Auto Industry News

Reliance Industries is snapping up Russian refined fuels, including rare purchases of naphtha, after some Western buyers stopped Russian imports.

Maruti Suzuki is planning to increase the price of its vehicles in January, prompted by continued cost pressure due to inflation and recent regulatory requirements.

The festive season helped drive strong overall sales at most Indian automakers in November.

Essar Group plans to set up a Rs. 40,000 cr. petrochemical complex in the eastern state of Odisha in a tie-up with a global player.

G7 nations and Australia said they had agreed a $60 per barrel price cap on Russian seaborne crude oil.

Tesla CEO Musk delivered the company's first heavy-duty Semi to PepsiCo without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.

India is to ban the use of diesel autorickshaws in areas around the capital Delhi, expanding restrictions introduced in the city itself to tackle some of the worst city air quality in the world.

Oil prices rose by as much as $1 per barrel after dropping below key technical support levels in the previous session, as an energy standoff between Europe and Russia focused investor minds on how tight fuel supply may become.