plates -EU

  Kosovo and Serbia reached a deal on Wednesday to end a nearly two-year dispute over car licence plates in northern Kosovo, which the West had warned could trigger ethnic violence, the European Union's foreign policy chief said.

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  Reuters | Dec 24, 2022

  Chinese Dealers Seek Compensation Over Stellantis Jeep Failure

  Stellantis is overhauling its strategy in China after agreeing to file for bankruptcy of its Jeep joint venture with local partner Guangzhou Automobile Group (GAC) in October.

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  Reuters | Dec 24, 2022

  Tesla Plans To Announce Mexico EV Plant Soon - Report

  The plant will be located in Santa Catarina in Monterrey city, the capital of Nuevo Leon state in Mexico a report said.

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  Reuters | Dec 24, 2022

  LG Energy Solution To Invest $3.1 Billion In S.Korea Battery Facility

  The project in Ochang, South Korea, will include R&D and production facilities and related infrastructure

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  Reuters | Dec 24, 2022

  Kremlin Says It Is Finalising Last Details Of Response To Oil Price Cap

  Moscow has repeatedly said it will not sell oil to countries that comply with the cap

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