Thursday, September 30, 2021

MG Motor to nearly double factory capacity; lines up Astor SUV and new EV

MG Motor to nearly double factory capacity; lines up Astor SUV and new EV The expansion of the Halol plant’s capacity will, however, depend on the availability of semiconductors. The chip shortage has hit the entire industry’s production and MG Motor has a wait time of 3-4 months for its models

from Moneycontrol Business News https://ift.tt/3CVPPDu
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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...