American Axle takes $485M charge in Q4, but outlook bullish for 2019

American Axle takes $485M charge in Q4, but outlook bullish for 2019

DETROIT — American Axle & Manufacturing Holdings Inc. said it posted a fourth-quarter loss following a major one-time noncash charge of $485.5 million, but...
BP, Auto News, ET Auto

BP, Auto News, ET Auto

India will by mid-2020s surpass China as the world's largest energy growth market, accounting for over a quarter of incremental global demand, UK supermajor...
MoRTH to soon introduce standard to identify spurious part in 25 safety components, Auto News, ET Auto

MoRTH to soon introduce standard to identify spurious part in 25 safety components, Auto...

New Delhi: To cut down the usage of spurious components in auto aftermarkets, Automotive Component Manufacturers Association (ACMA) of India is working with Ministry...
Group of Ministers to vet gas pricing reforms, Auto News, ET Auto

Group of Ministers to vet gas pricing reforms, Auto News, ET Auto

NEW DELHI: The government has constituted a Group of Ministers (GoM) to examine the key upstream reforms including total freedom for gas pricing as...
Oil prices hit 2019 highs amid Opec-led supply cuts, Auto News, ET Auto

Oil prices hit 2019 highs amid Opec-led supply cuts, Auto News, ET Auto

SINGAPORE: Oil prices rallied on Friday, with Brent crude futures hitting fresh 2019 highs amid US sanctions against Venezuela and Iran and supply cuts...
Auto components co Pricol sacks 294 dissenting staff, Auto News, ET Auto

Auto components co Pricol sacks 294 dissenting staff, Auto News, ET Auto

Coimbatore: Giving a jolt to its dissenting workers, auto components major Pricol has sacked 294 employees, roughly one fourth of its total workforce at...
JLR rolls out new inline six-cylinder petrol engine, Auto News, ET Auto

JLR rolls out new inline six-cylinder petrol engine, Auto News, ET Auto

New Delhi: Jaguar Land Rover (JLR) on Wednesday expanded its 'Ingenium' engine portfolio by launching a new range of in-line six-cylinder engine.This new engine...
FCA to idle Ontario minivan plant due to parts shortage

FCA to idle Ontario minivan plant due to parts shortage

Fiat Chrysler Automobiles is idling its minivan plant in Windsor, Ontario, the week of Feb. 18 due to a parts shortage, the company says.FCA...
Oil rises on hopes for US-China trade breakthrough, Auto News, ET Auto

Oil rises on hopes for US-China trade breakthrough, Auto News, ET Auto

SINGAPORE: Oil prices rose on Thursday, buoyed by hopes that potential progress in the latest Sino-US tariff talks would improve the global economic outlook.US...
Venezuela turns to India as sanctions cut oil flow to U.S., Europe, Auto News, ET Auto

Venezuela turns to India as sanctions cut oil flow to U.S., Europe, Auto News,...

Venezuela's oil exports have tapered off and shifted toward India since new U.S. sanctions began January 28 as state-run oil company PDVSA seeks to...