Auto Industry
Shubham Parashar
Dec 8, 2021, 12:41 AM
The company has cited continued rise in the cost of commodities & ocean freight costs as the reason that has necessitated this price increase of the vehicle.
1 Min
car&bike Team | Dec 7, 2021Delhi To Get 8 More Automated Driving Test Tracks To Reduce Waiting PeriodDelhi's transport department has floated tenders for the construction of new automated test tracks at eight new locations across the city, The test tracks will come up at eight different educational institutions.1 min read
Seshan Vijayraghvan | Dec 7, 2021Tata Motors To Increase Commercial Vehicle Prices By 2.5% From January 1, 2022Tata Motors will increase prices of its entire commercial vehicle range from January 1, 2022. The company has said that the price hike will be in the range of 2.5 per cent, and the revised prices will come into effect across all segments, basis individual models and variants of the vehicle.1 min read
Seshan Vijayraghvan | Dec 7, 2021Government Has Supported 1.65 lakhs EVs Under FAME II Scheme; Over 2,800 Charging Stations Have Been SanctionedUnder the Phase II of the FAME India scheme, the government has supported about 1.65 lakh electric vehicles, by way of Demand Incentive amounting to about Rs. 564.00 crore. The ministry says that it has also sanctioned 2,877 charging stations, amounting to Rs. 500 crore.1 min read
Shubham Parashar | Dec 7, 2021Auto Sales November 2021: Sonalika Tractors Records 8.98 Per Cent Sales DeclineSonalika has clocked highest ever November overall estimated market share of 16 per cent which a again of 1.4 per cent in its market share.1 min read
car&bike Team | Dec 6, 2021Tarun Mehta Says 'Stupid Market' On Ather Energy's ValuationsAther Energy Co-founder & CEO Tarun Mehta used strong words on social media, in response to a query about his company's market valuation compared to Ola Electric.1 min read
Charanpreet Singh | Dec 6, 2021Zoho CEO Buys Mahindra Treo e-Auto; Suggests Some Improvements To Anand MahindraIn a series of tweets, Zoho CEO Sridhar Vembu praised the Mahindra Treo electric three-wheeler and suggested a few improvements to Anand Mahindra.1 min read
Reuters | Dec 5, 2021Oil Ends Higher After A Day Of Wild Swings On OPEC, OmicronThe market sold off dramatically after the Organization of the Petroleum Exporting Countries and its allies known as OPEC+ issued a bit of a surprise by sticking to plans to boost output monthly by 400,000 barrels per day.1 min read
Reuters | Dec 5, 2021OPEC+ Agrees On Planned January Oil Output Rise, Sources SayOPEC+ has agreed to go ahead with its planned January oil output rise of 400,000 barrels per day.1 min read
