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Auto · 26 Apr 2022
Brookfield To Buy Automotive Software Maker CDK Global For $6.41 Billion
Brookfield Business Partners is buying CDK Global Inc for $6.41 billion in cash, taking private the last major publicly traded provider of software to auto dealers and manufacturers.
Auto · 26 Apr 2022
Palladium Falls Nearly 13% On Worries Over China Demand Hit
Palladium, used in vehicle exhausts to curb emissions, has retreated nearly 40% since hitting an all-time high in early March
Auto · 26 Apr 2022
Honda Developing Three New Electric Vehicle Platforms By 2030 – Report
Honda has said it plans to build two million electric vehicles globally by 2030, including the mid-size models being developed with GM.
Auto · 26 Apr 2022
Tesla Should Not Import Cars From China For Domestic Sale: Nitin Gadkari
Union Minister for Road Transport and Highways, Nitin Gadkari, has said that Tesla Inc is welcome to set up shop in India, make cars there for sale and…
Auto · 26 Apr 2022
EV Parts Maker Schaeffler Signs First Of A Kind European Rare Earth Deal
Schaeffler has agreed a five-year deal with Norway-based REEtec to supply rare earth oxides from 2024.
Auto · 26 Apr 2022
HOP Electric Mobility Expands Network To Over 100 Experience Centres
HOP Electric is planning to launch a high-speed electric bike, as well as a high-speed electric scooter.
Auto · 26 Apr 2022
Robotaxi Startup Pony.Ai Gains Taxi License In China City
Self-driving tech company Pony.ai has obtained a taxi license in China, which will allow some of its driverless vehicles to start charging fares. The company said it was…
Auto · 26 Apr 2022
Japan Aims For 20% Share Of Global Battery Market By 2030
Japan aims to achieve the 20 per cent market share by boosting global output capacity at Japanese companies nearly 10-fold to 600 gigawatt hours (GWh), the industry ministry…
Auto · 26 Apr 2022
Indian Shares End Higher; Reliance, Auto Stocks Jump
The NSE Nifty 50 index closed 1.05% higher at 17,136.55 and the S&P BSE Sensex was up 1.02% at 57,037.50 following a sharp selloff late on Tuesday, after…
Auto · 26 Apr 2022
Brazil’s Tupy Set To Buy Traton-Owned Motor Maker MWM, Shares Soar
Brazilian auto parts company Tupy SA has signed a deal to buy motor maker MWM, formally known as International Industria Automotiva da America do Sul, Tupy said on…