Auto Industry News
Royal Enfield Appoints Yadvinder Singh Guleria As Chief Commercial Officer
Guleria will be responsible for leading Royal Enfield's business growth globally, across India and all international markets, and will also spearhead sales, marketing and aftermarket functions.
New Maruti Suzuki Brezza Bags Over 45,000 Bookings In 8 Days
Jul 1, 2022 03:37 PM
The newly launched Maruti Suzuki Brezza subcompact SUV has bagged over 45,000 bookings in mere 8 days, with the company receiving over 4 bookings per minute.
Oil slips on China lockdowns, but bullish trends intact
Jul 1, 2022 05:52 PM
Oil prices have been rallying steadily over the last two months, led by big increases in prices of refined products due to tight refining supply and surging demand
Indian Government In Talks With Russian Over Cut-Price Oil Deal - Report
Jul 1, 2022 06:06 AM
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
Musk Says 'Tesla Is On My Mind 24/7' Amid Concerns About Twitter Distraction
Jul 1, 2022 06:00 AM
Elon Musk said "Tesla is on my mind 24/7," trying to soothe investor worries about him being distracted by a Twitter deal that has depressed stocks at the electric car company.
Musk Denies He Sexually Harassed Flight Attendant; Tesla Shares Sink
Jul 1, 2022 05:56 AM
Elon Musk has denounced as "utterly untrue" claims in a news report that he sexually harassed a flight attendant on a private jet in 2016.
Self-Driving Car Startup Wayve Taps Microsoft For 'Supercomputer Muscle'
Jul 1, 2022 05:51 AM
Wayve will use supercomputer infrastructure designed for the firm by its investor Microsoft to process vast amounts of data as it develops machine learning-based models for self-driving cars.
Pakistan Hikes Fuel Prices To Unlock IMF Funding
Jul 1, 2022 05:46 AM
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
Hyundai Motor Group To Invest $50 Billion In S.Korea Through 2025
Jul 1, 2022 05:40 AM
Hyundai Motor Group plans to invest 63 trillion won ($49.86 billion) in South Korea through 2025 to strengthen its competitiveness in different business fields