Auto Industry News

Eicher Motors Ltd fell short of analysts' estimates for quarterly profit on Thursday, as costs jumped 50% at the Royal Enfield motorcycle maker.

Egyptian officials have said their priority was to provide a conducive atmosphere for negotiations and act as a neutral mediator. The presidency denied that fossil fuel producers had been given sympathetic treatment.

Tesla is considering exporting made-in-China electric cars to the United States.

Standalone net profit from continuing operations fell 32.4% to 1.24 billion rupees ($15.14 million) for the three months ended Sept. 30, from 1.83 billion rupees a year earlier, MRF said in an exchange filing.

U.S. crude in storage jumped by 3.9 million barrels last week to 440.8 million barrels as oil production increased to about 12.1 million barrels a day

Mahindra will be inspecting the rubber bellow inside bell housing on a batch of 6618 units of Scorpio-N and a batch of 12,566 units of XUV700. The recall is only for the manual transmission models manufactured between July 1 and November 11, 2022.

Indian Oil Corp has offered one diesel cargo to be loaded in early December

The market gave up early gains after Hungarian Foreign Minister Peter Szijjarto said that flows through the Druzhba oil pipeline from Russia had resumed following a brief outage.