Auto Industry News

Elon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.

Car production at Stellantis' Sochaux car plant in France will be suspended until Saturday, the company confirmed to Reuters, after a union official cited semiconductor shortages as the reason for the interruption.

A California state judge said he would likely deny Tesla Inc's bid to dismiss a lawsuit by the state's civil rights agency accusing the electric car maker of widespread race discrimination at an assembly plant.

Juneyao Group, the parent of Chinese carrier Juneyao Airlines, plans to start making electric vehicles (EV), two people with knowledge of the matter said, as it seeks to diversify from businesses that have been hit hard by COVID.

As India's capital of New Delhi prepares for winter - and the accompanying season of acrid smog - the government is promoting a motorcycle helmet fitted with filters and a fan at the back that it says can remove 80% of pollutants.

Oil rose more than 1%, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar and a dire outlook for U.S. growth.

A court in Zagreb has ordered five people to be kept in custody for a month for questioning over a suspected fraudulent trade deal that lost Croatia's oil and gas firm INA 1 billion kuna ($132 million), local media said.

"Prepare for a massive influx of government revenue with little expertise on how to handle it," wrote analysts at the U.S. Agency for International Development in a report released earlier this year.