Auto Industry News

Honda Motor Co's U.S. unit said on Monday it is targeting initial annual sales of 70,000 for its planned electric Prologue sport utility vehicle when it goes to market in 2024.

Renault India is offering benefits up to Rs. 80,000 on its entire model line-up this month. These benefits include cash discounts, exchange bonuses and corporate discounts.

The company said it plans to produce a new version of the Citroen C3, positioned as a city car in Europe, in India and Latin America for launch in the second half of 2022.

In a sign of Iveco's ambitions, the truckmaker on Wednesday signed a memorandum of understanding under which it and partner Nikola will test and deliver up to 25 vehicles to the port of Hamburg, one of Europe's largest.

For the week, Brent was up 3.3% and U.S. crude was up 3.2%, supported by tight supplies due to the hurricane outages.

During a two-day visit, Union Minister Nitin Gadkari personally reviewed the progress of work carried out on the upcoming Delhi-Mumbai Expressway (DME). The transport minister also carried out a speed test run on the expressway in the Kia Carnival.

Diesel sales by the country's state fuel retailers came in at 2.1 million tonnes during Sept. 1-15, a decline of about 1.5% from last year and down 6.8% from the same period in 2019, the data showed.

All relevant companies should establish data security management systems and regularly assess risks from network attacks, the Ministry of Industry and Information Technology said in a statement.