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Intel picks Magdeburg, Germany for new European chip factory

Berlin, Intel has chosen a location in the east German city of Magdeburg to build a multibillion-euro new chip factory in Europe and will make the decision public on March 4, a person familiar with the matter told Reuters.The company said in September …

Tata in talks with aircraft makers over order for Air India

New Delhi, Planemakers Boeing Co (BA.N) and Airbus SE (AIR.PA) have met executives from India’s Tata Group in recent weeks to discuss plane orders for Air India, two people familiar with the matter said.Tata last month regained ownership of state-run c…

Jeep to launch two new SUVs in India to boost sales

New Delhi, Stellantis’ (STLA.MI) Jeep will launch two new sport-utility vehicles (SUVs) in India this year to boost sales in a market where it has struggled to establish a meaningful presence.Jeep will launch the Meridian, a mid-size, three-row SUV, th…

U.S. driving soars in 2021 to 3.23 trillion miles, up 11.2%

Washington, U.S. drivers are back on the road in force.According to Reuters, travel on U.S. roads rose 11.2% in December 2021 compared with December 2020, the second straight month that driving surpassed pre-COVID-19 levels, the U.S. Department of Tran…