Auto Industry News
India's Crude Imports Stall In April As Virus Stifles Demand
India's top state oil refiners reduced processing runs and crude imports in April as the pandemic took a toll on fuel consumption, leading to higher product stockpiles at the plants.
Indian Refiners Process Less Crude In April As Pandemic Stalls Activity
May 23, 2021 06:40 PM
The country's biggest refiner, Indian Oil Corp has reduced crude processing to average at 84% of overall capacity from 96% in April.
Petrol, Diesel Prices Hiked Again; Petrol Inches Closer To Rs. 100/Litre Mark In Mumbai
May 23, 2021 05:10 PM
Petrol rates in Delhi have now touched Rs. 93.21 per litre, while diesel retails at Rs. 84.07 per litre. In Mumbai, petrol price is inching towards Rs. 100 per litre mark, currently standing at Rs. 99.49 per litre.
Magenta EV Solutions Raises Rs. 125 Crore In Series A Round Of Funding
May 23, 2021 01:31 AM
The fresh investment includes Rs. 120 core from entrepreneur Dr Kiran Patel, as well as an additional funding from JITO Angel Network to the tune of Rs. 5 crore.
COVID-19: Mahindra Extends Warranty And Free Service Period Till July 31, 2021
May 23, 2021 12:08 AM
Mahindra has announced that it will extend warranty and free services for its entire range of vehicles till July 31, 2021. This applies to owners whose warranty and scheduled services were expiring between April-May 2021.
Italy To Get Its First Stretch Of Inductive Highways For EV Charging On The Go
May 22, 2021 10:57 PM
The project will enable Wireless Power Transfer (WPT) technology to be demonstrated for a full range of EVs in multiple modes; including Static Power Transfer for stationary vehicles and Dynamic Power Transfer for vehicles in-motion.
Bentley Celebrates 75 Years Of Manufacturing Cars In Crewe
May 22, 2021 10:52 PM
Bentley marks 75 year anniversary since the Bentley Mark VI was the first model to roll off the Crewe production line in 1946
This Is The World’s First Electric Flying Race Car
May 22, 2021 10:19 PM
Acceleration from 0-100 kmph takes 2.8 seconds and the Speeder can climb to 500 meters.
Mahindra Says It Has No Plans To Launch Current Variant Of The Thar In Australia
May 22, 2021 07:26 PM
Mahindra & Mahindra has made clear to the court that it had no such plans to launch the current model of the Thar SUV in Australia. It has also agreed to provide a 90-day prior notice to FCA before lodging any application for homologation.
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