The largest part of that budget was allocated to expanding its 1-billion-euro Dresden factory producing 300-millimeter…
Tag: auto news
Automakers Idle Production Following Russia’s Invasion, Other Firms Also Scramble
Several companies, including automakers Volkswagen and Renault and tire maker Nokian Tyres, on Friday outlined plans…
Ford To Halt F-150 Pickup Production On Semiconductor Shortage: Report
Ford will temporarily halt the production of the F-150 pickup at its Kansas city assembly plants…
Jeep To Launch Two New SUVs In India To Boost Sales
Jeep will launch the Meridian, a mid-size, three-row SUV, that will be made in India, and…
Ola Electric Plans 50Gwh India Battery Plant In EV Push: Report
Ola will need 40Gwh of battery capacity to meet its annual target to produce 10 million…
India’s IOC Buys First Russian Urals Crude In 2 Years After Prices Slump
Global oil price Brent surged past $100 a barrel on Thursday, after Russia invaded Ukraine, exacerbating…
India’s Refinery Throughput Stays Firm With Strong Recovery In Sight
Initial government estimates show that India’s fuel demand is likely to grow 5.5% in the next…
Hero Lectro Estimated To Grow 100 Per Cent For Three Years: Aditya Munjal
Electric mobility seems to be coming of age in India, and one of the categories which…
Global Chip Sales Hit Record In 2021, Will Grow 8.8 Per Cent In 2022 -SIA
Sales in 2020 grew 6.8% over the prior year, while 2021 was the first year since…
Rivian ‘Making Progress’ On Production Ramp-Up, Sets Market Share Goal
Scaringe said Rivian, whose shares closed up 10.7% at $63.71, idled the plant for the first…