Auto Industry

Reuters

Sep 20, 2022, 2:21 AM

Lebanon Central Bank Stops Providing Dollars For Gasoline Imports

Lebanon's central bank said it has entirely ceased providing dollars for gasoline imports in a move that will likely lead to higher and more volatile prices as well as increased pressure on the local currency which has been steadily losing value.

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  Reuters | Sep 20, 2022

  Most Twitter Shareholders Vote In Favor Of Sale To Musk - Sources

  A majority of Twitter Inc's shareholders have voted in favor of the social media company's $44 billion sale to Elon Musk, people familiar with the tally said.

  2 mins read
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  Reuters | Sep 20, 2022

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

  U.S. power chip maker Wolfspeed Inc said it 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 as demand surges.

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  Reuters | Sep 20, 2022

  Election-Time Brazil Gasoline Tax Cut To Lead Mills To Shun Ethanol

  Brazilian President Jair Bolsonaro's move to sharply cut taxes on fuels, particularly gasoline, to boost his reelection chances has squeezed ethanol's profit margins and is expected to lead mills to shun the biofuel and focus strongly on sugar.

  2 mins read
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  Pratik Rakshit | Sep 19, 2022

  Tata Motors Launches New Synthetic Engine Oil For Commercial Vehicles

  Tata Motors says that the new 5W30 synthetic engine oil has been extensively tested in varied and stringent conditions for over three years.

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  Seshan Vijayraghvan | Sep 19, 2022

  Planning To Buy A Used KTM 390 Duke? Here Are Some Pros And Cons

  Planning to buy a used KTM 390 Duke? You can get a few years older model for around Rs. 1 lakh to Rs. 2.5 lakh, depending on its condition. But before you start looking for one, here are some pros and cons you must consider.

  2 mins read
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  car&bike Team | Sep 20, 2022

  Honda Cars India Could Discontinue 1.5 Diesel To Meet New Emission Norms – Report

  The upcoming Real Driving Emissions norms set to be put in place in April 2023 could mark the end of Honda’s diesel engine.

  2 mins read
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  Jaiveer Mehra | Sep 19, 2022

  Toyota Glanza To Get A Factory-Fitted CNG Variant

  The Glanza CNG is expected to be offered in three variants with the manufacturer recently getting a type approval for the hatchback.

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  Mihir Barve | Sep 18, 2022

  Exclusive: BMW Group Headed For A Record Year In India

  In its 15th year of operation in India, the BMW Group is headed towards a record year growth, Vikram Pawah, President of BMW Group India revealed in an exclusive conversation with carandbike.

  3 mins read