Auto Industry News
Delhi To Get 8 More Automated Driving Test Tracks To Reduce Waiting Period
Delhi's transport department has floated tenders for the construction of new automated test tracks at eight new locations across the city, The test tracks will come up at eight different educational institutions.
Tata Motors To Increase Commercial Vehicle Prices By 2.5% From January 1, 2022
Dec 7, 2021 02:08 AM
Tata Motors will increase prices of its entire commercial vehicle range from January 1, 2022. The company has said that the price hike will be in the range of 2.5 per cent, and the revised prices will come into effect across all segments, basis individual models and variants of the vehicle.
Government Has Supported 1.65 lakhs EVs Under FAME II Scheme; Over 2,800 Charging Stations Have Been
Dec 7, 2021 02:07 AM
Under the Phase II of the FAME India scheme, the government has supported about 1.65 lakh electric vehicles, by way of Demand Incentive amounting to about Rs. 564.00 crore. The ministry says that it has also sanctioned 2,877 charging stations, amounting to Rs. 500 crore.
Auto Sales November 2021: Sonalika Tractors Records 8.98 Per Cent Sales Decline
Dec 7, 2021 02:06 AM
Sonalika has clocked highest ever November overall estimated market share of 16 per cent which a again of 1.4 per cent in its market share.
Tarun Mehta Says 'Stupid Market' On Ather Energy's Valuations
Dec 6, 2021 09:38 PM
Ather Energy Co-founder & CEO Tarun Mehta used strong words on social media, in response to a query about his company's market valuation compared to Ola Electric.
Zoho CEO Buys Mahindra Treo e-Auto; Suggests Some Improvements To Anand Mahindra
Dec 6, 2021 07:24 PM
In a series of tweets, Zoho CEO Sridhar Vembu praised the Mahindra Treo electric three-wheeler and suggested a few improvements to Anand Mahindra.
Oil Ends Higher After A Day Of Wild Swings On OPEC, Omicron
Dec 5, 2021 11:12 PM
The market sold off dramatically after the Organization of the Petroleum Exporting Countries and its allies known as OPEC+ issued a bit of a surprise by sticking to plans to boost output monthly by 400,000 barrels per day.
OPEC+ Agrees On Planned January Oil Output Rise, Sources Say
Dec 5, 2021 11:08 PM
OPEC+ has agreed to go ahead with its planned January oil output rise of 400,000 barrels per day.
Oil Steadies, Paring Gains As Rising COVID Cases Spur Demand Worries
Dec 5, 2021 10:55 PM
Oil prices climbed more than $2 a barrel after producer group OPEC+ said it could review its policy to hike output at short notice if a rising number of pandemic lockdowns chokes off demand.
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