Auto Industry News
Oil Falls To Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+ said it would raise its oil output target by 100,000 barrels per day (bpd).
Oil Prices Rebound On Supply Concerns After Drop To Near 6-Month Low
Aug 29, 2022 05:01 PM
Oil prices rose as supply concerns triggered a rebound from multi-month lows plumbed in the previous session after U.S. data signalled weak fuel demand.
GM Doubles Miles Open To Its Super Cruise Technology
Aug 29, 2022 05:01 PM
GM said owners of certain vehicles equipped with its Super Cruise assisted driving system will now be able to use it on 400,000 miles (643,740 km) of North American roads.
India Cuts Fuel Export Taxes, Hikes Tax On Local Crude
Aug 29, 2022 04:59 PM
India has cut fuel export taxes for the second time in less than two weeks and increased a windfall tax on locally produced crude oil
Toyota-Panasonic Battery JV To Buy Lithium From ioneer's Nevada Mine
Aug 29, 2022 04:59 PM
A joint battery venture of Toyota Motor Corp and Panasonic Corp will buy lithium from ioneer Ltd's Rhyolite Ridge mining project and use the metal to build electric vehicle batteries in the United States.
Top 10 Pre-Owned BS6 Cars On Sale Under Rs. 10 Lakh
Aug 29, 2022 10:19 PM
We list out a few used cars that are currently on sale in Delhi NCR, at affordable pricing, compared to a new car.
Toyota Unit Falsified Emissions Data From At Least 2003, Probe Finds
Aug 29, 2022 04:55 PM
A major affiliate of Japan's Toyota Motor Corp falsified emissions data on some engines going back to at least 2003, more than a decade earlier than previously indicated, a company-commissioned probe showed recently.
Uber Turns Cash Flow Positive For The First Time, Shares Surge
Aug 29, 2022 04:54 PM
Uber Technologies Inc reported positive quarterly cash flow for the first time ever and forecast third-quarter operating profit above estimates, betting on steady demand for its ride-hailing and food-delivery services.
China's CATL Reshuffles Management As Billionaire Executive Exits
Aug 29, 2022 04:54 PM
China's CATL said its vice chairman and deputy general manager Huang Shilin had resigned and would leave the battery maker to explore business opportunities elsewhere.
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