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Latest Articles in automakers

Tesla Wins Case Against Former Employee Accused Of Hacking, Transferring Data

The U.S. district court of Nevada said in its ruling that it will grant Tesla's motions to seal "because compelling reasons support them, and they are unopposed."

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Toyota Kirloskar Motor Reiterates Its Commitment To Indian Market

The company's Vice Chairman Vikram Kirloskar refuted the comments and said TKM planned to invest over Rs 2,000 crore in the country in the next 12 months.

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Automakers In India Should Cut Royalty Payments To Foreign Parent Firms

Maruti Suzuki paid 38.2 billion Indian rupees ($518.5 million) in royalties to its Japanese parent Suzuki Motor in the fiscal year ending March 31, 2020

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Fiat Chrysler Shares Rise After PSA Merger Deal Revision

Fiat Chrsyler shares were up more than 5% at 0730 GMT, while PSA reversed gains to stand down 1.5% after opening around 1% higher.

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Tesla Investors Should Be Watching For M&A For S&P Inclusion

Tesla's shares, for instance, have skyrocketted more than 300% this year, making it the world's most valuable automaker, and changing the entire sector's footprint.

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Tesla Plans To Export China-Made Model 3s To Asia And Europe

The U.S. automaker, which started delivering Model 3 electric sedans from its Shanghai factory in December, also plans from next year to sell China-made Model 3 vehicles to Japan and Hong Kong

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Automakers Seek Delays, Exemptions To India's Planned New Rules For Parts

Prime Minister Narendra Modi is keen to reduce imports to boost local manufacturing to make India more self-sufficient and enable it to play a bigger role in the global supply chain.

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Uber Promises 100% Electric Vehicles By 2040, Commits $800 Million To Help Drivers Switch

Uber's plan follows years of criticism by environmental groups and city officials over the pollution and congestion caused by ride-hail vehicles and calls for fleet electrification.

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Tesla Not Added To S&P 500 In Latest Index Changes

S&P Dow Jones Indices said in a statement it was adding online craft seller Etsy, semiconductor equipment maker Teradyne and pharmaceutical technology company Catalent to the S&P 500, effective Sept. 21

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Daimler Pins Profit Revival On New Mercedes-Benz S-Class

The factory cost 730 million euros and more than 1,500 employees will work on an ergonomic assembly line, which Daimler says will be 25% more efficient than its previous location.

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Toyota US August Sales Fall 23% As Pandemic Weighs On Inventory

Outbreaks of COVID-19 across southern and southwestern U.S. states during the summer appear to have slowed the economic recovery.

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Geely Auto Seeks Shanghai STAR Market Listing - Filing

Sales were down 19% to 530,446 vehicles, with revenue down 23% at 36.82 billion yuan.

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Japan Automakers Post 12% Slide In July Global Vehicle Sales

Total global production at Japan's seven major automakers fell 14.4% year-on-year to 1.99 million units last month, improving from a 26.1% tumble in June.

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Tesla, Automakers Urge FTC To Seek Appeal After Defeat In Qualcomm Case

Automakers have increasingly put chips in vehicles to connect them to the internet, which requires them to sign patent agreements for communications standards such as 5G.

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Indian Automakers' Demand Outlook Cloudy Despite Some Respite In July: Fitch

The pandemic has also reduced the availability of financing as lenders exercise caution, particularly to weaker borrowers that form a significant customer base for CVs.

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