Auto Industry

Reuters

Oct 29, 2022, 8:45 AM

India's Gasoil, Gasoline Sales Surge On Festive Demand

Gasoline and gasoil sales by Indian state refiners rose sharply in September from a year earlier.

2 Min

• 
  Reuters | Oct 29, 2022

  India Cuts Windfall Tax On Crude Oil Output, Diesel Exports

  The Indian government has cut a windfall tax on domestically produced crude oil to 8,000 rupees per tonne from 10,500 rupees per tonne.

  0 mins read
• 
  Reuters | Oct 29, 2022

  Petronas To Fight Asset Claims By Southeast Asian Sultan's Heirs

  Malaysian state oil firm Petronas said it would contest any claims on its assets by the heirs of a former Southeast Asian sultan, who are seeking $15 billion in compensation.

  2 mins read
• 
  Reuters | Oct 29, 2022

  Oil Falls But Notches Weekly Gain As OPEC+ Considers Output Cut

  Oil prices dipped choppy trading but notched their first weekly gain in five.

  2 mins read
• 
  Sameer Contractor | Oct 29, 2022

  Delhi Government Hikes Auto And Taxi Fares

  The upward revision will see the auto-rickshaw fare increase by Rs. 5, while the per kilometre charge for AC and non-AC taxis have gone up by Rs. 4 and Rs. 3 respectively.

  2 mins read
• 
  Reuters | Oct 29, 2022

  U.S. Autonomous Vehicle Group Picks Ex-Senate Aide As Director

  The Autonomous Vehicle Industry Association (AVIA) has tapped Jeff Farrah as its first executive director.

  2 mins read
• 
  Reuters | Oct 29, 2022

  Chip Shortage Forces Temporary Closure Of Volvo Cars Factory - GP

  Volvo Cars will temporary close one of its factories due to a chip shortage, the company told newspaper Goteborgs-Posten on Tuesday.

  0 mins read
• 
  Reuters | Oct 29, 2022

  Intel Unit Mobileye Prices IPO Above Range To Raise $861 Million

  The IPO values Mobileye at $16.7 billion, a far cry from the $50 billion valuation that Intel was initially hoping to achieve.

  2 mins read
• 
  Reuters | Oct 29, 2022

  Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030

  The EV investment figure, which has not previously been published, dwarfs previous investment estimates by Reuters and is more than twice the most recent calculation published just a year ago.

  2 mins read