Auto Industry
car&bike Team
May 29, 2022, 3:48 PM
India'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.
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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
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car&bike Team | May 29, 2022Indian Shares Fall As Metals Tumble; Automobiles Help Cap LossesIndia announced a series of changes to the tax structure levied on fuel and crucial commodities in a bid to help fight surging inflation.1 min read
car&bike Team | May 29, 2022Japan's Subaru To Build Its First Electric Vehicle FactorySubaru plans to launch a mixed-production line of gasoline and electric vehicles around 2025 before opening an EV-only production line in the new factory after 20271 min read
car&bike Team | May 28, 2022Ather Energy Says Damaged E-Scooter Due To Accident Caused Short-Circuit, FireUpon investigating a fire in the Ather Energy dealership in Chennai, Ather has pinned the cause to a crack in the battery casing of the vehicle, which was caused by an earlier accident. No injuries were reported.1 min read
car&bike Team | May 28, 2022CATL Planning EV Battery Production In United States, Vetting Sites - ReportCATL, the world's largest battery maker, is in the final stages of vetting sites in the United States to build electric vehicle batteries.1 min read
car&bike Team | May 28, 2022Varroc Engineering To Sell Europe, Americas 4-Wheeler Lighting Business For $631 MillionVarroc, which will retain its 4-wheeler lighting operations in Asia, said it will continue to operate its China joint venture and its other businesses in countries such as Italy, Vietnam, Poland and Romania.1 min read
