AUTPT

Xiaomi in talks with BAIC to produce electric cars -Bloomberg News

Xiaomi logos are seen during a news conference in Hong Kong, China June 23, 2018. REUTERS/Bobby Yip Register now for FREE unlimited access to Reuters.com Register Aug 26 (Reuters) – Smartphone maker Xiaomi Corp (1810.HK) is eyeing an electric vehicle (EV) production tie-up with Beijing Automotive Group Co (BAIC) (1958.HK), as it faces delays in …

Xiaomi in talks with BAIC to produce electric cars -Bloomberg News Read More »

Auto industry CEOs urge Congress to quickly pass chips funding

Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn, Michigan, US, March 29, 2021. Picture taken March 29, 2021. REUTERS/Rebecca Cook/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 22 (Reuters) – Major automakers and industry suppliers on Wednesday urged Congress to move …

Auto industry CEOs urge Congress to quickly pass chips funding Read More »

For auto retailers, pandemic-era profit boost in rear-view mirror

July 19 (Reuters) – Profit growth at US car dealers is likely to lose momentum in the second quarter, as the auto industry struggles to ramp up production due to parts shortage, while inflation-fueled price hikes keep buyers out of the market. Preference for personal transport from cash-flushed Americans during the pandemic turbo-charged auto sales …

For auto retailers, pandemic-era profit boost in rear-view mirror Read More »