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Auto · 16 Apr 2022
Automakers Accelerate Drive To Secure Battery Raw Materials
A spike in demand for electric vehicles (EV) in the global markets is encouraging automakers such Tesla Inc, Volkswagen and Stellantis NV to secure raw materials needed for…
Auto · 16 Apr 2022
Honda To Spend $64 Billion On R&D As It Revs Up Electric Ambitions
Japan's Honda Motor Co Ltd plans to spend $64 billion on research and development over the next decade, the company said on Tuesday, laying out an ambitious target…
Auto · 16 Apr 2022
Some Banks Stop Credit For Oil Imports By Rosneft-Owned India Refiner Nayara – Report
HDFC Bank and some foreign banks have stopped offering trade credit for oil imports to Nayara Energy, a Russian-backed refiner, and some suppliers are seeking payment upfront to…
Auto · 16 Apr 2022
Indian Oil Corporation Buys 7 Million Barrels Of Crude Via Tenders – Report
Indian Oil Corp, the country's top refiner, has purchased a total of 7 million barrels of crude via tenders for May and June loading
Auto · 15 Apr 2022
Goldman Sachs, Morgan Stanley To Lead Intel’s Mobileye IPO – Report
The stock market flotation could value Mobileye at as much as $50 billion.
Auto · 15 Apr 2022
BMW CEO Warns Against Electric-Only Strategy
BMW CEO Oliver Zipse said that there is still a market for combustion engine cars and that manufacturers should not focus solely on EV technology.
Auto · 15 Apr 2022
Toyota GR Supra Will Get A Manual Gearbox Soon
Toyota has confirmed the new GR Supra will be available with a manual gearbox with the model expected to debut in the coming months
Auto · 15 Apr 2022
2022 BMW F 850 GS And F 850 GS Adventure Launched In India; Prices Start At Rs. 12.50 Lakh
First launched almost 3 years ago, the BMW Motorrad's 850 twins have received an update for the Indian market, with a BS6 compliant engine that gets more power,…
Auto · 15 Apr 2022
Nissan Acquires e.dams Formula E Race Team
Nissan to continue racing the Le Mans-based team in the sport for the current season with the brand also committed to racing for the next three seasons.
Auto · 15 Apr 2022
India’s Mandatory Airbag Proposal Will Hurt Sales, Says Maruti Chairman RC Bhargava
Maruti Suzuki India's Chairman, R.C. Bhargava has said that the Government of India's plan to make six airbags mandatory in passenger vehicles will make cars more expensive and…