Auto Industry News

The Indian rupee trimmed early gains against the U.S. currency on Thursday, weighed down by dollar demand from importers and oil companies.

Wall Street equity indexes closed higher as some investors bet that August data would show easing U.S. inflation while others were encouraged by news that Ukraine had made progress against Russia in a war that has hurt the global economy.

New mid-spec variant gets the addition of a panoramic sunroof among some other features.

Honda’s first flex-fuel model will use E20 (a combination of petrol and 20 per cent ethanol) and this will be gradually rolled out across Honda’s product range, President,CEO & MD of HMSI, Atsushi Ogata told carandbike.

The Monster SP gets several upgrades over the standard model including fully adjustable Ohlins suspension, Brembo Stylema callipers and a new Termignoni exhaust.

The two-wheeler manufacturer said that it was considering a model in the EV space though it still felt that the market needs to improve further.

The new 100 cc commuter motorcycle which will be positioned as an affordable and economical product which will compete with the Hero Splendor.

The central government is reportedly working on amending the FAME scheme to include subsidies for the setting up of charging infrastructure for electric vehicles.