Auto Industry
Reuters
Aug 29, 2021, 9:24 PM
For the week, global benchmark Brent shed more than 6%, its largest week of losses in four months, and U.S. West Texas Intermediate (WTI) tumbled nearly 7% in its biggest weekly decline in nine months.
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Reuters | Aug 29, 2021China Auto Sales Tumble For A Third Straight Month In JulyFor the first seven months of the year, China's vehicle sales have jumped 19% as the market recovered from pandemic lows.1 min read
Ameya Naik | Aug 29, 2021Tata Motors Presents Nexon EV To Municipal Corporation Of Greater MumbaiThe Nexon EV was handed over to MCGM by the Cabinet Minister of Tourism and Environment for the Government of Maharashtra - Aditya Thackeray, in the presence Iqbal Singh Chahal - Commissioner, MCGM, Sanjay Bansode - Cabinet Minister, Government of India among others.1 min read
Reuters | Aug 29, 2021Spread Of COVID-19 Delta Variant Knocks Oil Demand Outlook: Report"Growth for the second half of 2021 has been downgraded more sharply, as new COVID-19 restrictions imposed in several major oil consuming countries, particularly in Asia, look set to reduce mobility and oil use," the Paris-based IEA said.1 min read
Charanpreet Singh | Aug 29, 2021MoRTH Introduces 'Bharat Series' Registration Mark For New Vehicles: ReportAccording to an official notification issued by MoRTH, a vehicle bearing this registration mark will not require a new registration mark when the owner of the vehicle shifts from one state to another.1 min read
Charanpreet Singh | Aug 29, 2021Automotive Skills Development Council Ties Up With Hero MotoCorp To Bridge Digital Skill Gap At DealershipsAs per the Memorandum of Understanding (MoU) signed between the ASDC and Hero MotoCorp, this partnership aims to train the dealership staff in an apprenticeship model.1 min read
Reuters | Aug 29, 2021India's Petrol, Diesel Sales Fall As Rains Hit MobilityEasing restrictions by provincial governments as coronavirus infections subside had led to an increase in auto fuel demand last month. However, heavy monsoon rains in some parts of the country caused large scale flooding in early August, reducing demand for diesel and petrol.1 min read
Reuters | Aug 29, 2021India Starts Selling Oil From Strategic Reserves After Policy ShiftIndia, the world's third-biggest oil importer and consumer that imports over 80% of its oil needs, is mirroring a model adopted by countries such as Japan and South Korea in its commercialisation of its Strategic Petroleum Reserves (SPRs).1 min read
Reuters | Aug 29, 2021India Says To Exceed Emission Cut Targets, Further Reduction Hinges On Climate FundAs part of its pledge under the 2015 Paris climate agreement India, the world's third-biggest carbon emitter after China and the United States, is supposed to reduce its carbon footprint by 33-35% from 2005 levels by 2030.1 min read
