Coronavirus Lockdown
car&bike Team
Aug 19, 2021, 10:35 PM
Volkswagen may need to cut production further due to a semiconductor supply crunch, the German carmaker said on Thursday, after a report that Toyota would slash output by 40% in September.
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car&bike Team | Aug 11, 2021Chip Shortage Prompts Production Halt At Volvo Cars In GothenburgVolvo Cars, owned by China's Geely Holding, will temporarily stop production at its Swedish plant in Gothenburg due to the shortage of semiconductor chips.1 min read
car&bike Team | Aug 11, 2021Gulf Oil India Launches Major Drive To Vaccinate 10,000 Truck Drivers Across The CountryGulf Oil India has launched a new campaign, pledging to vaccinate more than 10,000 truckers across the country against COVID-19.1 min read
car&bike Team | Aug 5, 2021Uber Posts $509 Million Adjusted Loss On Driver Incentives Even As Trips RiseUber Technologies Inc on Wednesday reported widening losses as it spent more to entice drivers to return to its platform, sending shares of the ride-hail and food delivery company down in after-hours trade.1 min read
car&bike Team | Aug 4, 2021General Motors Swings To Profit, Raises Full-Year OutlookGeneral Motors Co on Wednesday swung to a second-quarter profit from a loss last year when the COVID-19 pandemic shut operations and raised its full-year forecast despite an $800 million hit from the recalls of the Chevrolet Bolt electric vehicle.1 min read
car&bike Team | Aug 4, 2021Toyota, Honda Beat Profit Estimates But Are Wary Of Extended Chip CrunchToyota Motor Corp posted a record quarterly profit on Wednesday and Honda Motor Co raised its annual profit estimate as pandemic-hit sales rebounded, but the automakers saw no end in sight to the global chip shortage.1 min read
Seshan Vijayraghvan | Jul 27, 2021Daimler India Begins Vaccinating Truck Drivers At Its Tamil Nadu PlantDaimler India Commercial Vehicle, which opened the on-site vaccination centre at its plant in May 2021, has now is offering free COVID-19 vaccines to truck drivers of all brands, and over 60 drivers were vaccinated on the first day.1 min read
car&bike Team | Jul 27, 2021Oil Edges Higher As Tight Supply Outweighs Virus SpreadOil prices edged higher on Tuesday as investors bet that tight supply and rising vaccination rates will help to offset any impact on demand from surging COVID-19 cases worldwide.1 min read
Sameer Contractor | Jun 27, 2021BharatBenz Introduces 'BSafe' Features On Bus Range To Prevent COVID-19 InfectionThe BharatBenz buses will get hands-free doors, sanitisers, and temperature sensors, which the company says will help revive the demand for passenger buses.1 min read
