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Auto · 24 Jun 2022
Hindustan Motors To Sell Contessa Brand
The company has initiated the process to transfer the brand to SG Corporate Mobility Ltd
Auto · 24 Jun 2022
Tesla’s Musk Feels ‘Super Bad’ About Economy, Needs To Cut 10% of Salaried Staff
A message sent to executives laid out his concerns and told them to "pause all hiring worldwide."
Auto · 24 Jun 2022
Nitin Gadkari Approves Bharat NCAP; Cars To Get Safety Rating Based On Crash Tests
Nitin Gadkari, the Minister of Road Transport and Highways has approved Bharat NCAP, which will test the crashworthiness of automobiles sold in India by giving them star ratings…
Auto · 24 Jun 2022
Thailand Approves $1 Billion Foxconn-PTT Venture For BEVs
The Horizon Plus Co project is one of several investment applications worth a total of 209.5 billion baht in manufacturing and infrastructure.
Auto · 24 Jun 2022
Jehan Daruvala Gets His First Taste Of A Formula 1 Car
Jehan Daruvala announced on June 20, 2022 that he will be testing a McLaren Formula 1 car, and 4 days later, he has tweeted pictures of him driving…
Auto · 24 Jun 2022
U.S. Pressures Iran By Targeting Chinese, UAE Companies
The United States imposed sanctions on Thursday on Chinese and Emirati companies and on a network of Iranian firms that help export Iran's petrochemicals, a step that may…
Auto · 24 Jun 2022
Electric Vehicles Could Take 33% Of Global Sales By 2028 – Report
Electric vehicle sales could reach 33% globally by 2028 and 54% by 2035, as demand accelerates in most major markets, consultant AlixPartners said.
Auto · 24 Jun 2022
Oil Prices Fall Over 2% As Fed Hikes Interest Rates
Brent crude futures for August settled down $2.7, or 2.2%, at $118.51 a barrel, having fallen as low as $117.75. U.S. West Texas Intermediate crude for July fell…
Auto · 24 Jun 2022
S.Korea Truckers Return To Work After Strike Deal; Shares Rally
South Korea's unionised truckers headed back on the roads on Wednesday after the union and the transport ministry reached a tentative late-night agreement, ending a nationwide strike that…
Auto · 24 Jun 2022
China’s Geely Launches First Nine Low-Orbit Satellites For Autonomous Cars
China's Zhejiang Geely Holding Group conducted its first successful satellite launch, sending nine into low earth orbit as it builds out a satellite network to provide more accurate…