Crude oil futures declined due to potential higher interest rates in Asia and the U.S., while decreased U.S. oil stockpiles prevented steeper price drops.
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Austria has introduced a new law allowing authorities to confiscate and sell vehicles of drivers caught significantly exceeding speed limits, even after a single offence.
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Nissan halts production at Changzhou Plant amid market optimisation efforts
by Biplab Dasby Biplab DasThe Japanese automaker announced the halt on Friday, signalling a significant move in its operational approach in China.
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Chinese and Vietnamese EV makers lead surge in Southeast Asia’s market
by Biplab Dasby Biplab DasThis surge is encroaching on the market traditionally dominated by Japanese and Korean internal combustion engine (ICE) cars, according to a recent report by Counterpoint …
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Chevron’s stock has seen a 7.8% decline since the deal’s announcement, reflecting market uncertainty.
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The top 10 countries with the most affordable gas prices include the United States, Turkey, Bulgaria, Romania, Hungary and Spain.
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Vitesco Technologies unveils new rotor lock actuator at SIA POWERTRAIN 2024
by Biplab Dasby Biplab DasThis new module for electric vehicles (EVs) combines three key functions into a single unit: park lock functionality, precise rotor position sensing, and optionally, the …
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INDUSTRY NEWSLatest News
Nikola announces 1-for-30 reverse stock split to maintain Nasdaq listing
by Biplab Dasby Biplab DasA reverse stock split allows a company to consolidate its shares, increasing the stock price by reducing the overall number of shares in circulation.
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India charts course for sustainable transport with ‘Fuels of the Future’: Deloitte
The adoption of natural gas and LPG is expected to increase in the short term, peaking around 2040.
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INDUSTRY NEWSLatest News
Tata Motors launches Fleetverse: digital marketplace for range of commercial vehicles
The platform operates through Tata Motors’ extensive pan-India dealership network, utilising a direct-to-dealer payment system.