Auto Industry News
Fuel Ship Sinks Off Tunisia, Threatening Environmental Disaster
Tunisian authorities intensified efforts on Saturday to avoid an environmental disaster after a merchant fuel ship carrying one thousand tons of fuel sank off the coast of Gabes.
Stellantis CEO Upbeat On U.S. As Shareholders Vote Against Pay Package
Apr 23, 2022 04:51 PM
Stellantis CEO Carlos Tavares on Wednesday took a bullish stance on the U.S. market despite rising fears of a downturn, as the carmaker's shareholders voted against the 2021 compensation package for top executives.
Judge Rules Musk's Tweets Over Taking Tesla Private Were False - Report
Apr 23, 2022 04:45 PM
A federal judge has ruled that Tesla CEO Elon Musk's 2018 tweets about having secured financing to take the company private were false.
Kenya To Deport Rubis CEO Amid Fuel Crisis - Report
Apr 23, 2022 04:37 PM
Kenya plans to deport the CEO of fuel storage and distribution company Rubis Energy Kenya over a fuel crisis
GreenCell Mobility Unveils New Intercity Electric Mobility Coach Brand 'NueGo'
Apr 23, 2022 01:01 AM
Intially, GreenCell plans to offer NueGo services across 24 cities and roll out 250 electric buses. The larger goal is to roll out 750 premium AC e-buses across key intercity routes in Southern, Northern and Western India covering key transit routes with coverage in over 75 cities.
Carlos Ghosn "Surprised" By Reports Of French International Arrest Warrant
Apr 22, 2022 11:43 PM
As per reports an investigative magistrate issued international arrest warrant against Ghosn and the current owners or former directors of the Omani company Suhail Bahwan Automobiles
Lamborghini Huracan Production Crosses 20,000 Units
Apr 22, 2022 11:33 PM
Eight years since it was first launched, the Lamborghini Huracan has now touched the 20,000 unit production milestone.
India's Reliance Buys At Least 15 Million Barrels Of Russian Oil - Report
Apr 22, 2022 11:16 PM
Indian refiners have snapped up the cheap barrels of Russian crude as India, the world's third-biggest oil importer and consumer, is hit hard by high oil prices.
India Keen To Boost Oil Imports From Brazil - Report
Apr 22, 2022 11:07 PM
India, which meets about 84% of its oil needs through imports, is looking at ways to cut its import bill including stepping up use of bio-fuels.