Auto Industry News

Atleast two refiners expected to buy less Saudi oil following a rise in official selling price to record highs for Asia.

New EU sanction if approved would ban import of Russian coal and Russian ships from entering EU ports with sanctions on oil imports also on the cards.

Vehicle transmission technology is continually developing, providing buyers with various options. One of the latest options available in this regard is the CVT transmission system.

Petrol and diesel prices up by Rs 10 per litre since March 22. CNG prices hiked in Delhi and Mumbai

Maruti Suzuki has said that the increase in various input costs is the reason why it is hiking vehicle prices in India. While the quantum of increase in prices hasn't been revealed, the company has said that the hike shall vary for different models.

Peruvian President Pedro Castillo imposed a curfew in the capital, Lima, on Tuesday, banning people from leaving their homes in an attempt to curb protests against rising fuel and fertilizer costs that have spread throughout the country.

Oil prices jumped over 3% with investors worried about tighter supply as mounting civilian deaths in Ukraine increased pressure on European countries to impose sanctions on Russia's energy sector.

General Motors and Honda Motor Co said they will co-develop a series of electric vehicles based on a new global architecture, allowing production of millions of vehicles starting in 2027.