Auto Industry News
Oil Slips On China Demand Worries, While EU Weighs Russia Oil Ban
Oil slipped by more than 1% on Tuesday as concerns about demand due to China's prolonged COVID lockdowns outweighed support from a possible European oil embargo on Russia over its actions in Ukraine.
U.S. To Spend More Than $3 Billion On EV Battery Manufacturing - Report
May 4, 2022 12:36 AM
The funds will be allocated by the Department of Energy from the $1 trillion infrastructure bill President Joe Biden signed last year.
EV Sales April 2022: WardWizard Reports Sale Of 4,087 Electric Two-Wheelers
May 3, 2022 07:26 PM
In April 2022, WardWizard, manufacturer of Joy e-bike electric two-wheelers, sold 4,087 units in India, witnessing a more than 8-fold growth of 766 per cent compared to the 472 electric two-wheelers sold in April 2021.
Auto Sales April 2022: Mahindra's Farm Equipment Sector Sees 51% YoY Growth In Domestic Sales
May 3, 2022 05:20 PM
In April 2022, Mahindra's Farm Equipment Sector sold 39,405 in India, a growth of 51 per cent compared to the 26,130 units sold in April 2021. The company also exported 1,534 tractors from India witnessing a growth of 10 per cent against last year.
Two-Wheeler Sales April 2022: Honda 2Wheelers India Reports 33 Per Cent Growth
May 3, 2022 05:55 AM
Honda 2Wheeler India's domestic sales stood at 318,732 units last month as against 240,101 units in April 2021.
Volkswagen India Hikes Prices Of The Taigun And Tiguan; Updates Taigun With More Standard Features
May 3, 2022 02:44 AM
Prices of both SUVs have gone up by 2.5 per cent to 4 per cent depending on the variant, while the German carmaker has also updated the Volkswagen Taigun with more standard features.
Auto Sales April 2022: Sonalika Tractors Records 43.5 Per Cent Sales Growth In Domestic Market
May 2, 2022 11:39 PM
Overall sales of the company (including exports) stood at 12,328 units in April 2022.
F1: Ferrari To Counter Red Bull Power Advantage In Miami With Upgrades
May 2, 2022 10:22 PM
Ferrari is preparing a countermeasure to the Red Bull straight-line speed advantage
Auto Sales April 2022: Kia India Records 18 Per Cent Sales Growth
May 2, 2022 09:41 PM
The Kia Seltos compact SUV remained to be the bestselling model for the Korean brand in India with 7,506 units being sold last month.