Auto Industry News

'Humble And Hidden' Auto Suppliers Driving The EV Revolution
As legacy auto parts suppliers figure out if and when to sell combustion engine businesses or buy EV parts makers, TE and rivals in the connectors or sensors businesses are looking to supply higher-value components and do more development work with carmakers going through a massive transition.

Intel, Micron Ceos To Make Case For U.S. Semiconductor Subsides: Report
Mar 29, 2022 12:01 AM
The chief executives of Intel and Micron will make the case Wednesday for U.S. government subsidies to boost semiconductor manufacturing before the U.S. Senate Commerce Committee.

Indian Bulk Diesel Buyers Rush To Secure Supplies From Cheaper Retail Outlets
Mar 28, 2022 11:54 PM
Indian state-run fuel retailers, who dominate local fuel sales, have not raised pump prices since Nov. 4 despite a surge in global oil and fuel prices.

Dancing Musk Hands Drivers First Teslas From New German Gigafactory
Mar 28, 2022 11:49 PM
Loud music played as 30 clients and their families got a first glimpse of their shining new vehicles through a glitzy, neon-lit Tesla branded tunnel, clapping and cheering as Tesla Chief Executive Musk danced and joked with fans.

Kremlin Says Russian Oil Embargo Would Hurt Europe, Not U.S
Mar 28, 2022 11:42 PM
Some European Union foreign ministers are pushing for an oil embargo as part of a possible fifth round of sanctions against Russi, in an effort to punish Moscow over events in Ukraine.

Financial, Auto Stocks Drive Indian Shares Lower As Investors Weigh Higher Oil Prices
Mar 28, 2022 11:40 PM
A rally in information technology stocks and Reliance Industries had helped both indexes gain more than 1% in the previous session, with the early momentum helping them open higher on Wednesday only to give up the gains and settle lower by mid-day.

India To Raise Petrol, Diesel Retail Prices After 4-Month Hiatus - Dealers
Mar 28, 2022 11:39 PM
India's three state-run fuel retailers - Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp - dominate fuel retailing in India and tend to move their prices together.

Toyota, Aurora Test-Drive Autonomous Ride-Hailing Fleet In Texas
Mar 28, 2022 11:34 PM
Toyota's Sienna minivans, retrofitted with Aurora's self-driving system, will be tested on highways and suburban streets in the Dallas-Fort-Worth area, with the operation including trips enroute to an airport.

India Leans Toward Continued Import Of Russian Coking Coal - Report
Mar 28, 2022 11:29 PM
India set to receive atleast 1.06 million tonnes of coal from Russia this month

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