Articles for 4 Wheelers

China's Passenger Car Sales Tumble 92% In First Half Of February Due To Virus Outbreak

4 Wheelers Feb 21, 2020 2 mins read

China's auto market is likely to see sales slide more than 10% in the first half of the year due to the coronavirus epidemic, and around 5% for the whole year, provided the epidemic is effectively contained.

Daimler Slims Down Mercedes Management In Efficiency Drive

4 Wheelers Feb 20, 2020 1 mins read

Daimler's Chief Financial Officer Harald Wilhelm will take over responsibility as finance chief at Mercedes-Benz AG from April 1.

Auto Registrations Fall 7% In January As Weak Buyer Sentiment Prevails: FADA

4 Wheelers Feb 20, 2020 2 mins read

Commercial vehicles too witnessed a drop of 6.89 per cent to 82,187 registrations versus 88,271 in January 2019, data released by FADA showed.

Oil Rises On Supply Worries, While Virus-Led Demand Concerns Ease

4 Wheelers Feb 20, 2020 3 mins read

Brent crude futures rose 45 cents, or 0.8%, to $59.57 a barrel by 0208 GMT. The international benchmark rose 2.4% on Wednesday.

Never Mind Electric Cars, Here's Australia's M&A Hotspot: Petrol Stations

4 Wheelers Feb 20, 2020 3 mins read

British retailer EG Group had offered A$3.9 billion ($2.59 billion) for its convenience stores, plus shares in a new listed infrastructure and refinery company made up of Caltex's remaining assets.

Renault Shares Fall After Moody's Cuts Company To 'Junk' Status

4 Wheelers Feb 19, 2020 2 mins read

Renault shares were down 2.3% to 30.2 euros ($32.71) in early trading, its lowest level since mid-2012, making it among the worst performing stocks on Paris' benchmark CAC-40 index.