Auto Industry News

In October 2022, Nissan's total sales stood at 10,011 units, which includes domestic wholesales of 3061 units and export sales of 6950 units.

Maruti Suzuki, India’s largest carmaker by sales, reported a growth of 19 per cent in its overall sales for October 2022.

From January to September 2022, the company had sold 19,500 units of the Kushaq and 15,400 units of the Slavia in the country.

Saietta VNA will be setting up a new manufacturing facility in Delhi to begin volume production of a range of radial- and axial-flux electric motors for e-two-wheeler and e-three-wheeler applications.

MG Motor India said that it has sold 784 units of the ZS EV in October 2022, which is an all-time high for the company ever since it was launched in 2020.

The first Range Rover vehicles with this advanced technology will be available from 2024, and the new all-electric Jaguar brand in 2025.

The view from the Organization of the Petroleum Exporting Countries, in its 2022 World Oil Outlook, contrasts with that of other forecasters which see oil demand reaching a plateau before 2030 due to the rise of renewable energy and electric cars.   

Oil prices fell on Monday after weaker than expected factory activity data out of China and on concerns that the country's widening COVID-19 curbs will curtail demand.