Auto Industry News
Analysis: Retailers Turn To Robots In Cost Inflation Fight
While retail has been slower to adopt automation than sectors such as autos and electronics, it has been picking-up the pace - from the introduction of basic self check-out tills in stores to the use of robots and AI in supply chains.
Tesla Plans To Ramp Up Model Y Production From Giga Texas In 2023: Report
Dec 31, 2022 05:30 PM
The electric-vehicle manufacturer is currently preparing to roll out 75,000 Model Y vehicles from Gigafactory Texas in the first quarter of 2023, according to the report.
Oil Slides Over 3% On Russian Price Cap Talks, U.S. Gasoline Build
Dec 31, 2022 05:29 PM
Oil prices fell more than 3% continuing a streak of volatile trading, as the Group of Seven (G7) nations considered a price cap on Russian oil above the current market level.
Proposed G7 Oil Price Cap To Have Little Immediate Impact On Russian Revenue
Dec 31, 2022 05:29 PM
G7's proposed price cap of $65-$70 a barrel on Russian oil would have little immediate impact on Moscow's revenues, as it is broadly in line with what Asian buyers are already paying.
Turkish Strikes Hit Oil Installations In Northern Syria - Report
Dec 31, 2022 05:29 PM
Turkish drones are targeting key oil installations run by the Kurdish-led Syrian Democratic Forces (SDF) in northeast Syria.
Russia Says It Won't Accept Oil Price Cap And Is Preparing Response
Dec 31, 2022 05:29 PM
Russia "will not accept" a price cap on its oil and is analysing how to respond, the Kremlin said.
Biden Not Planning To Speak To Putin For Now, G7 Agrees Oil Price Cap
Dec 31, 2022 05:29 PM
Biden does not intend to speak to Putin about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said.
Bosch To Beat Forecasts, Double Down On India - Report
Dec 31, 2022 05:29 PM
Bosch is set to earn more than 87 billion euros in revenues in 2022
Redwood Materials Joins Electric Vehicle, Battery Trek To South Carolina
Dec 31, 2022 05:28 PM
Redwood said it will build a $3.5 billion battery materials campus in Ridgefield, about 30 miles (48.28 km) northwest of Charleston, that will recycle, refine and remanufacture cathode and anode materials
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