Auto Industry News

Oil settled nearly 1% higher paring earlier gains as the market focused on Russian oil supply concerns.

Earlier this month the Delhi Traffic Police had announced that all commuters travelling in a car will have to wear seatbelts both at the front and back, and the offenders will be charged a fine of Rs. 1,000.

Additionally, the company announced its plan to manufacture and export 25,000 vehicles in FY 22-23.

Here's a quick comparison with some of its key rivals in the compact SUV segment.

Sales of electric cars in India will gather pace by 2025-26, Henrik Fisker said in an interview in New Delhi, adding that the company wants to secure a first-mover advantage.

Oil prices dipped following other risk assets lower, as the dollar stayed strong and investors anticipated more central bank interest-rate hikes designed to quell inflation.

Crude oil theft in Nigeria, which is blamed for throttling output and exports, is tantamount to treason that should be punished by the stiffest possible penalty, the Speaker of the House of Representatives said.

Oil prices edged slightly higher in volatile trading, as worries of tight supplies outweighed the rest.