Auto Industry News

Oil edged up 1% as an international energy watchdog expects an increase in gas-to-oil switching due to high prices this winter.

Musk accused Twitter of fraud by concealing serious flaws in the social media company's data security.

Compass Minerals will use a lithium extraction technology developed by EnergySource Minerals LLC to produce the electric vehicle battery metal for Ford & others.

Indian shares dropped nearly 2% to register a weekly decline, dragged by a sharp fall automobile stocks.

As many as 58 citizen-centric services related to driving license, vehicle registration, and transfer of ownership can now be availed online with the help of Aadhaar authentication on voluntary basis.

Ecuador reached a preliminary agreement with indigenous groups to declare a temporary moratorium on 16 oil blocks, Energy and Mining Minister Xavier Vera said, a turning point in negotiations aimed at staving off renewed street protests.

Oil prices settled higher, shaking off weaker demand expectations as supply concerns mount heading into the winter.

Post COVID-19 there is a strong affinity towards personal mobility and a major chunk of consumers are buying used cars. The 2022 IBB report addresses some of defining factors involved in purchasing a used car in India.