Auto Industry News

Maruti Suzuki commenced exporting cars from India in the financial year 1986-87.

The partnership will make TotalEnergies range of lubricants available to customers through a network of over 750 workshops across India.

Brent crude settled down 1.2%, to $74.99 while West Texas Intermediate U.S. crude futures fell 1%, to $69.26 a barrel.

As per a report, the company is negotiating with a number of banks to raise the amount and an agreement could be reached later this year

The hike in prices will come into effect from April though the carmaker has not revealed the quantum of hike or the models affected.

Brent crude futures fell by 78 cents to settle at $75.91 a barrel. U.S. West Texas Intermediate crude futures slid by 94 cents, to end the session at $69.96 a barrel.

According to the International Energy Agency (IEA), Russia's total exports of oil and petroleum products in February 2023 fell to 7.5 million barrels per day (bpd), from an average amount of 7.7 million bpd in 2022 (7.5 million bpd in 2021).

Joby Aviation is developing electric aircraft with vertical take-off and landing capabilities to be used as air taxis with plans to commence commercial passenger services from 2025