Auto Industry News
Argentina Grains Truckers And Government Set Virtual Meeting To End Strike
Argentina's truckers and government officials agreed on Thursday to have a virtual meeting in order to reach an agreement to end a protest by truck owners demanding higher freight rates.
Analysis: Soaring Battery Costs Fail To Cool Electric Vehicle Sales
Apr 26, 2022 08:42 PM
Global EV sales in the first quarter jumped nearly 120%, according to estimates
Indian Refiners' March Crude Processing Rises 6.4% Year-On-Year
Apr 26, 2022 08:41 PM
India's fuel demand rose to a three-year high in March as the market accumulated supplies foreseeing price spikes while easing COVID-related curbs boosted demand.
Oil Edges Higher On Concerns Over Russia, Libya Supply Disruption
Apr 26, 2022 08:32 PM
Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls a potential ban on Russian oil imports that would further restrict worldwide oil trade.
Oil Steadies After Sharp Fall; Focus On China Growth
Apr 26, 2022 08:07 PM
Oil prices bounced as worries over China's fuel demand were soothed by the central bank's pledge to support an economy hit by renewed COVID-19 curbs.
U.S. Reviews LG Energy Solution Batteries To Ensure Adequate Recalls
Apr 26, 2022 08:01 PM
The auto safety agency noted Mercedes-Benz, Chrysler-parent Stellantis, General Motors and Hyundai Motor have issued recalls since 2020 due to internal failures in high-voltage vehicle batteries that pose fire risks. Batteries produced by LG Energy Solution.
Mercedes-Benz Accelerates In-House Software Push With New Tech Centre
Apr 26, 2022 07:50 PM
Mercedes-Benz is planning around 750 of the 3,000 new hires globally to develop the operating system were hired in Sindelfingen, working on features from in-vehicle entertainment to autonomous driving.
EV Parts Maker Schaeffler Signs First Of A Kind European Rare Earth Deal
Apr 26, 2022 07:32 PM
Schaeffler has agreed a five-year deal with Norway-based REEtec to supply rare earth oxides from 2024.
Tesla Should Not Import Cars From China For Domestic Sale: Nitin Gadkari
Apr 26, 2022 07:22 PM
Union Minister for Road Transport and Highways, Nitin Gadkari, has said that Tesla Inc is welcome to set up shop in India, make cars there for sale and export them, but must not import cars from China.
Upcoming Launches
