Auto Industry News

Oil futures have been volatile in recent weeks, pressured by worries that rising interest rates could slow economic activity and fuel demand but supported by tight supply, especially since Russia's invasion of Ukraine and Western sanctions on Moscow.

The company now expects to spend between $6 billion and $8 billion this year and each of the next two years, up from its previous expenditure plan of $5 billion-$7 billion, as it looks to ramp up production at its new facilities in Texas and Berlin.

Company plans to launch three electric vehicles in Japan in 2023 starting with the ATTO 3.

Earlier this month Italy's Emilia-Romagna regional government sought reassurances from Silk-FAW amid worries by the local authorities that the plan might not go ahead.

The loan is set to help finance construction of new lithium-ion battery manufacturing facilities in the U.S.

If you are looking for a Skoda Octavia, but are on a budget, we suggest going for a pre-owned model. And if you are planning to buy a used Skoda Octavia, here are a few pros and cons you must consider.

Planning to get a pre-owned Mahindra XUV300? Here are some pros and cons you must consider.

The Honda City is extremely popular in the used car market as well and if you are planning to get one, you need to consider these pros and cons first.