Starboard Value has acquired about $350 million stake in CarMax and nominated two directors—Bill Cobb and Jeffrey Smith—to the company’s board.

Battery-electric vehicles are expected to account for 23% of new car sales in the EU and Norway in 2026 and 28% in 2027, according to the campaign group Transport & Environment. Average EV prices ...

Government delays tender for 6,230 e-buses by one month after bidders seek clarity on subsidy for Delhi. PM E-DRIVE scheme plans 14,028 electric buses with ₹4,391 crore allocation for major cities.

The tribunal said, the insurance firm shall be entitled to recover this entire amount from the owner of the insured vehicle "without filing a separate suit, but by initiating the execution proceeding" ...

The Odisha State Transport Authority initiates a special campaign focusing on traffic violations and road safety awareness ...

Driver authentication plays a critical role in commercial fleet operations, influencing attendance records, wage calculations, enforcement of maximum driving hours and prevention of unauthorised ...

Elon Musk unveils 'Macrohard', a groundbreaking AI project merging Tesla and xAI capabilities. Discover how this innovation aims to disrupt traditional software models and emulate the functions of ...

Metropolitan Transport Corporation has introduced a state-of-the-art low-floor electric AC bus service in Chennai, aiming to shift commuters from private vehicles to public transport with features ...

The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve to help ease rising oil prices caused by supply disruptions linked to the conflict involving Iran, Israel ...

India has so far avoided banning fuel exports despite supply pressures triggered by the Iran conflict, citing logistical hurdles, exporters’ contractual obligations, and tax complications linked to ...

Reliance Industries, led by Mukesh Ambani, is set to invest in the first new oil refinery in the US in 50 years, marking a significant return to the American energy sector. The project, supported by ...

Falling resale prices and improving reliability are making used electric vehicles more attractive to buyers in the US, turning the pre-owned market into a key entry point as incentives for new EVs ...