Auto Industry

Reuters

Jul 17, 2022, 4:34 PM

U.S., Mexico Resolve Panasonic Auto Parts Plant Labor Dispute

The United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico, with workers receiving an above-inflation pay rise after the firm rejected an agreement with a union that lacked lawful bargaining authority.

2 Min

• 
  Reuters | Jul 17, 2022

  UK Fast-Charging Battery Startup Nyobolt Raises $59 Million

  Nyobolt has raised 50 million pounds ($59 million) in Series B funding to build a UK manufacturing plant in 2023 to produce millions of battery cells.

  1 min read
• 
  Reuters | Jul 17, 2022

  Taiwan Weighs Foxconn Fine For China Chip Investment - Report

  Taiwan's government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approval.

  2 mins read
• 
  Reuters | Jul 16, 2022

  Musk Says Tesla Could Lower Car Prices If Inflation Slows

  Tesla CEO Elon Musk said the electric automaker could lower prices for cars if inflation calms down.

  1 min read
• 
  Reuters | Jul 16, 2022

  Munich Court Orders Tesla To Reimburse Customer For Autopilot Problems

  A Munich court has ordered Tesla to reimburse a customer most of the 112,000 euros she paid for a Model X SUV because of problems with the Autopilot function.

  1 min read
• 
  Reuters | Jul 16, 2022

  Oil Rises 2% As No Immediate Saudi Output Boost Expected

  Oil gained 2.5% after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.

  3 mins read
• 
  Reuters | Jul 16, 2022

  Elon Musk Seeks To Block Twitter Request For Expedited Trial

  Elon Musk filed a motion opposing Twitter's request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm.

  1 min read
• 
  car&bike Team | Jul 16, 2022

  Vitesco Inaugurates New Manufacturing Plant In Talegaon

  New manufacturing plant to manufacture components for two-wheelers initially.

  2 mins read
• 
  Seshan Vijayraghvan | Jul 16, 2022

  Planning To Buy A Used Maruti Suzuki Swift? Here Are Things You Should Consider First

  The Maruti Suzuki Swift is unarguably one of the most popular cars in India, and it's equally popular in the used car space as well. So, if you too are planning to get a used Maruti Suzuki Swift, then here are some pros and cons you must consider first.

  2 mins read