Auto Industry News

Poetsch, 70, became chairman of the supervisory board in 2015, weeks after the start of the diesel emissions scandal - in which Volkswagen in 2015 acknowledged using illegal software to rig diesel engine tests in the United States.

Renault has rolled out special benefits of up to Rs. 75,000 on cars including the Kwid, Duster, Triber and the Kiger this month. These offers include cash discount, exchange bonus and loyalty benefit.

Indian fuel demand had recovered to near pre-pandemic levels in March but has been sliding since April owing to a resurgence in infections, prompting Indian refiners to cut crude processing and imports.

The price hike is applicable on all four models - Kwid, Kiger, Triber and the Duster.

Democrats are pushing aggressive climate goals to have a majority of U.S.manufactured cars be electric by 2030 and every car on the road to be electric by 2040.

Precept was revealed in March 2020 to showcase the future of Polestar's design, technology and sustainability ambitions.

Carlos Ghosn, who has denied all wrongdoing, was chairman of both Nissan and Mitsubishi and chief executive of Renault when he was arrested on charges of under-reporting his salary and using company funds for personal purposes.

Refiners shipped in about 4.2 million barrels per day (bpd) oil in April, a decline of about 8.7% from the same month last year.