Auto Industry News

The new logo, the 10th in the firm’s 103-year history is inspired by the original “deux chevrons” logo from 1919.

Tata Motors said that the model had been undergoing trials with customers since its debut in May with series production having commenced in September

Volvo Cars India expects at least a third of its volumes to come from the used car business. The company sells used cars through a separate vertical called ‘Volvo Selekt’ which is present at two dealerships in India.

Oil prices fell about 1% to a near two-week low in volatile trade after the U.S. Federal Reserve delivered another hefty rate hike to quell inflation that could reduce economic activity and demand for oil.

Oleg Ustenko criticized updated European Union guidance on sanctions on Russian coal shipments that he said could enable companies to transport Russian coal to third countries, which was not in the original spirit of the deal.

Democratic and Republican senators proposed that U.S. President Joe Biden's administration use secondary sanctions on international banks to strengthen a price cap G7 countries plan to impose on Russian oil over Moscow's invasion of Ukraine.

Vianode will invest 2 billion Norwegian crowns in building a large-scale plant for sustainable battery materials in Norway.

Indian refiners are set to skip purchases of Russia ESPO crude oil this month due to higher freight rates.