OPEC production cut could halt the slide in gasoline prices

Amid what would turn out to be a 98-working day streak of declines, President Joe Biden was rapid to take credit score in August over a single of his most…

Chinese EV maker Nio says it’s gradually resuming production after Covid halt

In February 2020, Nio received a lifeline of financing assist led by the governing administration of Hefei metropolis, wherever the electric car or truck start off-up has set up its…

GM to halt pickup truck production in Indiana due to chip shortage

Trucks occur off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.  John Gress | Reuters DETROIT — Normal…

Japan parts makers halt output after 7.4-magnitude earthquake

TOKYO — Japan’s Renesas Electronics Corp, Murata Producing Co Ltd, Sony Team Corp and other precision areas makers halted some operations on Thursday just after an earthquake jolted the country’s…

GM to halt most large pickup truck production due to chip shortage

Vans arrive off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.  John Gress | Reuters DETROIT – Normal…

Ford to halt production of F-150, Bronco Sport due to chip shortage

This photograph demonstrates Ford 2018 and 2019 F-150 vehicles on the assembly line at the Ford Motor Company’s Rouge Intricate on September 27, 2018 in Dearborn, Michigan. Jeff Kowalsky |…