Auto News

01 Aug Tata Motors reports total sales of 71,996 units in July 2024

Posted at 12:30h in Automobile News by oilandgaspress 0 Comments

Tata Motors Limited sales in the domestic & international market for July 2024 stood at 71,996 vehicles, compared to 80,633 units during July 2023. Domestic Sales Performance: CategoryJuly 2024July 2023% change(Y-o-Y)Total Domestic Sales70,16178,844-11% Commercial Vehicles: CategoryJuly 2024July 2023Growth(Y-o-Y)HCV Trucks6,4938,502-24%ILMCV Trucks4,3414,899-11%Passenger Carriers4,4244,2923%SCV cargo and pickup10,17813,523-25%CV Domestic25,43631,216-19%CV IB1,6061,728-7%Total CV27,04232,944-18% Domestic sale of...

01 Aug Demerger of CV business undertaking of Tata Motors Ltd into a separate listed company

Posted at 12:27h in Automobile News by oilandgaspress 0 Comments

The Board of Directors of Tata Motors Limited (TML), today, has approved a Composite Scheme of Arrangement amongst TML, TML Commercial Vehicles Limited (TMLCV), Tata Motors Passenger Vehicles Limited (TMPV) and their respective shareholders under Sections 230-232 and other applicable provisions of the Companies Act,...

01 Aug Transocean Ltd. Reports Second Quarter 2024 Results

Posted at 11:57h in Press Releases by oilandgaspress 0 Comments

Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $123 million, $0.15 per diluted share, for the three months ended June 30, 2024. Second quarter results included certain favorable and unfavorable items, that were offsetting Three months ended Three months ended June 30, March 31, sequential June 30, year-over-year 2024 2024 change 2023 change(In millions, except per share amounts, percentages...

01 Aug $531 Million Ultra-Deepwater Drillship Contract

Posted at 11:54h in Press Releases by oilandgaspress 0 Comments

Transocean Ltd. announced a 1,095-day contract for the Deepwater Invictus with bp in the US Gulf of Mexico. The program is expected to begin in the first quarter of 2025 and is estimated to contribute approximately $531 million in backlog, excluding additional services and a mobilization...

01 Aug NIO Inc. Provides July 2024 Delivery Update

Posted at 11:00h in Automobile News by oilandgaspress 0 Comments

NIO Inc., a pioneer and a leading company in the premium smart electric vehicle market, today announced its July 2024 delivery results. NIO delivered 20,498 vehicles in July 2024. The deliveries consisted of 11,964 premium smart electric SUVs, and 8,534 premium smart electric sedans. Cumulative deliveries...

01 Aug Hyundai Strengthens U.S. Marketing Team

Posted at 10:31h in Automobile News by oilandgaspress 0 Comments

London, August 01, 2024, (Oilandgaspress) –– Aimed at leading the industry with data-driven marketing solutions and breakthrough creative strategy, Hyundai Motor America has restructured its marketing department creating two new divisions: marketing creative and marketing performance.Effective August 1, Angela Zepeda will lead the marketing creative...

01 Aug bp proceeds with sixth operated hub, Kaskida, in the US Gulf of Mexico

Posted at 10:24h in Press Releases by oilandgaspress 0 Comments

London, August 01, 2024, (Oilandgaspress) –– bp has taken a final investment decision on the Kaskida project in the US Gulf of Mexico. This demonstrates bp’s long-term commitment to deliver secure, affordable and reliable energy. Kaskida will be bp’s sixth hub in the Gulf of Mexico,...

01 Aug Italian Post office fleet to run on Enilive biofuels

Posted at 10:18h in Renewables by oilandgaspress 0 Comments

Poste Italiane's ground and air fleet will run on biofuels supplied by Enilive, Eni's company dedicated to mobility services and products. This will accelerate Poste Italiane’s progress towards achieving its energy transition and carbon neutrality goals set for 2030. Giuseppe Lasco, General Manager of Poste...

01 Aug Shell plc announce second quarter 2024 results

Posted at 10:13h in Press Releases by oilandgaspress 0 Comments

London, August 01, 2024, (Oilandgaspress) –– Shell plc released its second quarter results and second quarter interim dividend announcement for 2024. The Board of Shell plc. announced an interim dividend in respect of the second quarter of 2024 of US$ 0.344 per ordinary share."Shell delivered another...

01 Aug Oil price rises as Middle East conflict escalates

Posted at 09:59h in Views by oilandgaspress 0 Comments

London, August 01, 2024, (Oilandgaspress) –– Oil prices rose on Thursday, after news of the killing of a Hamas leader in Iran raised the threat of a wider Middle East conflict and concern over its impact on oil. Hamas leader Ismail Haniyeh was killed in...

01 Aug Nissan and Honda agree to joint research for next-generation SDV platform

Posted at 09:24h in Automobile News by oilandgaspress 0 Comments

Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. today announced that the two companies have agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs). This agreement is based on the memorandum of understanding (MOU)...

01 Aug Nissan, Honda and Mitsubishi Motors sign MOU on strategic partnership

Posted at 09:18h in Automobile News, Views by oilandgaspress 0 Comments

Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation announced today that the three companies have signed a memorandum of understanding to jointly discuss a framework for further intelligence and electrification of automobiles based on the agreement signed by Nissan and Honda...