Friday, August 27, 2021

US administration defends approving licenses for auto chips for Huawei

The comments came in response to demands from Sen. Marco Rubio that U.S. officials explain why they approved hundreds of millions of dollars worth of auto chip sales to the company, as reported by Reuters this week.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...