Auto Industry News
India's Retail Vehicle Sales Jumps 26% In November - FADA
The festive and wedding season in India helped boost the country's total retail vehicles sales by 26% in November from a year ago.
Hyundai, SK To Build New Battery Plant In Georgia
Dec 11, 2022 06:36 PM
Hyundai and SK will build a new battery manufacturing plant in the U.S. state of Georgia to supply the Korean automaker's U.S. assembly plants.
South Korean Truckers' Strike Cost $1.2 Billion In Lost Shipments
Dec 11, 2022 06:24 PM
A strike by South Korean truckers is estimated to have cost 1.6 trillion won ($1.23 billion) in lost shipments.
Oil Settles Up $2 On Tighter Supply; OPEC+ Talks Limit Gains
Dec 11, 2022 03:42 PM
Oil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.
OPEC+ Switch To Virtual Meeting Signals Policy Roll-Over Ahead Of Russian Oil Price Cap - Report
Dec 11, 2022 03:33 PM
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change.
BMW XM Launched In India; Prices Begin From Rs. 2.60 Crore
Dec 12, 2022 08:19 PM
The BMW XM retains the same design as the concept with split headlamps flanking a prominent BMW kidney grille. The side profile too is unchanged.
Sonalika Reports Fastest Cumulative 1 Lakh Tractor Sales In A Year
Dec 10, 2022 04:18 PM
The manufacturer said that reaching the cumulative 1 lakh sales mark in 8 months was its fastest in a year.
Speed Limit On Yamuna Expressway To Be Lowered To 80 KMPH From December 15
Dec 10, 2022 06:05 AM
The Yamuna Expressway Industrial Development Authority (YEIDA) has decided to lower the speed limit from 100 kmph to 80 kmph in a bid to prevent accidents during the winter season.
BMW India To Launch 8 New Models by January 2023
Dec 10, 2022 06:57 AM
BMW India confirmed launching eight new models across segment in the course of seven weeks. All new models will be introduced at its upcoming Joytown events.
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