Auto Industry News
World Shares Extend Rout, Oil Prices Drop On Recession Worries
The selling spilled over into commodities markets, where oil prices dropped over $2 per barrel. Gold prices faced their biggest weekly loss in four weeks after the Federal Reserve indicated it was not done hiking rates.
Oil Prices Slid 2% As Dollar Firms And Central Banks Hike Interest Rates
Dec 21, 2022 12:40 AM
After rising for three straight days, Brent futures fell $1.49, or 1.8%, to settle at $81.21 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.17, or 1.5%, to settle at $76.11.
Oil Prices Climb By $2 Amid Forecasts For 2023 Demand Uptick
Dec 21, 2022 12:38 AM
Brent crude futures settled up $2.02, or 2.4%, to $82.70 per barrel, while U.S. West Texas Intermediate (WTI) crude futures settled up $1.94 to $77.28.
Russia Replaces Iraq As Top Oil Supplier To India In November
Dec 21, 2022 12:34 AM
India's oil imports from Russia rose for the fifth straight month, totaling 908,000 barrels per day (bpd) in November, up 4% from October, the data showed.
Audi To Manufacture Electric Vehicles At All Plants From 2029
Dec 21, 2022 04:07 PM
Carmaker plans to cease the manufacturing of internal combustion models by 2033.
Hero XPulse 200T 4V Launched In India; Priced At Rs. 1.26 Lakh
Dec 20, 2022 11:17 PM
Hero MotoCorp launched the updated XPulse 200T in India at Rs. 1,25,726 (ex-showroom, Mumbai).
2023 Mercedes-AMG E53 Cabriolet 4Matic+ India Unveil On January 06, 2023
Dec 20, 2022 09:30 PM
The convertible Mercedes-AMG E53 4Matic+ is essentially the convertible version of the AMG E53 sedan and is a successor to the previous-generation AMG E53 facelift.
2023 Bajaj Platina 110 ABS Launched In India; Priced At Rs. 72,224
Jan 3, 2023 12:28 AM
The Platina 110 is the only motorcycle in the segment to feature ABS and gets features such as a LED DRL and digital speedometer.
Skoda Achieves 2022 Target Of 225 Touchpoints Across India; Now Aims 250 Outlets
Dec 20, 2022 08:11 PM
In addition to launching new products in the market, the Skoda’s India 2.0 strategy also included expanding its network, and for 2022 the company had set a target for 225 touchpoints. The carmaker has achieved the target, and is now on track to reach 250 touchpoints soon.