Auto Industry News

Refiners processed 4.50 million barrels per day (18.4 million tonnes) of crude oil in June, provisional government data showed on Friday. This compares with 4.49 million barrels per day (bpd) processed in May.

The Honda City has always set new benchmarks in the compact sedan space, and the new-gen model that was launch in 2020 is no different. However, it still faced tough competition in the market, and here are 5 cars that currently rival the Honda City in India.

The BMW Group will contact rescue organisations in Rhineland-Palatinate, North Rhine-Westphalia, and Upper Bavaria to provide targeted help where it is most needed.

Hyundai reported net profit of 1.8 trillion won ($1.57 billion) for April-June versus 227 billion won in the same period a year earlier.

Volvo Cars said the transactions, which are subject to regulatory approval, would be carried out in two steps, starting in 2022 and seen formally completed in 2023.

The use of electric cars in oil and gas giant Russia lags far behind other European capitals. But Moscow plans to install 200 electric charging stations annually starting this year, said Maxim Liksutov, head of the city's transport department.

BMW said on Tuesday nearly all its German plants were affected by an ongoing shortage of semiconductors that are currently preventing the luxury carmaker from completing around 10,000 cars.

Audi India has reaffirmed introducing more models in our market both at top-end and entry-level, despite prices going up in the last couple of years which impacted the entry-level luxury segment to quite an extent.