Tesla Recalls 40,000 U.S. Vehicles Over Potential Loss Of Power Steering Assist
By David Shepardson WASHINGTON (Reuters) -Tesla Inc is recalling just over 40,000 2017-2021 Model S and Model X vehicles that…
Reuters
Factbox-Renault Unveils Big Overhaul In Drive To Boost Profits
PARIS (Reuters) – French carmaker Renault on Tuesday announced a big overhaul to split its operations into five businesses, deepen…
Turkey Starts Paying For Some Russian Gas In Roubles
ISTANBUL (Reuters) – Turkey has started paying for some its natural gas from Russia in roubles, Turkish Energy Minister Fatih…
Renault Seals Car Deal With China’s Geely, But Nissan Remains Elusive
By Norihiko Shirouzu and Gilles Guillaume BEIJING/PARIS (Reuters) -France’s Renault and China’s Geely announced a 50-50 joint venture on Tuesday…
Top EU Court Backs Fiat Appeal Against 30 Million Euro EU Tax Payment Order
LUXEMBOURG (Reuters) – Europe’s top court on Tuesday scrapped an EU order to Italian carmaker Fiat Chrysler to pay 30…
Oil Prices Slide As China Demand, Recession Concerns Outweigh Supply Woes
By Isabel Kua SINGAPORE (Reuters) -Oil prices fell on Tuesday as recession concerns and worsening COVID-19 outbreaks in China sparked…
Munich Re Firmly Sticks To 2022 Target After Quarterly Profit Rise
FRANKFURT (Reuters) – Munich Re on Tuesday said it posted a 44% rise in net profit in the third quarter,…
China’s BYD To Launch New Premium Electric Car Brand In 2023
SHANGHAI (Reuters) – Chinese electric vehicle giant BYD said on Tuesday that it would launch a new premium brand in…
UK To Announce U.S. Gas Deal After Climate Change Summit -Telegraph
(Reuters) -British Prime Minister Rishi Sunak is poised to announce a major natural gas deal with the United States after…
Foxconn To Become Biggest Shareholder In Lordstown Motors With Up To $170 Million Investment
(Reuters) -Lordstown Motors Corp has agreed a deal under which a Foxconn affiliate will invest up to $170 million in…