PRESS RELEASEPublished on March 1, 2023″Browse 332 market data tables and 75 figures spread over 308 pages and in-depth TOC on ‘Lube Oil Additives Market'”Lubricating Oil Additives Market by Type, Application (Engine Oil, Hydraulic Fluid, Gear Oil, Metal Working Fluid, Transmission Fluid, Grease, Compressor Oil), Sector (Automotive & Industrial) and RegionLubricating oil additives are chemical compounds that are added to the base oil to improve its lubricity. These additives are used to reduce friction and wear, improve oxidative stability, reduce foaming, and protect against corrosion and rust. The most commonly used additives are detergents, dispersants, viscosity index improvers, antioxidants and…
Author: Automotivedealernews.com
Every time Willa Johnson steps out of San Francisco’s cable car barn at the head of one of the city’s famous wooden ambassadors, in a sense it’s the story that drives the story. In the 150-year history of the city’s cable car, Johnson is only the second woman, and the second woman of color, to work as a dam. And yet Johnson doesn’t feel the weight of that history as he navigates the heavy wooden beasts up and down the city streets. “I didn’t grow up to say, ‘Hey, I want to grow up to drive a cable car,'” Johnson…
editor, The Fara: At first glance, an all-electric fleet would seem to be the solution for oil independence and the reduction of greenhouse gases. But as someone once said, the devil is in the details. The heart of an electric vehicle is the energy of a lithium-ion battery. The use of earth moving machines to extract lithium ore is extremely harmful to the environment. Large amounts of fossil fuel are consumed in the process. The largest deposits of lithium ore are in China. I don’t think the Chinese government is any more charitable to the US than the Arabs are…
Oil fell for the eighth month in nine months as fears of a U.S. economic slowdown continued to dampen market sentiment. Despite the $2 monthly drop, crude supplies are showing signs of tightening as sanctions against Russia complicate purchases for the few remaining crude buyers. Poland announced it will cut purchases of Russian oil in February and March, while Indian refiners face more onerous demands from financiers wary of sanctions default. Crude has struggled to find direction in February, trading within the smallest monthly range since July 2021. Amid pessimism about rate hikes, the back half of 2023 is expected…
NHTSA has opened an investigation to determine whether electric vehicles and hybrids dating back to 1997 should emit the same audible pedestrian warning sounds as their more recent counterparts.The federal safety agency previously approved Federal Motor Vehicle Safety Standard (FMVSS) 141, which requires all 2020 and newer electric and hybrid vehicles under 10,000 pounds to be equipped with a pedestrian warning sound.If NHTSA decides to approve a new requirement for older models, it could pose a logistical challenge, as an estimated 9.1 million vehicles could be on the recall list for an adapted pedestrian warning. Among the ways they differ…
LAHORE: Hi-Tech Lubricants on Tuesday released its half-year earnings on the Pakistan Stock Exchange (PSX), showing the company’s standalone earnings at Rs 106.5 crore and Rs 5.7 crore for Q2FY23 and HFY23, respectively. However, the company’s consolidated earnings stand at losses of Rs 89 crore and Rs 369.3 crore for Q2FY23 and HFY23, respectively. The HFY23 loss of Rs 369.3 crore is Hi-Tech Lubricants’ highest consolidated loss in the last five years, and the HFY23 unconsolidated profit of Rs 5.7 crore is the third lowest ever had the company during the same period of time. Company profile Hi-Tech Lubricants Limited…
A 20-year-old woman who was a teacher’s aide died in a car crash in Alamance County. The Alamance-Burlington school system said Emma Leigh Rowland, of Graham, was a teacher’s aide at Eastlawn Elementary School. The North Carolina Highway Patrol said Rowland died after a truck failed to stop at a stop sign. The crash happened Tuesday morning just before 7:30 a.m. on Lindley Mill Road near Moores Chapel Cemetery Road. Top StoriesHome charged with murder in downtown Winston-Salem shooting near Gatsby’s Pub5. Police say man accused of threatening to kill FBI agents in TikTok video pleads guilty. Troopers said Alex…
SOME drivers may go to shift their car only to find that their gear lever is locked. Fortunately, a driving expert has come up with a handy trick on YouTube to help you shift gears if this vital vehicle component won’t move. The shifters have a secret button that allows you to unlock your transmission when the knob is engagedCredit: YouTube/dashishuocheThe video begins with @dashishuoche filming a car’s stuck transmission button containing a dust cover. After pulling the dust cover over the shifter, we see several mechanical components. But all you have to do is press the bright yellow button…
The much-heralded Vaca Muerta shale patch may spur Argentina to export half a million barrels of crude a day in four years, if only politicians can provide clearer rules for drillers, according to Vista Energy CEO Miguel Galuccio “What we need is to create a macroeconomic and political energy framework that allows us to fully develop our resources,” Galuccio told Bloomberg TV on Monday. “That’s why I would focus on two things: currency controls and clearer domestic crude prices.” As head of Argentina’s state-owned YPF SA from 2012 to 2015, Galuccio was the architect of the first forays into Vaca…
Between 2021 and 2022, 14.8 million cars were cut from production, leading to a shortage of new cars and rising prices for both new and used vehicles. This was all due to problems in the global supply chain. Is scarcity the new normal or is there an end in sight? Automotive news outlet Automoblog recently spoke with Jennifer Strawn, executive vice president of supply chain industry leader Rand Technology to learn about the end of the automotive chip shortage. Some data they discovered was: 20% of supply chain experts believe the shortage will last beyond 2023 – relief is coming,…