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DETROIT (Reuters) - Stellantis NV Chief Executive Carlos Tavares said external pressure on automakers to accelerate the shift to electric vehicles potentially threatens jobs and vehicle quality as producers struggle to manage the higher costs of building EVs.
(Reuters) - Amazon Web Services has launched a new cloud-based data service that could help automakers remotely diagnose issues in their vehicles to prevent recalls and improve safety, as well as manage related data, the company told Reuters.
PETALING JAYA: Mah Sing Group Bhd reported a 54.7% year-on-year (y-o-y) increase in net profit for the third quarter ended Sept 30, 2021 as lower cost of sales and income tax expense boosted its bottomline despite a weaker turnover.
SEOUL (Reuters) - Samsung Electronics on Tuesday revealed new auto chips targeting demand for advanced chips in cars, including one mounted in Volkswagen's infotainment system developed by LG Electronics.
KUALA LUMPUR: UMW Holdings Bhd expects the economic situation to remain challenging for the remainder of the year due to the Covid-19 pandemic, says president and group CEO Datuk Ahmad Fuaad Kenali (pic).
SUNDERLAND, England (Reuters) - When Britain left the European Union on Jan. 31 last year, Prime Minister Boris Johnson and his top ministers travelled to Sunderland for a special cabinet meeting and hailed "a new chapter in the United Kingdom's story."
Positive outlook for smartphone sector buoys growth
SHANGHAI (Reuters) - Lotus Technology, a new unit of China's Geely set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters.
MUNICH (Reuters) - Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get creative to cope with the global shortage of semiconductors.