Auto Industry
car&bike Team
Mar 28, 2022, 3:20 PM
The situation adds to market worries about the ripple effect of heavy sanctions on Russia, the world's second-largest crude exporter, after its invasion of Ukraine.
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car&bike Team | Mar 28, 2022Indian Oil Buys 3 Million Barrels Of Urals For May Loading - Trade SourcesUrals crude has been purchased from trader Vitol on a delivered basis at a "discount", they said.1 min read
car&bike Team | Mar 28, 2022Indian Refiners Hike Crude Processing In February To Meet Demand RiseIndia's fuel consumption had its biggest year-on-year jump since August 2021, up 5.4% in February compared with the same month in 2021.1 min read
car&bike Team | Mar 28, 2022Volvo Cars Cuts 2022 Sales Volume Forecast Due To Chip ShortageVolvo Cars said on Tuesday that a shortage of semi-conductors was hitting production and would likely to continue through the second quarter, forcing it to cut its forecast for vehicle deliveries for the full year.1 min read
car&bike Team | Mar 28, 2022Japan's Suzuki, SkyDrive Sign Deal To Develop, Market 'Flying Cars'Japanese automaker Suzuki Motor Corp and 'flying car' firm SkyDrive Inc said they have signed a deal to team up in research, development and marketing of electric, vertical takeoff and landing aircraft.1 min read
car&bike Team | Mar 28, 2022Petrol, Diesel Prices Hiked By Up To Rs. 4.10 Per Litre In One WeekMondays price revision saw petrol prices climb by 30 paise and diesel by 35 paise.1 min read
car&bike Team | Mar 28, 2022'Humble And Hidden' Auto Suppliers Driving The EV RevolutionThe shift to electric cars may pose an existential threat to suppliers of combustion engines but for auto parts firms such as TE Connectivity the challenge is keeping up with demand.1 min read
car&bike Team | Mar 27, 2022Elon Musk Giving 'Serious Thought' To Build A New Social Media PlatformTesla Inc Chief Executive Officer Elon Musk is giving "serious thought" to building a new social media platform, the billionaire said in a tweet on Saturday.1 min read
car&bike Team | Mar 27, 2022BP To Infuse 1 Billion Pounds In British EV Charging Over Next 10 yearsOil major BP PLC said on Friday it plans to invest 1 billion pounds ($1.32 billion) in electric vehicle charging in the United Kingdom over the next decade1 min read
