Auto Industry
car&bike Team
May 29, 2022, 8:34 PM
France's new foreign minister said she was optimistic that those still opposed to a new European Union sanctions package that would phase out Russian oil imports to the bloc could be convinced and that the bloc would reach a deal.
1 Min
car&bike Team | May 29, 2022Tata Motors Gets Nod From Gujarat Government To Takeover Ford's Sanand Plant - ReportTata Motors Plans to manufacture 2 lakh EVs annually at the Sanand plant by the year 2026.1 min read
car&bike Team | May 29, 2022Oil Steadies After Choppy Trade, U.S. Says Export Ban Not Ruled OutOil prices steadied on Tuesday after choppy trade as tight supply worries offset concerns over a possible recession and China's COVID-19 curbs.1 min read
car&bike Team | May 29, 2022Hungary Says Its Backing Of EU's Russia Oil Ban Hinges On Hundreds Of Millions Of DollarsHungary upped the stakes in talks about European Union oil sanctions on Wednesday, saying a deal was out of reach until Brussels offers a "solution" measured in hundreds of millions of dollars to replace Russian oil in the Hungarian economy.1 min read
car&bike Team | May 29, 2022Indian Government In Talks With Russian Over Cut-Price Oil Deal - ReportIndia is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said on Thursday, at a time when much of the West is shunning Russian crude over the conflict in Ukraine.1 min read
car&bike Team | May 29, 2022India's Crude Oil Imports Rise In March On Demand RecoveryIndia's crude imports rose about 4.2% in March to 19.03 million tonnes from a year earlier, government data showed on Monday, as consumption picked up in the world's third-largest oil importer after COVID-19 curbs were eased.1 min read
car&bike Team | May 29, 2022Auto Parts Maker Aptiv Joins Rivals To Flag Earnings Hit From China LockdownsAptiv has a "heavy presence" in Shanghai, a city that has been under strict lockdowns due to surging COVID-19 cases.1 min read
car&bike Team | May 29, 2022Uber To Cut Costs, Slow Down Hiring, CEO Tells StaffThe ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc1 min read
car&bike Team | May 29, 2022Factbox - South Korean EV Battery Makers In $13 Billion Spree To Win U.S. MarketSouth Korean battery makers have stepped up their U.S. investment ambitions and cumulative spending announcements since 20181 min read
