CHICAGO: Global auto industry conditions could potentially improve in 2022, with demand recovering further and supply chain challenges gradually easing, said Fitch Ratings. According to...
BEIJING: Chinese leading smartphone-maker Xiaomi expects to break into the ever-expanding electric vehicle market by establishing a Beijing plant capable of producing as many as...
WASHINTON: Breath-sniffing sensors and finger-scanning detectors are central to a landmark US safety mandate to fight drunk driving that is spurring tough questions about what...
KARACHI: The local auto industry will produce around eight million vehicles in different categories annually by 2026, an official of the Engineering Development Board (EDB)...
TOKYO: Japanese carmaker Honda revised its annual profit forecast downwards on Friday, warning it sees no immediate end to the chip shortage and supply-chain issues...
SAN FRANCISCO: Uber has said its rideshare and food delivery businesses gained traction in the recently-ended quarter as people began getting out more but were...
NEW YORK: General Motors saw a drop in third-quarter profits amid falling car sales caused by the global semiconductor crunch that is expected to persist...
STOCKHOLM: Swedish truck maker Volvo Group said that profits were back up close to pre-pandemic levels in the third quarter, even if a global semiconductor...
BERLIN: BMW reached an agreement with the Swedish start-up H2 Green Steel, which uses hydrogen and green electricity from renewable energies exclusively for its steel...