Auto Industry News
India Has Achieved 10% Ethanol Blending In Petrol 5 Months Ahead Of Target: PM Modi
Prime Minister Narendra Modi called this a major accomplishment for India, given the fact that ethanol blending in petrol was hardly 1.5 per cent in FY 2013-14 and about 5 per cent by FY 2019-20.
FADA: Auto Sales Grow 207% In May 2022 Though Still Down From Pre-Covid Times
Jun 6, 2022 03:32 PM
While numbers were up in comparison to May 2021, overall auto sales were 10% lower than pre-covid May 2019.
Musk Backtracks On Job Cuts, Says Tesla Salaried Staff To Be 'Fairly Flat'
Jun 5, 2022 11:44 PM
According to a Tesla U.S. regulatory filing, the company and its subsidiaries had almost 100,000 employees at the end of 2021.
Musk's Warning Could Be Auto Industry's 'Canary In The Coal Mine' Moment
Jun 5, 2022 08:56 PM
Musk's warning is the first loud and public dissent in a united stance by the auto industry that underlying demand for cars and trucks remains strong despite two years of global pandemic.
World Environment Day 2022: Hybrid, Plug-In Hybrid Cars On Sale In India
Jun 5, 2022 08:25 PM
While EVs are gaining popularity strong hybrids offer another solution to the problem of reducing fuel consumption.
World Environment Day 2022: All Our Vehicles Are Minimum 85 Per Cent Recyclable, Says Mercedes-Benz
Jun 5, 2022 07:20 PM
On World Environment Day 2022, we spoke with Shekhar Bhide, Vice President Customer Services & Corporate Affairs, Mercedes-Benz India about the initiatives Mercedes-Benz India has taken with respect to preserving our environment and cultivating sustainable alternatives.
Oil Settles Up Despite OPEC+ Output Hike Plan; Supply Still Tight
Jun 4, 2022 11:06 PM
OPEC+, on Thursday agreed to boost output by 648,000 barrels per day (bpd) a month in July and August
Navigation Firm TomTom To Cut Jobs As It Automates Mapmaking
Jun 4, 2022 10:48 PM
Chief Executive Harold Goddijn said higher levels of automation would build better, broader maps enabling it to address a wider market.
Stellantis Unit Pleads Guilty, Will Pay $300M In U.S. Diesel Probe
Jun 4, 2022 09:45 PM
The guilty plea represents the final significant action U.S. officials are expected to take against FCA in the emissions fraud matter.
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