Auto Industry
Reuters
Aug 20, 2022, 5:47 PM
Britain said it wanted a widespread rollout of self-driving vehicles on roads by 2025, announcing plans for new laws and 100 million pounds ($119.09 million) of funding.
1 Min
Reuters | Aug 20, 2022India's Adani Power To Buy DB Power For Rs. 7,000 Cr.Adani Power Ltd are set to buy thermal power plant operator DB Power for an enterprise value of Rs. 7017 Crore ($879.14 million) as India's largest private thermal power producer looks to expand operations.1 min read
Reuters | Aug 20, 2022Oil Up 3% On Robust U.S. Fuel Consumption, Tight Supply OutlookOil prices gained about 3% as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.2 mins read
Reuters | Aug 20, 2022Bhutan Bans Import Of Most Vehicles As Foreign Exchange Reserves PlummetBhutan will ban the import of all vehicles except utility vehicles, heavy earthmoving machines and agriculture machinery to save dwindling foreign exchange reserves.1 min read
Reuters | Aug 20, 2022Oil Prices Down 1.5% For The Week On Recession JittersOil prices fell for the week on a stronger U.S. dollar and fears that an economic slowdown would weaken crude demand.2 mins read
Reuters | Aug 20, 2022Apple Supplier Foxconn To Invest $300 Million More In Northern Vietnam - ReportFoxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production.1 min read
Jaiveer Mehra | Aug 20, 2022Royal Enfield Shotgun 650 Spotted In Near Production Guise650cc motorcycle could make its debut later this year.1 min read
Seshan Vijayraghvan | Aug 20, 2022Should You Buy A Used Mahindra Xylo? Here Are Some Pros & Cons To ConsiderDepending on the model year and condition of the vehicle you can get a used Mahindra Xylo for anywhere between Rs. 3.5 lakh to Rs. 7 lakh. However, before you start looking for one, here are some pros and cons you must consider.2 mins read
Mihir Barve | Aug 19, 2022Mahindra Considering Buying GM's Talegaon Plant - ReportGM has been trying to sell its plant for the last 5 years as the American auto giant exited the Indian market in 2017.2 mins read
