Auto Industry

Reuters

Aug 4, 2022, 5:57 PM

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).

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  Reuters | Aug 4, 2022

  Oil Prices Rebound On Supply Concerns After Drop To Near 6-Month Low

  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.

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  Jaiveer Mehra | Aug 4, 2022

  FADA July 2022: Vehicle Sales Fall 7.84% Year-On-Year

  Two-wheeler and passenger vehicles sales declined year-on-year vis-à-vis July 2021 though the latter was higher than pre-pandemic levels.

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  Reuters | Aug 4, 2022

  GM Doubles Miles Open To Its Super Cruise Technology

  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.

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  Seshan Vijayraghvan | Aug 4, 2022

  Mahindra Shares More Details About Upcoming Born Electric Vision EVs In New Teaser

  Mahindra is all set globally to unveil its new generation of electric vehicles on August 15, 2022, in Oxfordshire UK. Ahead of the global debut, the carmaker has now shared a new teaser revealing a bunch of new information.

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  Pratik Rakshit | Aug 4, 2022

  Hyundai Tucson India Launch Postponed; New Date Revealed

  Hyundai India commenced the pre-bookings of the Hyundai Tucson on July 18, 2022 at an initial token amount of Rs. 50,000.

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  Seshan Vijayraghvan | Aug 3, 2022

  5 Hot Hatchbacks You Can Buy From The Used Car Market

  Looking for performance car on a budget? Well, we would suggest looking for a used hot hatch. And here are 5 cars you can consider.

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  Sameer Contractor | Aug 3, 2022

  CEAT EnergyRide EV Tyre Range Launched, India's First Tyres Specifically For Electric Two-Wheelers

  The new CEAT EnergyRide EV range of tyres promises better grip in high torque and instant acceleration through super water channelling. It also distributes the force exerted on the tyres evenly around the tyre, thus reducing wear and tear.

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  Reuters | Aug 3, 2022

  India Cuts Fuel Export Taxes, Hikes Tax On Local Crude

  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

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