Auto Industry News

HPCL shut the 150,000 bpd Mumbai refinery from April 1 for maintenance and capacity expansion. It has started one crude unit post maintenance and the second unit, which is being revamped to add 40,000 bpd, is in pre-commissioning stage

The deal follows that of rival Xpeng Inc, which raised $1.8 billion in its dual primary listing in late June.

Images of the upcoming Honda Amaze facelift have surfaced online, giving us an early look at the car ahead of its official launch.

The Korean carmaker manged to clock 2 lakh sales milestone in just one year since it started operations and within two years has sold over 3 lakh units in our market, courtesy increasing demands for the Kia Seltos and Sonet which have been a blockbuster hit in our market.

Biden will deliver remarks at 3 p.m. EDT (1900 GMT) on Thursday on the steps his administration is taking to strengthen American leadership on clean cars and trucks, the White House said. It did not say who would attend the event.

The Border Road Organisation (BRO) has built the world's highest road at Umlingla Pass in eastern Ladakh at an altitude of 19,300 feet.

Uber Technologies Inc on Wednesday reported widening losses as it spent more to entice drivers to return to its platform, sending shares of the ride-hail and food delivery company down in after-hours trade.

In a joint news conference, Foxconn and Macronix said the sale of the 6-inch wafer fabrication plant (fab) in Taiwan's chip-making hub of Hsinchu will be finalised by the end of this year. The plant is not currently in operation.