Auto Industry
Reuters
Aug 29, 2021, 11:59 PM
Utah-based VIA Motors is eligible for potential earnout consideration of up to $180 million, that would be paid in Ideanomics' stock, according to the statement.
1 Min
Reuters | Aug 29, 2021Ferrari Boss Has No Fears Over Electric FutureThe European Union last month proposed an effective ban on the sale of new petrol and diesel cars from 2035 as part of its measures to combat global warming, posing a challenge to automakers that have made powerful engines a key selling point.1 min read
Charanpreet Singh | Aug 29, 2021Kia Workers Accept Wage Deal Without Strike For The First Time In A Decade: ReportKia Motors and its workers' Union reached a tentative wage deal early this week without staging a strike amid the ongoing COVID-19 pandemic.1 min read
Reuters | Aug 29, 2021Oil Falls In Biggest Weekly Decline In Months On Demand WorriesFor 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.1 min read
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
