Pricey Models Help GM Outrace First-Quarter Supply Chain Snarls
GM's net income dipped slightly to $2.9 billion in the quarter, compared with analysts' estimates of $2.45 billion, as higher...
Month: April 2022
Japan Urges More Chip Tie-Ups With Taiwan At Trade Talks
Japan called for greater collaboration with Taiwan on semiconductors at a bilateral economic and trade meeting.
Toshiba To Invest $1 Billion To Double Power Chip Production
The Japanese industrial conglomerate will build a cutting-edge 300-millimeter fabrication plant in central Japan for power management chips, which efficiently...
EV Battery Giant LG Energy Solution Sees Demand Rising As Chip Shortage Eases
LG Energy Solution aims to boost sales by about 8% in 2022. The company expects that the global chip shortage...
Uber Forecasts Adjusted Earnings Of $5 Billion By Fiscal 2024
Nelson Chai, CFO, Uber Inc. forecasts gross bookings of between $165 billion and $175 billion by the fiscal year 2024
Volkswagen Expects Chip Shortage To Ease Later In 2022
VW CEO Herbert Diess expects the company to ramp up production in the second half of the year despite the...
Benelli TRK 702 Revealed; Looks Ready For Production
The upcoming Benelli TRK 702 will sit between the TRK 502 sold in India, as well as the TRK 800...
Indian Refiners Seeking 6-mth Russian Oil Import Deal – Report
Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels per month.
India’s Tata Aims To Build 80,000 Electric Vehicles This Financial Year – Report
Tata Motors expects to aggressively ramp up annual production of electric vehicles to 80,000 units compared to 19,000 units it...
India Asks State Firms To Consider Buying Russian Oil Assets – Report
India has asked state-run energy companies to evaluate the possibility of buying European oil major BP's stake in sanctions-hit Russian...
