Auto Industry News

Palladium, used in vehicle exhausts to curb emissions, has retreated nearly 40% since hitting an all-time high in early March

Brookfield Business Partners is buying CDK Global Inc for $6.41 billion in cash, taking private the last major publicly traded provider of software to auto dealers and manufacturers.

BMW Chief Executive Officer Oliver Zipse has long advocated against all-out bans on combustion engine car sales in the face of rising pressure from regulators on the auto industry to curb its carbon emissions and environmental impact.

Japan's Honda Motor Co Ltd plans to spend $64 billion on research and development over the next decade, the company said on Tuesday, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030.

Stellantis brands to use Qualcomm's vehicle cockpit and 5G telematics technology starting in 2024

In recent weeks there have been several incidents of e-scooters catching fire or being involved in them sparking safety concerns among some buyers

Brazilian auto parts company Tupy SA has signed a deal to buy motor maker MWM, formally known as International Industria Automotiva da America do Sul, Tupy said on Monday, sending its shares sharply higher.

The NSE Nifty 50 index closed 1.05% higher at 17,136.55 and the S&P BSE Sensex was up 1.02% at 57,037.50 following a sharp selloff late on Tuesday, after Russia said it was starting a new stage of what it calls its special military operation in Ukraine.