Auto Industry

Reuters

Jul 30, 2021, 12:09 PM

Oil Prices Drop, But On Track For Steep Weekly Gain

Even with coronavirus cases rising in the United States, all around Asia and parts of Europe, analysts said higher vaccination rates would limit the need for the harsh lockdowns that gutted demand during the peak of the pandemic last year.

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  car&bike Team | Jul 30, 2021

  Renault Forecasts 2021 Profit Despite Global Chip Shortage

  French carmaker Renault said on Friday it expected to post a full-year 2021 profit despite a worsening semiconductor chip shortage and rising raw materials costs.

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  car&bike Team | Jul 30, 2021

  TuSimple's Self-Driving Trucks To Use Ryder Sites As Terminals

  Self-driving truck technology company TuSimple Holdings Inc said on Thursday its trucks will use truck leasing and rental company Ryder System Inc's maintenance sites as terminals to help it expand its U.S. autonomous freight network.

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  Seshan Vijayraghvan | Jul 29, 2021

  Toyoda Gosei Develops New Structure For A Safer Driver-side Airbag

  Toyoda Gosei has developed a driver-side airbag with a new structure that can more safely protect the occupant. The new airbag made its debut earlier this year with the new Honda Civic that was launched in North America in June 2021.

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  Sameer Contractor | Jul 29, 2021

  Tata Ace Gold Petrol CX Launched In India, Prices Start At Rs. 3.99 Lakh

  The new Tata Ace Gold Petrol CX variant is offered in two variants with the flat-bed version priced at Rs. 3.99 lakh, whereas the half-deck load body variant is priced at Rs. 4.10 lakh.

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  car&bike Team | Jul 29, 2021

  STMicro Raises Outlook As High Chip Demand Drives Plants At Full Steam

  Franco-Italian chipmaker STMicroelectronics raised full-year sales and investment outlook on Thursday as surging demand from car and phone makers boosted second-quarter profits and kept its factories under pressure to meet orders.

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  car&bike Team | Jul 29, 2021

  China's CATL Unveils Sodium-Ion Battery - A First For A Major Car Battery Maker

  China's CATL on Thursday became the first major automotive battery maker to unveil a sodium-ion battery, saying it planned to set up a supply chain for the new technology in 2023.

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  car&bike Team | Jul 29, 2021

  Panasonic's Q1 Profit Soars 27 Times On Robust Demand For Car Batteries, Appliances

  Panasonic Corp said first-quarter operating profit surged more than 27 times, handily beating expectations as demand for home appliances and automotive batteries recovered from a particularly weak COVID-hit year.

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  car&bike Team | Jul 29, 2021

  India's June Crude Imports Hit 8-Month Low As Virus Dampens Demand

  India's crude oil imports in June dropped to their lowest level in eight months as refiners cut down processing in the face of a tumultuous second wave of the coronavirus, government data showed on Wednesday.

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