Auto Industry

Ameya Naik

Dec 1, 2022, 5:36 PM

Auto Sales November 2022: Toyota Sales Down By 9.5%

The cumulative wholesales from April to November 2022, registered a growth of 31 per cent when compared to cumulative wholesales in the same period last year.

1 Min

• 
  Jaiveer Mehra | Dec 1, 2022

  Auto Sales November 2022: MG Motor Posts Sales Of Over 4,000 Units

  MG Motor sales were up 64.4 per cent year-on-year though were down by 6.6 per cent compared to October 2022.

  1 min read
• 
  Ameya Naik | Dec 1, 2022

  Auto Sales November 2022: Skoda Sells 4,433 Units In India

  Cumulatively, from January to November 2022, Skoda Auto India has sold 48,933 units, which is more than double of the 23,858 cars sold annually in 2021. This also brings the company closer to its 50,000 cars annual target for 2022.

  1 min read
• 
  Reuters | Dec 1, 2022

  Oil Prices Climb On Tight Supply Worries

  Oil prices rose by as much as $1 per barrel after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.

  2 mins read
• 
  Reuters | Dec 1, 2022

  Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV Demand

  Wolfspeed will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles.

  2 mins read
• 
  Reuters | Dec 1, 2022

  Chip Maker Wolfspeed To Build New U.S. Factory To Meet Surging EV Demand

  Wolfspeed will build a new multi-billion dollar factory in Chatham County, North Carolina to make the raw materials used for chips that power things like electric vehicles.

  2 mins read
• 
  Reuters | Dec 1, 2022

  Oil Rises 4% On Supply Threats, Still Set For Weekly Drop

  Oil prices rose about 4% supported by real and threatened cuts to supply, although futures posted a second weekly decline.

  3 mins read
• 
  Reuters | Dec 1, 2022

  U.S. Commerce Aims To Seek Chips Funding Proposals By February

  The U.S. Commerce Department said it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand existing U.S. production.

  2 mins read
• 
  Reuters | Dec 1, 2022

  India's BPCL Plans To load Sokol Cargo In Sept - Report

  Indian state-refiner Bharat Petroleum Corp is re-attempting to charter a ship to load 700,000 barrels of Russia's Sokol crude oil this month, sources familiar with the deal said.

  1 min read