Auto Industry
Reuters
Aug 29, 2022, 5:03 PM
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).
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Reuters | Aug 29, 2022Oil Prices Rebound On Supply Concerns After Drop To Near 6-Month LowOil 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.2 mins read
Reuters | Aug 29, 2022GM Doubles Miles Open To Its Super Cruise TechnologyGM 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.2 mins read
Reuters | Aug 29, 2022India Cuts Fuel Export Taxes, Hikes Tax On Local CrudeIndia has cut fuel export taxes for the second time in less than two weeks and increased a windfall tax on locally produced crude oil1 min read
Reuters | Aug 29, 2022Toyota-Panasonic Battery JV To Buy Lithium From ioneer's Nevada MineA 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.2 mins read
car&bike Team | Aug 29, 2022Top 10 Pre-Owned BS6 Cars On Sale Under Rs. 10 LakhWe list out a few used cars that are currently on sale in Delhi NCR, at affordable pricing, compared to a new car.9 mins read
Reuters | Aug 29, 2022Toyota Unit Falsified Emissions Data From At Least 2003, Probe FindsA 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.3 mins read
Reuters | Aug 29, 2022Uber Turns Cash Flow Positive For The First Time, Shares SurgeUber 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.1 min read
Reuters | Aug 29, 2022China's CATL Reshuffles Management As Billionaire Executive ExitsChina'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.1 min read
