Auto Industry

Reuters

Oct 27, 2022, 10:21 PM

Indian Rupee Could Hit 84-85/USD By March On Trade Deficit, Oil Woes -Elara Global

Higher-than-expected jobs additions in September and an unexpected dip in the unemployment rate cemented bets of another 75 basis points Fed rate hike next month, pressuring the rupee.

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  car&bike Team | Oct 27, 2022

  Gogoro To Enter India; Announcement On November 3, 2022

  Taiwanese EV and infrastructure company, Gogoro, will enter the Indian EV market, with a big announcement on November 3, 2022, to which carandbike has been invited.

  2 mins read
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  Reuters | Oct 27, 2022

  France Orders Fuel Depot Strikers Back To Work, Union Vows To Challenge It

  The French energy ministry said it was requisitioning some staff at the Gravenchon-Port Jerome depot run by Exxon's Esso France business, where the hardline CGT remains on strike despite a pay deal with other unions.

  3 mins read
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  Seshan Vijayraghvan | Oct 27, 2022

  5 Things You Must Know If You Plan To Buy A Used Tata Altroz

  If you are planning to buy a used Tata Altroz, here are 5 things you must know about it first.

  2 mins read
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  Reuters | Oct 27, 2022

  Druzhba Pipeline Leak Reduces Russian Oil Flows To Germany

  The discovery of the leak in the main route carrying oil to Germany, which operator PERN said it found on Tuesday evening, comes as Europe is on high alert over its energy security.

  3 mins read
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  Reuters | Oct 27, 2022

  Oil Prices Rise 2% On Low Diesel Stocks Ahead Of Winter

  Brent crude futures for December delivery rose $2.12 to $94.57 a barrel, a 2.29 per cent gain. U.S. crude rose $1.84, or 2.1 per cent, to $89.11 per barrel.

  2 mins read
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  Reuters | Oct 27, 2022

  Honda To Build JV U.S. Battery Plant, Retool Ohio Plants

  Honda and LG are initially committing to investing $3.5 billion and creating 2,200 jobs but said the overall investment is projected to reach $4.4 billion.

  2 mins read
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  Reuters | Oct 27, 2022

  SoftBank-backed tech unicorn Kavak expands in Middle East

  Kavak plans to invest $130 million over the next two years in the three Middle-Eastern countries, which are set to represent 7-10% of its business.

  2 mins read
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  car&bike Team | Oct 27, 2022

  Royal Enfield Begins Testing EV Prototypes In India And Globally

  Royal Enfield has begun testing EV prototypes in India and other parts of the world, a report from Hindu Business Line says.

  1 min read