The new rules come amid a global rush to secure critical minerals, many of which are vital for electronics such as semiconductors, batteries and EV motors
40+ Vaseline Tricks We Never KnewAuto manufacturing companies Volkswagen and Continental both pledged major investments in Mexico on Thursday totaling nearly $1 billion, one of the biggest sums for the sector to be announced in a single day during the current government. Volkswagen said it will invest $763.
The world's largest automaker by sales said last week it was unlikely to meet its record 9.7 million vehicle production goal for the fiscal year ending in March 2023 due to a scarcity of chips. It did not say by how much the target would be lowered at that time.There is a greater chance of the U.S. Federal Reserve raising interest rates too far and tipping the economy into a recession, strategists and fund managers told the Reuters Global Markets Forum .
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