The legislation is part of the EU’s main climate action package, called “Fit for 55”, which aims to reduce greenhouse gas emissions by at least 55 per cent by 2030 compared to 1990 levels. European Union (EU) member states have adopted five new laws that will enable the bloc to cut greenhouse gas emissions within… Continue reading EU adopts 2030 climate targets on carbon emissions
Category: Automotive
ONGC plans to invest INR 1 lakh crore by 2030 to boost capacity
ONGC’s plans are likely to be implemented by its subsidiary Mangalore Refinery and Petrochemicals Ltd (MRPL) and its joint venture ONGC Petro additions Ltd (OPaL), people cited above said. Oil and Natural Gas Corp (ONGC) is planning to invest INR 1 lakh crore by 2030 to expand its petrochemicals manufacturing capacity, which will include new… Continue reading ONGC plans to invest INR 1 lakh crore by 2030 to boost capacity
Cut in prices is not enough to pull the market towards CNG vehicles
CNG hose Chennai: The recent reduction in the prices is not enough to pull the demand towards compressed natural gas (CNG) powered vehicles, said a senior official of Mahindra & Mahindra Ltd. Speaking to reporters here, Dr Venkat Srinivas, Senior Vice President, Product Development said the reduction in CNG prices is helping a bit but… Continue reading Cut in prices is not enough to pull the market towards CNG vehicles
Government proposes 30 documents as proof of identity for DL and vehicle registration
The aim is to offer more options for documents to get DLs and RCs while Aadhaar, voter ID and passport remain the most preferred options to establish proof of age, birth and identity. Soon, you will be able to get a driving licence or get your vehicle registered by submitting documents other than Aadhaar, voter… Continue reading Government proposes 30 documents as proof of identity for DL and vehicle registration
Rupee headed lower as risk aversion props up safe haven dollar
The dollar index rose half a percent on Tuesday and safe-haven demand fuelled a near 20-basis point (bps) decline in the two-year U.S. yield. The Indian rupee is expected to decline on Wednesday as worries over the U.S. banking sector reappeared, prompting a slide in U.S. equities and boosting the U.S. dollar. Non-deliverable forwards indicate… Continue reading Rupee headed lower as risk aversion props up safe haven dollar
German Handelsblatt: Commercial vehicle manufacturer: Truck manufacturer Daimler Truck reports billions in profit in quarter 006781
Daimler trucks The company, which is listed on the Dax, intends to present the full quarterly figures on May 9th. (Photo: dpa) The truck group Daimler Truck performed significantly better in the first quarter than expected by analysts. The adjusted operating result (EBIT) from January to March was 1.16 billion euros, analysts had expected an… Continue reading German Handelsblatt: Commercial vehicle manufacturer: Truck manufacturer Daimler Truck reports billions in profit in quarter 006781
German Handelsblatt: Commercial vehicle manufacturer: Truck manufacturer Daimler Truck reports billions in profit in quarter 006781
Daimler trucks The company, which is listed on the Dax, intends to present the full quarterly figures on May 9th. (Photo: dpa) The truck group Daimler Truck performed significantly better in the first quarter than expected by analysts. The adjusted operating result (EBIT) from January to March was 1.16 billion euros, analysts had expected an… Continue reading German Handelsblatt: Commercial vehicle manufacturer: Truck manufacturer Daimler Truck reports billions in profit in quarter 006781
New McLaren 750S replaces 720S in supercar line-up
The next chapter in McLaren’s supercar legacy has been revealed with the debut of the new 750S, the successor to the firm’s 720S that will sit at the very centre of McLaren’s supercar range. Available as both a coupe and open-top Spider from launch, the 750S is very much an evolution for the brand, retaining… Continue reading New McLaren 750S replaces 720S in supercar line-up
@VW Group: Škoda provides first glimpse of the new Superb Combi estate, Superb hatchback and Kodiaq generations007063
„The Superb and the Kodiaq are two important cornerstones of the Škoda model range, which is why it’s so special for us to introduce the new generations of both model series this autumn. The Superb is the flagship of our ICE portfolio and will continue to set standards in terms of comfort and space in… Continue reading @VW Group: Škoda provides first glimpse of the new Superb Combi estate, Superb hatchback and Kodiaq generations007063
@VW Group: Backspin and Porsche celebrate five years of Back to Tape007067
12/04/2023 In a joint content series, music journalist Niko Backspin explores the roots of hip-hop culture together with Porsche. Five years after the first installment, the cooperation continues, with the release of Back to Tape 3 on 11 August. On 12 April, 2018, more than 300 invited guests gathered at Stuttgart’s Schräglage nightclub, including regional… Continue reading @VW Group: Backspin and Porsche celebrate five years of Back to Tape007067