Auto Industry News

As per the Memorandum of Understanding (MoU) signed between the ASDC and Hero MotoCorp, this partnership aims to train the dealership staff in an apprenticeship model.

Easing restrictions by provincial governments as coronavirus infections subside had led to an increase in auto fuel demand last month. However, heavy monsoon rains in some parts of the country caused large scale flooding in early August, reducing demand for diesel and petrol.

India, the world's third-biggest oil importer and consumer that imports over 80% of its oil needs, is mirroring a model adopted by countries such as Japan and South Korea in its commercialisation of its Strategic Petroleum Reserves (SPRs).

As part of its pledge under the 2015 Paris climate agreement India, the world's third-biggest carbon emitter after China and the United States, is supposed to reduce its carbon footprint by 33-35% from 2005 levels by 2030.

While the pandemic drags on fuel demand, supply is steadily increasing. U.S. production rose and drilling companies added rigs for the third week in a row, services company Baker Hughes said.

Fuel demand also climbed last month to its highest since April as pandemic restrictions and lockdowns were unwound in most states.

The UrbanRebel Concept mixes pure electrification, sustainability and performance with the thrilling aesthetics of the virtual world.

With new physical and digital offerings, the premium brand will enrich the customer experience and meet the growing needs and demands for the mobility of the future.