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Oil Prices Plunge As Omicron's Rapid Spread Dims Fuel Demand Outlook
Oil Prices Plunge As Omicron's Rapid Spread Dims Fuel Demand Outlook
Calender
Dec 31, 2021 05:26 PM
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1 mins read
Oil prices slumped after cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries that new restrictions to combat its spread could dent fuel demand.
Czech Car Sector To Make 250,000 Fewer Vehicles This Year Due To Chip Shortage
Czech Car Sector To Make 250,000 Fewer Vehicles This Year Due To Chip Shortage
calender
Oct 18, 2021 04:04 PM
Czech car makers will produce quarter a million fewer cars than expected this year due to the global shortage of chips and the automotive sector will lose 200 billion crowns ($9.14 billion) in sales, the Auto Industry Association (AutoSAP) said.
TSMC And Sony Considering Joint Chip Factory, Japan Government To Help: Report
TSMC And Sony Considering Joint Chip Factory, Japan Government To Help: Report
calender
Oct 12, 2021 05:20 PM
Taiwan's TSMC and Japan's Sony Group Corp are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of about 800 billion yen ($7.15 billion).
Geneva Motor Show Cancelled For The Third Time
Geneva Motor Show Cancelled For The Third Time
calender
Oct 8, 2021 05:08 PM
The organiser of the Geneva International Motor Show (GIMS) have announced that the 2022 edition of the show will be cancelled, due to issues relating to the COVID-19 pandemic. The motor show has been cancelled for the third time.
Mercedes-Benz India Helps Set Up Oxygen Plant At Pune's Seth Tarachand Hospital
Mercedes-Benz India Helps Set Up Oxygen Plant At Pune's Seth Tarachand Hospital
calender
Sep 20, 2021 08:41 PM
Mercedes-Benz India, in collaboration with the Bharat Vikas Parishad (BVP) to set up an oxygen plant at the Seth Tarachand Hospital, in Pune, Maharashtra. The new oxygen plant will come with a capacity of 280 litres/minute and is expected to support at least 200 beds at the hospital.
India's CV Industry Is Recovering From The Pandemic, But Real Growth Is Still Far Away
India's CV Industry Is Recovering From The Pandemic, But Real Growth Is Still Far Away
calender
Sep 17, 2021 06:46 AM
The commercial vehicle space was one of the more badly affected segments due to the COVID-19 pandemic, however, with the gradual reopening of the economies the CV industry too started to recover. However experts believe real growth is still a bit far away.
Tesla's China Output Was Halted For Days In August Due To Chip Shortage: Report
Tesla's China Output Was Halted For Days In August Due To Chip Shortage: Report
calender
Sep 2, 2021 11:39 PM
Tesla Inc temporarily halted some operations at its Shanghai factory last month as the global shortage of semiconductors hit the electric car maker, Bloomberg News reported on Thursday, citing people familiar with the matter.
Maruti Suzuki Expects 60% Drop In September Production Due To Chip Shortage
Maruti Suzuki Expects 60% Drop In September Production Due To Chip Shortage
calender
Aug 31, 2021 10:40 PM
India's top car maker Maruti Suzuki expects production at its plants in the states of Haryana and Gujarat to be impacted in September due to a shortage of semiconductors, it said on Tuesday.
Force Motors Supplies 200 Trax Toofan To The Revenue And Forest Department Of Maharashtra
Force Motors Supplies 200 Trax Toofan To The Revenue And Forest Department Of Maharashtra
calender
Aug 23, 2021 10:09 PM
Home-grown utility vehicle manufacture, Force Motors, has announced delivering 200 units of its multi-utility vehicle, the Trax Toofan, to the Revenue and Forest department of Maharashtra.