Auto Industry

Reuters
Aug 20, 2021, 11:42 PM
Brent volumes were above 330,000 contracts, while volumes for the most-active WTI contract were more than 450,000, the highest since July 20.
1 Min
car&bike Team | Aug 20, 20212022 World Car Awards Calendar AnnouncedA new highlight of the 2022 awards program is the debut of the World Electric Vehicle of the Year award. This new award is intended to recognize, support and celebrate the global transition to electrically-powered vehicles1 min read
car&bike Team | Aug 20, 2021Siddhartha Lal's Re-Appointment As MD At Eicher Motors Rejected By Shareholders Over Salary Hike ProposalSiddhartha Lal's re-appointment as managing director at Eicher Motors, the parent company of Royal Enfield was rejected by the shareholders over a salary hike proposal.1 min read
car&bike Team | Aug 20, 2021Volkswagen Might Have To Cut Production Further Due To Chip ShortageVolkswagen may need to cut production further due to a semiconductor supply crunch, the German carmaker said on Thursday, after a report that Toyota would slash output by 40% in September.1 min read
car&bike Team | Aug 20, 2021China's Geely Warns Of Chip Shortage, But Keeps Annual Vehicle Sales TargetChina's Geely Automobile Holdings Ltd retained its annual sales target on Wednesday, betting that new vehicle launches will offset the short-term impact of a global chip shortage and a resurgence of the coronavirus pandemic.1 min read
car&bike Team | Aug 4, 2022Toyota Slashes September Output Amid Chip Crunch, COVID ResurgenceToyota Motor Corp said it will slash global production for September by 40% from its previous plan, becoming the last major automaker to cut output due to a global chip crunch, but it maintained its annual sales and production targets.2 mins read
Seshan Vijayraghvan | Aug 19, 2021EV Infrastructure Company RACEnergy Raises $1.3 Million Funding In A Seed+ RoundHyderabad-based e-mobility start-up, RACEnergy, has announced raising $1.3 million or Rs. 9.67 crore in funding in a Seed+ round led by Micelio Fund and growX ventures.1 min read
Ameya Naik | Aug 18, 2021MG Astor Compact SUV Teased Ahead Of LaunchThe Autonomous Level 2 MG Astor is powered by mid-range radars and a multi-purpose camera that can realize a series of advanced driver-assistance systems (ADAS).1 min read
Reuters | Aug 18, 2021Renault-Nissan Ordered To Pay Additional Wages, Despite Warning India Unit Could Become 'Unviable'Nissan and its union have been locked in an industrial arbitration dispute since July after the two sides failed to reach a mutual agreement over several issues including higher wages. A previous wage agreement expired in March 2019.1 min read












































