Auto Industry News

Indian Oil Corporation plans to raise funds selling commercial papers maturing in a more than a month.

Chinese chipmakers' shares jumped by the most in two years this week as House of Representatives Speaker Nancy Pelosi's visit to Taiwan heightened tensions with the U.S., driving patriotic bets on a sector Beijing sees as key to its rivalry with Washington.

Tesla Inc said on Friday trading in its three-for-one split shares will start on Aug. 25, after the electric vehicle maker's shareholders approved the proposal during its annual meeting.

Vietnam's VinFast is looking to hire 8,000 more employees for its electric-vehicle plant in Vietnam as it ramps up production to deliver its first battery-powered SUVs to the United States by the end of this year, company said.

Oil prices settled higher, recouping some of this week's losses on strong U.S. job growth data, but closed the week at their lowest levels since February, rattled by worries a recession could hit fuel demand.

Omega Seiki plans to expand the two-wheeler and three-wheeler market with the help of Agri Junction FY 2022-2023. The company is testing its electric tractors in its Korea and Thailand R&D centres and will be bringing new concepts of tractors as a service and leasing for the Tier II and III markets by 2023.

Planning to buy a used subcompact sedan? Here are 5 cars that we think you must consider.

Car accessory market is huge when it comes to options and revenue and over the period, even original equipment manufacturers (OEMs) or automakers have started offering plenty options.