Auto Industry
car&bike Team
Jul 27, 2021, 9:30 PM
Post the launch of the Kushaq, the company says that it has received more than 200 dealership applications by potential partners.
1 Min
Charanpreet Singh | Jul 27, 2021Government May Reduce Import Duty If Tesla Agrees To Manufacture EVs In India: ReportThe Centre is ready to take a fresh look at lowering import duty and providing other incentives for the EV maker if the brand agrees to manufacture its cars in the country.1 min read
car&bike Team | Jul 27, 2021Tesla Posts Record Profits, Offers Muddy Outlook For Batteries, CybertruckTesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to higher sales of its less-expensive electric vehicles, as it raised vehicle prices and cut costs.1 min read
Reuters | Jul 27, 2021Indian Oil Corporation To Fuel Expansion With Green PowerIOC also plans to build a green hydrogen plant at its 160,000 bpd Mathura refinery in northern Uttar Pradesh state.1 min read
Reuters | Jul 27, 2021Oil Prices Steady As Market Undersupplied But Virus Clouds DemandCoronavirus cases continued to rise over the weekend with some countries reporting record daily increases and extending lockdown measures that could slow oil demand.1 min read
Reuters | Jul 27, 2021Tata Motors Sees Demand Recovering, Warns Of Short Term Impact Of Chip ShortageTata Motors reiterated that it expected the chip supply crunch in the second quarter to be greater than in the first, likely resulting in wholesale volumes at JLR to be about 50% lower than planned.1 min read- car&bike Team | Jul 26, 2021Tata Motors Reveals Q1 FY2022 Results; Revenue Stands At Rs. 66,406 CroreTata Motors ends Q1 FY2022 with a good performance. The net loss for Q1 FY2022 was almost halved from Rs. 8,437.99 crore to Rs. 4,450.92 crore. Total revenue stood at Rs. 66,406 crore.1 min read
- Reuters | Jul 26, 2021JLR Parent Sees Demand Recovering, Warns Of Short Term Impact Of Chip ShortageTata says demand remains strong for Jaguar Land Rover (JLR) and India passenger vehicles, with commercial vehicles seeing a gradual improvement.1 min read
Charanpreet Singh | Jul 26, 2021Kia To Suspend Production At South Korea Plant Due To COVID-19The suspension at assembly line No. 1 of the Sohari facility may be extended further depending on the result of coronavirus tests on its workers, a company spokesman said.1 min read
