Auto Industry

car&bike Team

Apr 1, 2022, 1:59 AM

More Than Rs. 800 Crore Siphoned Off; I-T Dept. Alludes To Hero In Release

While the I-T department did not directly name Hero MotoCorp, news reports claim sources within the agency that the release alludes to India's largest two-wheeler maker.

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  car&bike Team | Apr 1, 2022

  China's WeRide To Launch Robotaxis On GAC's Ontime Ride-Hailing App

  Automakers and technology firms are investing billions of dollars in autonomous driving, aiming to take an early lead in what many consider the future of mobility.

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  car&bike Team | Apr 1, 2022

  Swiss Re, Baidu Team Up In Autonomous Driving Business

  Swiss Re will provide risk management expertise and insurance products for Baidu's autonomous driving business, it said without giving any financial terms.

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  car&bike Team | Apr 1, 2022

  Oil Drops 2% Amid Russia-Ukraine Peace Talks, China Lockdowns

  Brent crude and West Texas Intermediate fell 7% on Monday followed by a second 7% drop early on Tuesday before bouncing off session lows.

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  car&bike Team | Apr 1, 2022

  Oil Up 3% On Tight Supply, Prospects Of New Russia Sanctions

  Brent futures rose 2.9%, to settle at $113.45 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 3.4%, to $107.82.

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  car&bike Team | Mar 31, 2022

  Oil Prices Dive As U.S. Considers Record Reserves Release

  The United States is considering releasing 180 million barrels of crude from its Strategic Petroleum Reserve.

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  car&bike Team | Mar 31, 2022

  SUN Mobility, Amazon To Expand Deployment Of EVs With Battery-Swapping Tech

  Amazon's transportation and logistics services will be serviced by an expanded deployment of electric three-wheelers integrated with SUN Mobility's battery-swapping technology.

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  car&bike Team | Mar 31, 2022

  GM To Retrofit Heated Seat Feature On Newly Sold Vehicles In Mid-2022

  The automaker said it will cover the cost to retrofit new vehicles built without the chips needed for the heated and ventilated seats.

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  car&bike Team | Mar 31, 2022

  GM Aims To Tackle Chip Shortage With New Designs Made In North America

  GM is working with seven chip suppliers on three new families of microcontrollers that will reduce the number of unique chips by 95% on future vehicles, said North America, President Mark Reuss.

  1 min read