Hyundai and Saudi Arabia’s Public Investment Fund (PIF) announced plans Monday to establish a new auto manufacturing plant in “The Kingdom.” Hyundai and Saudi PIF plan new manufacturing plant Hyundai and Saudi’s PIF signed a joint venture agreement to build a new “highly automated vehicle manufacturing plant in Saudi Arabia” at the Saudi-Korean Business Forum.
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Tesla has revealed that the Department of Justice has ramped up its investigation into the company with subpoenas relating to several matters. Lately, there have been several media reports about government agencies investigating Tesla regarding several different matters. In its quarterly SEC reports, Tesla has to report contacts with government agencies regarding any possible investigations,
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Emma Crosby is joined by Olivia Gallarati, who’s an oil markets analyst at Energy Aspects. Chris Noice from the Association of Convenience Stores speaks to Emma about the problem of shoplifting. And Vistry announces job cuts after a slump in demand. :: Listen and subscribe to The Ian King Business Podcast here. Advertisement
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