Latest News
U.S. Urges Caution On Low-Quoted Russian Oil Prices As EU Debates Price Cap
The Biden administration broke its silence on European Union deliberations over a $65-70 per barrel Russian oil price cap, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution.
Tesla Launches EVs In Thailand Amid Competition From Cheaper Brands
Dec 11, 2022 06:58 PM
Tesla launched two EVs in Thailand, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers.
India's Retail Vehicle Sales Jumps 26% In November - FADA
Dec 11, 2022 06:50 PM
The festive and wedding season in India helped boost the country's total retail vehicles sales by 26% in November from a year ago.
Hyundai, SK To Build New Battery Plant In Georgia
Dec 11, 2022 06:36 PM
Hyundai and SK will build a new battery manufacturing plant in the U.S. state of Georgia to supply the Korean automaker's U.S. assembly plants.
South Korean Truckers' Strike Cost $1.2 Billion In Lost Shipments
Dec 11, 2022 06:24 PM
A strike by South Korean truckers is estimated to have cost 1.6 trillion won ($1.23 billion) in lost shipments.
Oil Settles Up $2 On Tighter Supply; OPEC+ Talks Limit Gains
Dec 11, 2022 03:42 PM
Oil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.

OPEC+ Switch To Virtual Meeting Signals Policy Roll-Over Ahead Of Russian Oil Price Cap - Report
Dec 11, 2022 03:33 PM
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change.

BMW XM Launched In India; Prices Begin From Rs. 2.60 Crore
Dec 12, 2022 08:19 PM
The BMW XM retains the same design as the concept with split headlamps flanking a prominent BMW kidney grille. The side profile too is unchanged.

2023 BMW M340i Launched In India; Priced At Rs. 69.20 Lakh
Dec 11, 2022 06:02 PM
The BMW M340i facelift comes with quite a few styling updates, a revamped cabin, more tech and creature comforts, and a mild-hybrid powertrain.
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