Auto Industry

Reuters

Mar 26, 2023, 3:00 PM

Oil Drops 1% As US In No Rush To Refill Strategic Reserve

Brent crude futures fell by 78 cents to settle at $75.91 a barrel. U.S. West Texas Intermediate crude futures slid by 94 cents, to end the session at $69.96 a barrel.

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  Reuters | Mar 26, 2023

  Factbox: The Battle Over Russia's Crude And Oil Products

  According to the International Energy Agency (IEA), Russia's total exports of oil and petroleum products in February 2023 fell to 7.5 million barrels per day (bpd), from an average amount of 7.7 million bpd in 2022 (7.5 million bpd in 2021).

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  Reuters | Mar 26, 2023

  Joby Aviation Names Former FAA Administrator As Director

  Joby Aviation is developing electric aircraft with vertical take-off and landing capabilities to be used as air taxis with plans to commence commercial passenger services from 2025

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  Reuters | Mar 26, 2023

  Lula's China Trip To Promote BYD Takeover Plan For Brazil Ford Factory

  The deal hinges on a final agreement with Ford Motor Co, which still owns the plant in Bahia state despite halting production in Brazil in 2021

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  Reuters | Mar 24, 2023

  China To Stabilise Automobile, Consumer Electronics Consumption

  The country is looking to consolidate its position as a leader in industries such as new energy vehicles, photovoltaic equipment and more

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  car&bike Team | Mar 24, 2023

  India Became Skoda’s Third Largest Market In 2022

  In its annual report, Skoda said that it had retailed 51,865 units in India in 2022, a 128 per cent growth over 2021.

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  Reuters | Mar 24, 2023

  India Govt's Open e-Commerce Network ONDC Expands Into Mobility

  Aside from tying up with a ride-hailing company in Bengaluru, ONDC is also in talks with other companies in the sector to expand into other cities.

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  Reuters | Mar 23, 2023

  VinFast Rolls Out Long-Awaited Electric SUVs, Eyes Overseas Deliveries

  VinFast, which began operations in 2019, is gearing up to expand in the United States, where it hopes to compete with legacy automakers with its two electric SUV models.

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  Sidharth Nambiar | Mar 23, 2023

  Sixth Generation Chevrolet Camaro To Be Discontinued In 2024; Replacement Could Be An EV

  The final sixth generation Chevrolet Camaros will come off the assembly line at the Lansing Grand River Assembly Plant in Michigan in January 2024.

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