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Auto · 27 Oct 2022
Oil Prices Settle Up; China Demand Hopes Outweigh Recession Worry
Traders were squaring up positions ahead of the weekend after the WTI’s November contract expiry, increasing volatility.
Auto · 27 Oct 2022
Tesla Cars Will Not Be Approved As Fully Self Driving This Year, Musk Says
Tesla says the cars still need to be driven with human oversight.
Auto · 27 Oct 2022
Argo AI Autonomous Car Startup, Backed By VW & Ford, Shuts Down
The closure of Argo AI is indictive of a growing trend of waning faith in Autonomous Vehicles as the world nears an economic downturn.
Auto · 27 Oct 2022
Gogoro To Enter India; Announcement On November 3, 2022
Taiwanese EV and infrastructure company, Gogoro, will enter the Indian EV market, with a big announcement on November 3, 2022, to which carandbike has been invited.
Auto · 27 Oct 2022
Ford Puma EV Teased Ahead Of 2024 Debut; Underpinned By VW’s MEB Platform
The Ford Puma EV will be joined by two other Sport Utility Vehicles based on the Volkswagen Group’s MEB platform.
Auto · 27 Oct 2022
Indian Rupee Could Hit 84-85/USD By March On Trade Deficit, Oil Woes -Elara Global
Higher-than-expected jobs additions in September and an unexpected dip in the unemployment rate cemented bets of another 75 basis points Fed rate hike next month, pressuring the…
Auto · 27 Oct 2022
Rupee Poised For Another Record Low On Fed Rate, Oil Worries
<img src="” title=”Rupee Poised For Another Record Low On Fed Rate, Oil Worries” /> The rupee is expected at around a lifetime low of 82.70 per U.S. dollar,…
Auto · 27 Oct 2022
Battery Maker ACC Picks Stellantis’ Comau For Role In French Gigafactory
ACC, a joint venture of Stellantis, Mercedes Benz and TotalEnergies, has a plan worth over 7 billion euros ($6.9 billion) to build three gigafactories in France, Germany…
Auto · 27 Oct 2022
Indian EV Maker Euler Motors Expects To Ramp Up Monthly Production To 1,000 Units
Euler Motors is expecting its order book to swell to 15,000 units by the end of the financial year from over 9,000 currently, buoyed by strong demand,…
Auto · 27 Oct 2022
Oil Prices Rise 2% On Low Diesel Stocks Ahead Of Winter
Brent crude futures for December delivery rose $2.12 to $94.57 a barrel, a 2.29 per cent gain. U.S. crude rose $1.84, or 2.1 per cent, to $89.11…