Auto Industry News

Hyundai has given the Venue N Line a number of cosmetic and mechanical updates over the standard model of the Venue. We give you a lowdown on the changes.

The main districts of Chinese tech hub Shenzhen shut down public transport and extended curbs on public activities as cities across China battled COVID-19 outbreaks that have dampened the outlook for economic recovery.

Indonesia raised subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

Vietnamese EV manufacturer is set to open showrooms in Germany in the coming months with plans to open 25 outlets by end 2023.

Oil prices rose on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5, though concern over China's COVID-19 curbs and weakness in the global economy loomed over the market.

Rich countries agreed to try to cap the global price of Russian oil, while Russia delayed the re-opening of its main gas pipeline to Germany, as both sides raised the stakes in an energy war between Moscow and the West over Ukraine.

Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe's difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance.

Cyrus Mistry was travelling in a Mercedes-Benz GLC SUV at the time of the accident and the automaker has said it's extending all help to the authorities in the matter.