Auto Industry News
Classic Legends Looks To Expand Presence In Smaller Towns, Cities
Classic Legends manufacturers and retails models under the Jawa and Yezdi brands in India.
Kremlin Welcomes Elon Musk Proposal For Ukraine Settlement Denounced By Kyiv
Oct 5, 2022 09:50 PM
The Kremlin praised Tesla boss Elon Musk for suggesting a possible peace deal to end the war in Ukraine.
Tesla's Logistical Challenges Overshadow Record Deliveries
Oct 5, 2022 09:44 PM
Tesla Inc on Sunday announced lower-than-expected electric vehicle deliveries in the third quarter, as logistical challenges overshadowed its record deliveries.
Tesla's Robot Waves But Can't Walk, Yet; Musk Plans To Make Millions Of Them
Oct 5, 2022 09:38 PM
Musk showed off a prototype of its humanoid robot 'Optimus', predicting the electric vehicle maker would be able to produce millions.
Biden Says U.S. Willing To Continue Talks With S.Korea On EV Subsidy
Oct 5, 2022 09:35 PM
President Joe Biden has expressed willingness to continue talks with South Korea over recent U.S. legislation that denies subsidies to most foreign makers of electric vehicles.
Indian Refiners Scout For Oil Deals Ahead Of EU Ban On Russian Crude
Oct 5, 2022 05:44 PM
Indian state refiners plan to lock-in more of their crude supplies in term deals, worried that tighter Western sanctions on Russia.
Foxconn Shares Rise After Offering Cautiously Optimistic Q4 Outlook
Oct 5, 2022 05:37 PM
Foxconn's shares rose 3% after the company said it was "cautiously optimistic" about its fourth-quarter revenue outlook.
Stellantis Boss Expects Chip Supply To Remain 'Complicated' Until End 2023
Oct 5, 2022 05:34 PM
Tavares expects the semiconductor supply chain to remain tight until the end of next year.
Oil Prices Inch Lower Ahead Of OPEC+ Talks On Supply Cut
Oct 5, 2022 05:29 PM
Oil prices moderated very slightly after gaining more than 3% in the previous session ahead of a meeting of OPEC+ producers to discuss a big cut in crude output.
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