Auto Industry News

To reduce fuel consumption and emissions, Maruti is pushing sales of cars that operate on compressed natural gas (CNG), and is also investing in hybrid technology, Bhargava said, adding that "the use of hydrogen is also an interesting alternative".

Tata Motors has dropped the first teaser video for its upcoming micro SUV. It gives us a glimpse of the model's upfront design, which is likely to be carry forwarded from the concept car that was showcased at the Auto Expo 2020.

In Mumbai, petrol prices stand at Rs. 107.66 per litre after seeing a drop of 17 paise, while diesel rates fell 20 paise to Rs. 96.64 per litre. Delhi saw a 20 paise drop in both petrol and diesel prices standing at Rs. 101.64 per litre and Rs. 89.07 per litre, respectively.

After being forced to close plants last year as the pandemic took hold, carmakers are now facing stiff competition from the sprawling consumer electronics industry for chip deliveries amid global supply chain disruption.

Evergrande has been struggling to raise funds to pay its debts after Beijing stepped up curbs on the real estate sector to contain the risks of a bubble.

The combination of HELLA and Faurecia will create a global technology leader covering both a broad customer portfolio and significant future trends in the automotive sector.

The issue has taken on a strongly diplomatic hue as Taiwan scrambles to reassure the United States, its most important international supporter and arms supplier, that it is doing all it can, especially at a time when Taipei is facing increased military pressure from China, which views Taiwan as its own.

While the Delta variant drags on fuel demand, supply is steadily increasing. U.S. production rose to 11.4 million barrels per day in the most recent week, and drilling firms added rigs for the third week in a row, services company Baker Hughes said.