Auto Industry
Reuters
Aug 29, 2022, 9:52 PM
India's Nayara Energy, part owned by Russian oil major RosneftMM>, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports.
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Reuters | Aug 29, 2022Automakers Scramble To Decode New U.S. EV Tax CreditsU.S. automakers and dealers are scrambling to figure out if they can still offer $7,500 tax credits to would-be buyers of electric vehicles (EVs).1 min read
Reuters | Aug 29, 2022EV Startup Fisker Explores Higher Production In 2023, U.S. ManufacturingFisker Inc said it was exploring options to manufacture in the United States in 2024 and was considering ramping up production of its first vehicle, the Ocean SUV, in the second half of 2023.1 min read
Reuters | Aug 29, 2022Chasing Green Goals, Corporations Push Car Fleet Managers Toward EVsLarge corporations are jumping on the "green" bandwagon left and right, which in turn is pushing firms that lease and manage car fleets to convert to electric vehicles (EVs) faster than they had ever thought possible.4 mins read
Reuters | Aug 29, 2022Oil Drops With Dollar On Recession Fears; Wall Street Ends MixedCrude oil sank with Treasury yields and the dollar on Thursday as recession worries intensified following the Bank of England's warning of a drawn-out downturn and ahead of key a hotly anticipated U.S. employment report.3 mins read
Jaiveer Mehra | Aug 29, 2022MG Gloster Facelift Launch on August 31, 2022The teaser reveals little about the update aside from calling the updated SUV, the ‘Advanced Gloster’.2 mins read
Reuters | Aug 29, 2022Iranian Tanker Reloads Oil Confiscated By U.S. In GreeceAn Iranian-flagged tanker is reloading oil confiscated in April by the United States after Greek authorities approved the release of the cargo.1 min read
Reuters | Aug 29, 2022India Says No Pressure On It To Limit Energy Purchases From RussiaIndia said there was no pressure on it from Western countries or anywhere else over its energy purchases from Russia.2 mins read
Reuters | Aug 29, 2022Cuba Tames Its Largest Fire, Fuel Depot Locals Begin To ReturnMassive clouds of steam rose from Cuba's largest fuel depot in Matanzas as firefighters, helicopters and boats poured water and foam on the smoldering remains of the largest fire in the island's history.2 mins read
