Auto Industry News

Haryana Home Minister Anil Vij tweeted that the front suspension of his Mercedes-Benz E 200 broke while travelling from Ambala Cantt. to Gurugram on the KMP Expressway.

R C Bhargava, Chairman of Maruti Suzuki says following NCAP safety standards would have no significant impact on reducing accidents in India if focus wasn’t paid to vehicle and driver fitness.

One of the two SUVs will be the 5 door long wheelbase version of the Suzuki Jimny, which is likely to be rebadged as Gypsy. The second SUV is expected to be a subcompact or compact offering.

The market was also buoyed by concerns about supply disruptions, including the ongoing shutdown of the Canada-to-United States Keystone crude pipeline following a massive leak last week.

The Turkish measures, which came into effect on Dec. 1, requires vessels to provide proof of insurance for the duration of transit through the Bosphorus or when calling at Turkish ports.

In a statement, Petroecuador did not estimate the impact of Sunday's incident on its production levels, but said it was working to normalize output in the coming days after the resulting power outage affected 728 of its wells.

The Italian motorcycle company says price hike is necessitated due to rising input costs though no quantum of hike has been revealed yet.

Brent crude futures settled at $77.99 a barrel, gaining $1.89 or 2.5%. U.S. West Texas Intermediate crude settled at $73.17 a barrel, rising $2.15, or 3%.