Auto Industry News

To commemorate 75 years of independence, we look at Indian brands that have expanded their reach to global markets.

The Indian Army often re-sells its non-combat vehicles at defence auctions in the country. We tell you how to go about purchasing a non-combat vehicle from the Army at a defence auction.

India’s largest carmaker Maruti Suzuki’s state-of-the-art Research and Development centre is equipped with end-to-end development of vehicles. We spent a day at the facility and witnessed the stringent testing procedures the company’s vehicles go through.

British electric vehicle start-up Arrival SA reported a wider quarterly loss on Thursday and said it would delay spending on its bus project as it looks to secure more capital, sending its U.S-listed shares down 13%.

Indian shares closed at a near four-month high on Monday, led by metals and automobile stocks, as cooling oil prices and strong buying from foreign investors lifted sentiment.

Two U.S. lawmakers who chair subcommittees overseeing auto safety asked the federal auto safety regulator for a briefing on its probes into crashes involving Tesla Inc electric vehicles using Autopilot and advanced driver assistance systems, according to a letter seen by Reuters.

The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and breach World Trade Organization (WTO) rules.

India's Nayara Energy, part owned by Russian oil major RosneftMM>, posted a record quarterly profit in April-June as its margins improved due to higher intake of discounted Russian oil and fuel exports.