Auto Industry

car&bike Team
Jul 11, 2022, 7:44 PM
As per the report, the company could also retrench employees in the coming days as it refocuses on EV business and improve cash flow.
2 Min
Reuters | Jul 11, 2022S.Korea's LG Energy Solution To Supply Batteries To India's Mahindra - ReportThe batteries will power the Indian automaker's XUV400 SUVs.1 min read
car&bike Team | Jul 11, 2022Mercedes-Benz Expects Supply Chain Constraints To Continue In 2022Mercedes-Benz CEO Martin Schwenk said that the company was still dealing with semiconductor shortage and supply chain constraints.2 mins read
Reuters | Jul 11, 2022Oil Falls On Recession Jitters, China COVID CurbsBrent crude futures fell 82 cents or 0.8% while U.S. WTI crude futures declined by $1.04, or 1% after both posted gains of around 2% last Friday.2 mins read
Reuters | Jul 11, 2022Mahindra Aims To Lead Electric SUV Sales In India With New EV UnitIndia's EV market, dominated by Tata Motors, represents only 1% of the country's annual sales of about 3 million vehicles. The government wants this to grow to 30% by 2030.2 mins read
Reuters | Jul 11, 2022Mahindra Open To Investing In EV Battery Cell Maker To Secure Supplies - CEOMahindra could consider investing in a battery-cell company to meet future electrification needs.2 mins read
Reuters | Jul 11, 2022Tata Motors Raises Passenger Vehicle PricesIndian carmaker Tata Motors raised the price of its passenger vehicles on Saturday as input prices continue to increase.0 mins read
Reuters | Jul 10, 2022Oil Rises 2% But Posts Weekly Loss On Recession FearsOil prices rose about 2% in volatile trade but were still heading for a weekly decline as investors worried about a potential recession-driven demand downturn even as global fuel supplies remained tight.2 mins read
Reuters | Jul 10, 2022India's June Fuel Demand Rises 17.9% Year-On-YearIndia's fuel consumption in June rose by 17.9% from a year earlier.2 mins read












































