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Auto · 29 Aug 2022
Two Lawmakers Ask U.S. Regulator About Tesla Crashes, Safety Probes
Two U.S. lawmakers who chair subcommittees overseeing auto safety asked the federal auto safety regulator for a briefing on its probes into crashes involving Tesla Inc electric…
Auto · 29 Aug 2022
India Shares Close At Near 4-Month High As Metals, Autos Gain
<img src="” title=”India Shares Close At Near 4-Month High As Metals, Autos Gain” /> Indian shares closed at a near four-month high on Monday, led by metals and…
Auto · 29 Aug 2022
Arrival To Delay Spending On Bus Project After Posting Wider Loss
British electric vehicle start-up Arrival SA reported a wider quarterly loss on Thursday and said it would delay spending on its bus project as it looks to…
Auto · 29 Aug 2022
EV Maker Faraday Future To Raise Up To $600 Million In Funding
EV startups that promised to disrupt the auto industry by using a technology-heavy approach to their vehicle designs are now scrambling to secure fresh lines of cash…
Auto · 29 Aug 2022
MG Gloster Facelift Launch on August 31, 2022
The teaser reveals little about the update aside from calling the updated SUV, the ‘Advanced Gloster’.
Auto · 29 Aug 2022
EU Says U.S. Plan For EV Tax Breaks Discriminatory, May Breach WTO Rules
The European Union said it was “deeply concerned” about proposed tax credits for purchases of electric vehicles in the United States because they would be biased against…
Auto · 29 Aug 2022
Oil Rises On Renewed Gasoline Demand, Weak Dollar
Oil prices rose, rebounding from losses early in the session, helped by encouraging figures on U.S. gasoline demand and as lower-than-expected U.S. inflation data drove investors into…
Auto · 29 Aug 2022
Oil Rises As IEA Hikes 2022 Demand Growth Forecast
Oil prices rose by over 1% after the International Energy Agency raised its oil demand growth forecast for this year as soaring gas prices drive some consumers…
Auto · 29 Aug 2022
Hope For Smaller Rate Rises To Lift Wall Street, Oil Gains
Wall Street headed for another day of gains as investors banked on peaking inflation persuading central banks to dial back on their anticipated interest rate hikes in…
Auto · 29 Aug 2022
India Shares Down As Tech, Autos Drag; Inflation Data Eyed
Indian shares edged lower in early trade, as technology and automobile stocks declined amid weakness in other Asian markets, while investors awaited domestic inflation data.