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Volkswagen may need to cut production further due to a semiconductor supply crunch, the German carmaker said on Thursday, after a report that Toyota would slash output by 40% in September.
Volkswagen Might Have To Cut Production Further Due To Chip Shortage
Calender
Aug 20, 2021 04:05 AM
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Volkswagen may need to cut production further due to a semiconductor supply crunch, the German carmaker said on Thursday, after a report that Toyota would slash output by 40% in September.
Chip Shortage Prompts Production Halt At Volvo Cars In Gothenburg
Chip Shortage Prompts Production Halt At Volvo Cars In Gothenburg
calender
Aug 12, 2021 12:58 AM
Volvo Cars, owned by China's Geely Holding, will temporarily stop production at its Swedish plant in Gothenburg due to the shortage of semiconductor chips.
Gulf Oil India Launches Major Drive To Vaccinate 10,000 Truck Drivers
Gulf Oil India Launches Major Drive To Vaccinate 10,000 Truck Drivers
calender
Aug 11, 2021 03:34 PM
Gulf Oil India has launched a new campaign, pledging to vaccinate more than 10,000 truckers across the country against COVID-19.
Uber Posts $509 Million Adjusted Loss On Driver Incentives Even As Trips Rise
Uber Posts $509 Million Adjusted Loss On Driver Incentives Even As Trips Rise
calender
Aug 6, 2021 01:00 AM
Uber Technologies Inc on Wednesday reported widening losses as it spent more to entice drivers to return to its platform, sending shares of the ride-hail and food delivery company down in after-hours trade.
General Motors Swings To Profit, Raises Full-Year Outlook
General Motors Swings To Profit, Raises Full-Year Outlook
calender
Aug 4, 2021 11:02 PM
General Motors Co on Wednesday swung to a second-quarter profit from a loss last year when the COVID-19 pandemic shut operations and raised its full-year forecast despite an $800 million hit from the recalls of the Chevrolet Bolt electric vehicle.
Toyota, Honda Beat Profit Estimates But Are Wary Of Extended Chip Crunch
Toyota, Honda Beat Profit Estimates But Are Wary Of Extended Chip Crunch
calender
Aug 4, 2021 10:38 PM
Toyota Motor Corp posted a record quarterly profit on Wednesday and Honda Motor Co raised its annual profit estimate as pandemic-hit sales rebounded, but the automakers saw no end in sight to the global chip shortage.
Daimler India Begins Vaccinating Truck Drivers At Its Tamil Nadu Plant
Daimler India Begins Vaccinating Truck Drivers At Its Tamil Nadu Plant
calender
Jul 28, 2021 02:59 AM
Daimler India Commercial Vehicle, which opened the on-site vaccination centre at its plant in May 2021, has now is offering free COVID-19 vaccines to truck drivers of all brands, and over 60 drivers were vaccinated on the first day.
Oil Edges Higher As Tight Supply Outweighs Virus Spread
Oil Edges Higher As Tight Supply Outweighs Virus Spread
calender
Jul 28, 2021 01:04 AM
Oil prices edged higher on Tuesday as investors bet that tight supply and rising vaccination rates will help to offset any impact on demand from surging COVID-19 cases worldwide.
BharatBenz Introduces 'BSafe' Features On Bus Range To Prevent COVID-19 Infection
BharatBenz Introduces 'BSafe' Features On Bus Range To Prevent COVID-19 Infection
calender
Jun 27, 2021 10:17 PM
The BharatBenz buses will get hands-free doors, sanitisers, and temperature sensors, which the company says will help revive the demand for passenger buses.