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Articles of Carandbike Team
Car Sales May 2022: Maruti Suzuki Sells 161,413 Units As Volumes Decline Month-On-Month
Maruti Suzuki registered a healthy growth of nearly 247 per cent year-on-year when compared to 46,555 units sold in May 2021. However, do note that sales last year were due to the second wave of the Covid-19 pandemic,
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Auto Sales May 2022: Toyota Sells 10,216 Units As Sales Revert To Pre-Pandemic Levels
Toyota Kirloskar Motor sold 10,216 units in May 2022, as against 10,112 units sold in May 2019, even as monthly sales were down by 32 per cent.
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Svitch MotoCorp Announces CSR 762 Electric Motorcycle; Priced At Rs. 1.65 Lakh
Svitch MotoCorp, a new EV startup, is all set to the roll-out of CSR 762, a new electric motorcycle which had been in the works for over two years. It will be priced at Rs. 1.65 lakh (Ex-showroom).
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Auto Sales May 2022: MG Motor India Registers Sale Of 4,008 Units
MG Motor India registered retail sales of 4,008 units in May 2022, which is a growth of 294.5 per cent compared to May 2021 and 99.6 per cent compared to April 2022.
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Car & Two-Wheeler Insurance Rates Set To Increase From June 1, 2022
The Central Government approved new base premium rates for third party motor vehicle insurance, which will be applicable from June 1, 2022. These will in turn also hike the prices of all new cars and bikes.
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Two-Wheeler Insurance Premium Hike To Dent Recovery Process: TVS CEO
In addition to challenges due to the pandemic, the ongoing semiconductor chip shortage, high raw material cost and increasing fuel prices have impacted demand.
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EU Agrees Gradual Russian Oil Embargo, Gives Hungary Exemptions
The target to cut 90% of all Russian imports by the end of 2022 includes seaborne deliveries as well as Poland and Germany stopping their own imports of Russian oil via pipeline.
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Iran Urges Greece To Cooperate Over Seized Ships Without U.S. Role
Tehran seized the Greek ships on Friday after Athens impounded the Iranian-flagged Pegas in April. The United States, which has imposed a tough sanctions regime on Iran, confiscated the Iranian oil cargo that was on the Pegas.
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Oil Surge Fans Inflation Fears, Dampens Stocks
Brent crude futures dashed to two-month highs above $123 a barrel and could rise further, analysts warn, citing Europe's decision to slash Russian oil imports, high U.S. summer demand and the easing of Chinese lockdowns at a time of tight global crude supply.
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EU, Resolving A Deadlock, In Deal To Cut Most Russia Oil Imports
Two thirds of the Russian oil imported by the EU comes via tanker and one third by the Druzhba pipeline. The embargo on seaborne oil imports would therefore apply to 2/3 of all oil imported from Russia.
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EU Agrees Russian Oil Sanctions, Gives Hungary Exemptions
The ban on seaborne imports of Russian oil will be imposed with a phase-in period of six months for crude oil and eight months for refined products, a European Commission spokesperson said.
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EU Leaders Agree To Ban Export Of Russian Oil To The Bloc: EU Council President
EU Council President Charles Michel said, the European Union leaders agreed on Monday to ban the export of Russian oil to the 27-nation bloc.
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Delhi To Make EV Retrofitting Process Easier For Owners - Report
Delhi Transport department is set to move the application process for converting internal combustion vehicles to EVs online.
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Oil Climbs Above $121 A Barrel As China Eases Restrictions, EU Meets
Oil prices hit a two-month high at $121 per barrel as China eased COVID-19 restrictions and traders priced in expectations that the European Union will eventually reach an agreement to ban Russian oil imports.
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IIT-Madras Team Developing Zinc-Air Batteries For Electric Vehicles
A team of researchers from IIT-Madras is developing Zinc-air batteries electric vehicles which are said to have a longer shelf life than lithium-ion batteries and are more economical.
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Iran Says Crew Of Two Seized Greek Tankers Not Detained And Are On Board
Iranian forces seized two Greek tankers in the Gulf, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the United States from a tanker held off the Greek coast.
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EU Summit To Agree Sanctions Should Include Russian Oil Embargo With Pipeline Exemption
The 27 EU member countries would "address the issue of the temporary exception for crude oil delivered by pipeline as soon as possible."
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Italian Brand Unveils Energica Experia Electric Sports Tourer
Italian brand Energica is also the supplier for the MotoE class, and has taken the firs step in the electric sports touring segment with the Energica Experia.
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Ola Electric Rolls Out Two-Week Delivery For Select Customers In Select Cities
Ola Electric has quietly rolled out a two-week delivery plan for select potential customers in select cities across India. This is a segmented, targeted communication for customers who have showed keen interest in the Ola S1 electric scooter.
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Mercedes-AMG E 63 S Final Edition Revealed; Marks The End For the Current E 63
The Final Edition is limited to just 999 units and is available in both sedan and estate bodystyles.
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