Auto Industry News

Oil Jumps 5% As Caspian Pipeline Disruption Adds To Supply Fears
Crude oil exports from Kazakhstan's CPC terminal on Russia's Black Sea coast stopped fully on Wednesday after damage caused by a major storm and continued bad weather.

India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge
Mar 24, 2022 09:23 PM
India's crude oil import dropped 8.6 percent over January 2022 while fuel consumption rose 5.4 percent year on year

Hisashi Takeuchi To Succeed Kenichi Ayukawa As Maruti Suzuki's New MD & CEO
Mar 24, 2022 08:00 PM
In a bid to ensure smooth transition, Ayukawa will continue to provide guidance to the Company till September 30.

MG Motor India Introduces Online Car Finance Platform
Mar 24, 2022 07:43 PM
MG Motor India aims to offer online car purchase solutions with flexible, seamless, transparent, and quick loan approvals.

CNG Becomes More Expensive By Rs. 1 In Delhi-NCR
Mar 24, 2022 05:24 PM
Indraprastha Gas Limited (IGL) has increased the price of compressed natural gas or CNG by Rs. 1 per kilogram, in Delhi and NCR. Right now, in Delhi CNG is priced at Rs. 59.01 per kg and the new rates came into effect from today, March 24

Stellantis, LG Energy Solution To Set-Up EV Battery Plant In Canada
Mar 24, 2022 04:24 PM
The joint venture between Stellantis and LG Energy Solution will invest over $4.1 billion to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ontario, Canada.

Honda 2Wheelers India Exports Cross 30 Lakh Mark, Honda Dio Most Exported Two-Wheeler
Mar 23, 2022 11:17 PM
Honda began export operations in 2001 with the Activa and crossed the 15 lakh milestone in 2016, the next 15 lakh exports have come in only the last five years, growing at three times faster speed.

Not Raid But "Routine Inquiry," Hero MotoCorp Clarifies Income Tax Department Visits
Mar 23, 2022 11:17 PM
In its statement, Hero said that the I-T department visit was part of a "routine inquiry" and isn't uncommon before the end of the financial year.

Toll Plazas Within 60 Km Of Other Booths To Be Closed In Next 3 Months: Nitin Gadkari
Mar 23, 2022 08:27 PM
Addressing the Lok Sabha, Union Minister Nitin Gadkari said that all toll collection booths, which are active within 60 kilometre distance of any other toll booth, will be shut down in the next three months.

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