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Auto Industry
car&bike Team
Jul 11, 2022, 4:44 PM
Mercedes-Benz CEO Martin Schwenk said that the company was still dealing with semiconductor shortage and supply chain constraints.
2 Min
Reuters | Jul 11, 2022Oil Falls On Recession Jitters, China COVID CurbsBrent crude futures fell 82 cents or 0.8% while U.S. WTI crude futures declined by $1.04, or 1% after both posted gains of around 2% last Friday.2 mins read
Reuters | Jul 11, 2022Mahindra Aims To Lead Electric SUV Sales In India With New EV UnitIndia's EV market, dominated by Tata Motors, represents only 1% of the country's annual sales of about 3 million vehicles. The government wants this to grow to 30% by 2030.2 mins read
Reuters | Jul 11, 2022Mahindra Open To Investing In EV Battery Cell Maker To Secure Supplies - CEOMahindra could consider investing in a battery-cell company to meet future electrification needs.2 mins read
Reuters | Jul 11, 2022Tata Motors Raises Passenger Vehicle PricesIndian carmaker Tata Motors raised the price of its passenger vehicles on Saturday as input prices continue to increase.0 mins read
Reuters | Jul 10, 2022Oil Rises 2% But Posts Weekly Loss On Recession FearsOil prices rose about 2% in volatile trade but were still heading for a weekly decline as investors worried about a potential recession-driven demand downturn even as global fuel supplies remained tight.2 mins read
Reuters | Jul 10, 2022India's June Fuel Demand Rises 17.9% Year-On-YearIndia's fuel consumption in June rose by 17.9% from a year earlier.2 mins read
Reuters | Jul 10, 2022Why India Ramped Up Russian Oil imports, Easing Pressure On MoscowSince the start of the war in Ukraine, the United States and its allies have leaned on countries to buy less Russian oil in a bid to punish Moscow for its aggression.7 mins read
Reuters | Jul 10, 2022Oil Settles Up Nearly $4 As Tight Supply Outweighs Recession FearsOil prices settled sharply higher rebounding from steep losses the previous two sessions.2 mins read
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