Panasonic sees Flat Profits amid Price Rises, Shortages

Sees 202223 operating profit 360 bln yen, below consensus JanMar op profit 83.3 bln yen vs forecast 85.5 bln Says Tesla wants it to accelerate battery production plans To list supply chain management software unit TOKYO, May 11 Reuters Panasonic Corp on Wednesday forecast flat operating profits this business year as component shortages caused by COVID19 […]
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VW to Challenge Rivian, Ford with Electric Scout SUV

HAMBURGWASHINGTON, May 11 Reuters Volkswagen plans to expand its electric in vehicle range the United States with a fully electric pickup and sports utility vehicle under the Scout brand, two people with knowledge of the matter said on Wednesday. The carmaker would invest around 100 million euros 105.52 million in the new brand, the people said, […]
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