Auto Industry News

Exclusive-Crisis-Hit Sri Lanka Strikes Staff-Level Loan Pact With IMF -Sources
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made, four sources with direct knowledge of the matter said.

This Decade's Oil Boom Is Moving Offshore - Way Offshore
Aug 31, 2022 07:51 PM
Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast.

Oil Prices Climb 1% As U.S. Fuel Inventories Fall
Aug 31, 2022 07:49 PM
Oil prices recovered slightly as data pointed to firm U.S. fuel demand, providing respite after a 5% drop a day earlier on fears that demand will suffer from increased China COVID curbs and central bank interest rate hikes.
Musk Looks To Delay Twitter Trial Following Whistleblower Claims
Aug 31, 2022 07:46 PM
Elon Musk is seeking to delay until November a trial over his intention to back out of a $44 billion deal to buy Twitter Inc and amend his complaint against the social media company, according to court filings, after a whistleblower provided him with fresh ammunition.

List Of Traffic Fine Amounts In Delhi
Aug 31, 2022 05:12 PM
Here's a list of traffic fine amounts in Delhi as per the Motor Vehicle Act, 2019.

Parking Rules & Fines: All You Need To Know
Aug 31, 2022 04:44 PM
To drive or round around India, you should be aware of parking rules. By being aware of the parking rules, chances of you paying fines will be less.

Hero MotoCorp Inaugurates First Xpulse Xperience Centre In Bengaluru
Aug 31, 2022 01:29 AM
Hero MotoCorp also delivered the first 100 units of the Xpulse 200 4V Rally Edition on the occasion.

Stellantis Plant In Sochaux Halted Over Chip Shortage
Aug 31, 2022 01:19 AM
Car production at Stellantis' Sochaux car plant in France will be suspended until Saturday, the company confirmed to Reuters, after a union official cited semiconductor shortages as the reason for the interruption.

Planning To Buy A Used 10th Gen Honda Civic? Here Are Some Pros And Cons
Aug 31, 2022 01:18 AM
Planning to buy a used tenth-gen Honda Civic? Before you start looking for one, here are some pros and cons you must consider.

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