Auto Industry News

Bajaj Auto reported a bigger-than-expected rise in second-quarter profit.

The Xpeng X2 is a two-seater electric vertical take-off and landing (eVTOL) aircraft that is lifted by eight propellers - two at each corner of the vehicle.

Musk asked Twitter users to weigh in on a plan to end Russia's war in Ukraine that drew immediate condemnation from Ukrainians, including President Volodymyr Zelenskiy, who responded with his own poll.

The OPEC+ organization's decision this week to cut oil production despite stiff U.S. opposition has further strained already tense relations between President Joe Biden's White House and Saudi Arabia's royal family, once one of Washington's staunchest Middle East allies.

JLR wholesale volumes - excluding its joint venture in China - were 75,307 for the second quarter down from the expected wholesales volumes of around 90,000

Stellantis signed a non-binding preliminary agreement with GME Resources to secure supplies of nickel and cobalt sulphate used in its EV batteries

U.S. stocks tumbled after a stronger-than-expected jobs report locked in expectations that the Federal Reserve is sticking with a steady diet of rate hikes, while supply cuts continued to boost oil prices.

Karnataka has asked cab aggregators Uber, SoftBank-backed Ola and Rapido to stop three-wheeler services in Bengaluru.