Auto Industry News

Oil prices rose recouping losses from the previous session, on optimism that China could reopen from strict COVID curbs.

Lyft and driverless technology firm Motional said that residents in Los Angeles will be able to book robotaxis on the ride-hailing company's app.

The benchmark 10-year Indian government bond yield ended at 7.3957%, after rising five basis points (bps) to 7.4454% on Monday.

Autonomous delivery vehicle maker Nuro is laying off about 20% of its workforce after admitting that rapid hiring in the past year was a mistake.

President Ferdinand Marcos Jr approved removing tariffs on electric vehicles (EVs) to spur demand amid high fuel costs.

BYD will launch its cars in Mexico next year, with a sales target of up to 30,000 vehicles in 2024.

Special edition of the XUV400 is a collaboration between Pratap Bose and designer Rimzim Dadu and gets bespoke touches to the cabin.

BYD was the top-selling car brand in China in the first four weeks of November, outperforming Volkswagen.