Auto Industry News

Planning To Buy A Used Ford Endeavour? Pros And Cons
You can get an older gen model for as low as Rs. 5.5 lakh, but the new generation model is not that cheap.

Oil Eases On Profit Taking, Demand Jitters; Stays Near Highest In Years
Oct 27, 2021 11:17 PM
Prices came under pressure early when China, the world's biggest crude importer, released data showing September imports fell 15% from a year earlier.

GM To Boost EV Profile With 40,000 Charging Stations In U.S., Canada
Oct 27, 2021 10:54 PM
The announcement comes just months after the automaker said it had signed agreements with some companies to offer its customers access to nearly 60,000 charging points across the same regions.

Russia's Delimobil Targets Over $900 Million Valuation In U.S. IPO
Oct 27, 2021 10:43 PM
Delimobil is one of Russia's biggest car-sharing providers with a fleet of over 18,000 vehicles in 11 cities.

Uber Partners With Hertz To Offer 50,000 Tesla Rentals To U.S. Ride-Hail Drivers
Oct 27, 2021 10:30 PM
Uber's announcement comes just days after Hertz on Monday said it would order 100,000 Tesla vehicles by the end of 2022.

Maruti Suzuki Q2 FY22 Net Profit Drops 65% To 475 Crore Due To Chip Shortage
Oct 27, 2021 09:01 PM
Maruti Suzuki India today released its financial results for the second quarter (Q2) of FY 2021-22, during which the company saw a net profit of Rs. 475 crore.

New Skoda Slavia Compact Sedan's Specifications and Engine Details Released
Oct 27, 2021 08:33 PM
Skoda Auto India has also released a bunch of technical specifications and engine details of the new Slavia compact sedan.

General Motors Rages Against End Of Combustion Age With A 670-HP Corvette
Oct 27, 2021 06:34 PM
GM said it sold 23,858 Corvettes worldwide in 2020, and 27,376 in the first nine months of 2021. U.S. customers bought more than 24,000 new Corvettes this year.

Chip Constraints To Stretch Into 2022, Says French Car Sector Body
Oct 27, 2021 06:27 PM
Problems over semi-conductor supplies could still affect the car industry for a good part of 2022, the head of French car sector body PFA said on Tuesday.

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